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Indian firm takes over Zim steelmaker

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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.

Court to rule on Potash-BHP suit

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A US court will rule on Potash Corp's request for a preliminary injunction against unsolicited suitor BHP Billiton, ahead of the November 18 deadline on the Anglo-Australian miner's $39bn tender offer.

Gold stocks on fire

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Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.

Zoellick seeks new gold standard debate

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UPDATED: Leading economies have to consider readopting a modified global gold standard to guide currency movements, says World Bank president Robert Zoellick.

Gold edges towards $1,400

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Gold hit another record around $1,394/oz before speculators cashed in, but an unpopular decision by the Federal Reserve could still spur buying.

Diliza: ANCYL puerile and insulting

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The head of the Chamber of Mines, Zoli Diliza, has blasted the "crude" ANC Youth League.

Sirleaf dismisses cabinet

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Liberian President Ellen Johnson-Sirleaf has dismissed her cabinet in a move that will provide her a "fresh slate" for the next phase of her administration, her office says.

Canada blocks BHP bid, stuns investors

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Canada has blocked BHP Billiton's $39bn bid for Potash Corp, saying the deal would not benefit the nation.

What next for BHP after failed bid?

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Q&A: What will BHP Billiton, sitting on an estimated $11bn warchest, do to chase growth after Canada blocked its $39bn bid for Potash Corp?

Gold unfazed over elections

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The outcome of US mid-term elections will not have any direct impact on gold, but it may be positive for the dollar on hopes for more fiscal austerity.