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Gold hits record as Vietnam mulls imports

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Spot gold has hit an all-time peak on a weak dollar and after Vietnam said it may allow gold imports if prices keep rising.

Kazakh firm hopes to jump-start Zim mine

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Kazakh mining group ENRC is keen to add platinum to its production portfolio, working to overcome hurdles for its Zimbabwe project.

SA firm plans $300m pig iron project

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South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.

Sasol Mining concludes BEE deal

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Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.

Vanadium’s turbocharged future

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The battery has beaten the fuel cell in the race to power electric vehicles, which means an increase in demand for vanadium, lithium and rare earth metals.

AngloGold draws line under hedge book

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AngloGold Ashanti has completed the elimination of its gold hedge book, reflecting the company's confidence in the likely direction of the gold price.

Harmony warns over output drop

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Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.

Village acquires gold and antimony mine

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Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.

Gold One granted $65m loan facility

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Gold One International has received credit approval from two leading international banks - Absa Capital and BNP Paribas - for a $65m loan facility.

De Beers ups output as demand picks up

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Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.