Gold stocks on fire
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.
Murray & Roberts to sell off steel unit
Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.
Gold, silver extend record rally
Gold has risen to a record high for the fourth straight session, as inflation worries and euro zone sovereign debt woes continue to lure investors to precious metals.
Merafe sees strong growth in stainless steel
Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.
Randgold Resources output disappoints
West African-focused gold miner Randgold Resources has posted lower-than-expected production in the third quarter, although it expects output to rise significantly in the fourth quarter.
Randgold Resources sticks to its knitting
Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.
Zoellick’s plan highlights dollar angst
World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.
Keaton ups Vanggatfontein reserves
Keaton Energy has declared a 24% increase in the coal reserve of its Mpumalanga-based Vanggatfontein project.
Indian firm takes over Zim steelmaker
India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.
Zoellick seeks new gold standard debate
UPDATED: Leading economies have to consider readopting a modified global gold standard to guide currency movements, says World Bank president Robert Zoellick.