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Premier mining and commodity investment news

Gold heads for best week since August as rally gathers pace

The precious metal powers toward its best year since 2010.

Palladium tumbles most in four months

Metal pierces $1 900/Oz.

Security worker killed in attempted robbery at Harmony Gold plant

High gold prices are making processing plants a target for criminals.

AngloGold aims to produce 350 000–400 000 oz of gold a year from Ghana mine

The initial capital expenditure for the mine remains in the range of $495 million to $545 million.

Zambia suspends 15% export duty on gemstones – minister

The government move does not lift duty on diamonds.

Zimbabwe faces mining-asset seizure over canceled joint ventures

Amari Holdings wins the right to seize assets worth $65.9 million.

Mantashe vows to keep burning coal for power

'As much as we intend to utilise the sun and wind resources we have, we intend to continue to use our fossil fuel resources, and to increase investment in ... clean coal technologies.'

Palladium takes out $2 000 as BMO says this time looks different

Palladium smashes through to record price.

Coal endures as world’s favourite fuel for electricity generation

Developing nations' reliance on the fuel set to increase.

Northam agrees Booysendal platinum mine wage deal

Agreement is said to be in line with industry settlements.

Palladium is now more expensive than gold has ever been

Supply concerns following temporary mine closures are driving the increase in price.

SA’s mining output down, PPI slows in October

South Africa‘s total mining output fell 2.9% year-on-year in October after contracting by a revised 0.6% in September, Statistics South Africa said on Thursday. The statistics office also said South Africa‘s producer price inflation (PPI) slowed to a 2.3% year-on-year increase in November from 3% in October. On a month-on-month basis, PPI fell 0.3% after

Miners survive on charity while battle for Koornfontein mine drags on

Losing bidder Lurco Group feels cheated by irrational conditions imposed on it.

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