South African gold producers make new wage offer to unions

In the 1980s unrest in the Middle East and a surge in oil prices, were the triggers which drove gold to record highs. The current Middle East/North Africa (MENA) unrest could see history repeat itself. It is possible to draw parallels between today's

SA President Jacob Zuma and Mines Minister  Susan Shabangu are expected to preside over the official launch of the African Exploration Mining […]

The group announced better-than-expected results for the year on the back of higher prices and said it remains positive about the outlook for commodities markets. Anglo American (AAL.L: Quote) (AGLJ.J:Quote), the world's fourth-largest diversified miner,

Ivanhoe Mines has made major “Tier 1” copper discoveries in the Democratic Republic of Congo and South Africa, chief executive Robert Friedland […]

Japan is keen to invest “billions of dollars” in minerals and infrastructure in Africa, trying to catch up to regional rival China […]

Gold production was down four percent but operating profit increased 33% at Harmony. The company announced second quarter results on Monday for the period ending Dec. 31, 2010.

Randgold's full-year profit $120.6M, compared with $84.3M last year. Company proposes to increase dividend by 18% to 20 cents per share; predicts attributable production of 750,000-790,000 ozs for 2011.

B.C.-based gold company Great Basin Gold is cashing up to the tune of $75 million.

Mining Weekly reports: TSX- and JSE-listed BRC DiamondCore has formed a joint venture (JV) with diversified mining group Rio Tinto to resume […]