First weekly gold decline in three months
Gold has recorded its first weekly decline in nearly three months, with investors keeping an eye on any statements from the G20 meeting.
Ipsa scraps coal contract over IPP delays
Independent power plant developer Ipsa has scrapped a coal agreement due to delays in the implementation of independent power producer policies.
Mine water report kept under wraps
A government-appointed team of experts has completed a report on acid mine drainage, but the document will not be made public yet, officials say.
Lower earnings for SA gold mines
September quarter results from the main South African gold producers will be down on levels reported for the June quarter, because of cost increases and the impact of the strong rand.
Harmony gets nod for Wafi-Golpu
Harmony Gold has obtained approval to start developing its Wafi-Golpu gold project in Papua New Guinea.
Three miners die in separate incidents
Three mine workers have died in separate accidents in the past two days, says the National Union of Mineworkers.
Don’t trust gold shares
For many years - perhaps forever and currently too - investors have believed the prices of gold shares will outperform the gold price itself, even if the latter increases.
Govt yet to decide if CoAL can restart Vele
CoAL of Africa says no decision has yet been made by the South African government concerning the restarting of its flagship Vele Colliery in the Limpopo Province.
Cele: Police take part in illegal mining
Police members are involved in organised crime syndicates which orchestrate illegal mining, says national police commissioner General Bheki Cele.
Sandi Majali arrested
The South African Police Service have confirmed the arrest of controversial businessman Sandi Majali for the alleged hijacking of Kalahari Resources.