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SA not geared for resources run, says Sanlam

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Mining will add more than an additional R50bn to SA’s GDP by 2015 if infrastructure bottlenecks are cleared and market share is maintained, says an investment house.

Coal to boost mining share of Mozambique GDP

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Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.

Court to rule on BHP/Eskom power rates case

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BHP Billiton will know on Friday whether the confidential rates it pays for electricity supply from Eskom for two of its aluminium smelters are to become public knowledge.

Randgold takes the measure of Kibali

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Further drilling work is bearing out Randgold Resources CEO Mark Bristow's optimism on the upside potential of the Kibali gold deposit in the Democratic Republic of Congo.

Tongon delivers for Randgold Resources

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West African gold producer Randgold Resources is staying on track to hit its 2011 production forecasts, as new flagship mine Tongon continues to ramp-up successfully.

AngloGold Ashanti reports record earnings

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AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.

Impala in fresh wage talks

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The National Union of Mineworkers plans talks with negotiators at Impala Platinum to head off a strike over wages that may impact global prices of the precious metal.

Gold miners return to hedging

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For just the second time in five years, global gold miners have returned to net hedging.

First Uranium to meet key test, despite outage

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First Uranium says the week-long outage of operations at Mine Waste Solutions will not affect the outcome of the Gold Wheaton completion test.

Emerging world buys gold as West wobbles

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Central banks of emerging market countries have added more than $10bn of gold to their reserves this year, in a sign of waning faith in the West's benchmark bonds and currencies.