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Murray & Roberts to sell off steel unit

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Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.

Merafe sees strong growth in stainless steel

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Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

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.

Gold, silver extend record rally

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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.

Randgold Resources output disappoints

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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

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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.

Keaton ups Vanggatfontein reserves

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Keaton Energy has declared a 24% increase in the coal reserve of its Mpumalanga-based Vanggatfontein project.

Impala resumes Rustenburg activities

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Impala Platinum has resumed operations at its shaft number 11 in Rustenburg, which were suspended after a miner died.

Zoellick seeks new gold standard debate

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UPDATED: Leading economies have to consider readopting a modified global gold standard to guide currency movements, says World Bank president Robert Zoellick.

RBPlat shares soar on listing

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ROYAL Bafokeng Platinum has risen 7.4% in its stock market debut after raising R2.98bn in SA's second-largest initial public offering of 2010.