Zoellick: no gold standard, but role key
World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.
Gold One upbeat on Modder East drilling
Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.
Genesis accepts Xstrata’s Sphere offer
Global miner Xstrata are closer to succeeding in its takeover of iron ore prospector Sphere Minerals after Genesis Investment Management agreed to accept the offer.
Village on fundraising path
Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.
AngloGold net C$70m from B2Gold share sales
AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.
Zimbabwe charges diamond firm ACR with fraud
Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.
Zoellick’s plan highlights dollar angst
World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.
Murray & Roberts to sell off steel unit
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
Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.
Indian firm takes over Zim steelmaker
India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.