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Gold may reach $1,400/oz: Investec

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Gold may rise as high as $1 400 an ounce in 2010 as investors buy the metal as both a safe store of value and a haven from risk amid rising fears over sovereign debt, Investec says.

Jubilee advances platinum plant plans

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Jubilee Platinum is moving rapidly to build a commercial plant to treat chrome-rich platinum concentrate, an important development in the South African platinum sector.

Rockwell still thumped by market collapse

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Rockwell Diamonds is still battling the after-effects of the collapse in the diamond market but is looking to expand cautiously after refinancing its balance sheet.

AngloGold suspends Orkney services

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UPDATED - Aurora's gold ambitions receive a body blow as AngloGold Ashanti terminates services to the Orkney mine because of unpaid debt.

Rio Tinto joins in tax discontentedness

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Resources giant Rio Tinto has added its voice to the chorus of miners that have expressed disappointment at the misrepresentation of the level of taxes it pays on its Australian operations.

NUM, De Beers poised to sign wage deal

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Members of the National Union of Mineworkers (NUM) and the world's largest diamond miner De Beers Consolidated Mines have agreed to sign a wage deal, the union says.

Rockwell Diamonds narrows FY headline loss

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Alluvial miner Rockwell Diamonds has reported the narrowing of its full year headline loss per share to C$0.03 for the year to end February 2010 from C$0.05 previously.

NUM and De Beers hope to avert strike

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South Africa's NUM and the world's biggest diamond producer De Beers are likely to sign a wage deal that could prevent a strike at the company's operations.

Village Main Reef aims to raise up to R200m

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Village Main Reef Gold Mining says it intends to raise between R150m and R200m to fund future acquisition opportunities.

Rio Tinto launches $300m Murowa expansion

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Rio Tinto is to press ahead with the $300m expansion of the Murowa diamond mine in Zimbabwe amid signs the investment climate had radically improved in that country.