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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.

Genesis accepts Xstrata’s Sphere offer

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Global miner Xstrata are closer to succeeding in its takeover of iron ore prospector Sphere Minerals after Genesis Investment Management agreed to accept the offer.

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.

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.

Zoellick’s plan highlights dollar angst

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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.

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.

Indian firm takes over Zim steelmaker

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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.

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.