Gold may reach $1,400/oz: Investec
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.
NUM, De Beers poised to sign wage deal
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 still thumped by market collapse
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.
Rio Tinto joins in tax discontentedness
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.
AngloGold suspends Orkney services
UPDATED - Aurora's gold ambitions receive a body blow as AngloGold Ashanti terminates services to the Orkney mine because of unpaid debt.
Rio Tinto launches $300m Murowa expansion
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.
Angola breakthrough for Trans Hex
Diamond producer Trans Hex will only have to provide its share of the capital expenditure needed to build the new Luana mine in Angola according to CEO Llewellyn Delport.
Rockwell Diamonds narrows FY headline loss
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.
Village Main Reef aims to raise up to R200m
Village Main Reef Gold Mining says it intends to raise between R150m and R200m to fund future acquisition opportunities.
NUM and De Beers hope to avert strike
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.