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Village on fundraising path

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Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.

Zoellick: no gold standard, but role key

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World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.

Gold One upbeat on Modder East drilling

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Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.

Minas Rio on track, says Carroll

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Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.

Motsepe coins it

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Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.

Jubilee’s ConRoast operational early 2011

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JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.

AngloGold net C$70m from B2Gold share sales

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AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.

Court to rule on Potash-BHP suit

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A US court will rule on Potash Corp's request for a preliminary injunction against unsolicited suitor BHP Billiton, ahead of the November 18 deadline on the Anglo-Australian miner's $39bn tender offer.

Zimbabwe charges diamond firm ACR with fraud

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Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Gold stocks on fire

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Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.