SOUTH AFRICA

Watson Clings to Lead at Deutsche Bank Event

Scwartzel, Watson and Scott share lead at Deutsche...
Bubba Watson regained his composure after dropping three shots on the back nine holes to grab a one stroke lead after the third round of the Deutsche Bank Championship on Sunday.
Gold medallist Usain Bolt of Jamaica poses during the award ceremony for the men's 200 metres final at the IAAF World Athletics Championships in Daegu

Championships Close with Rule Debate Raging

There were tears and glory, a solitary world record and athletics firsts. There was even a Daegu curse. But for most, the story of the 13th world athletics championships will be disqualifications.
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Sheets of palladium

3 Reasons to Invest in Palladium

The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
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Endeavour Mining Buy of Adamus Resources Done by November

Australia's Adamus Resources said on Thursday it expects a friendly takeover by Canada's Endeavour Mining Corp to be completed in early November, creating a West Africa-focused company producing a quarter million ounces of gold annually by 2013.
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Gold One Aims to Double Gold Production

Australia-based gold mining company Gold One International Ltd., which operates in South Africa, said Wednesday it expects to meet its goal of doubling its gold production this fiscal year.
Libyans demonstrate against Gadhafi at the Libyan  Embassy in Harare, Zimbabwe.

Zimbabwe Expels Libyan Ambassador

Zimbabwe's foreign minister said his country will not recognize the Libyan group’s rebel National Transitional Council (NTC) as the legitimate ruling entity.
Aussie Retail Sector Gets Boost from Global Players

S.Africa growth slows, boosts case for rate cut

South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.
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Gold Prices, Treasuries Down as Stocks Climb

Gold prices dropped sharply in holiday-thinned trade on Monday, falling as much as 2.7 percent after Wall Street stocks opened higher, deflecting interest from the safe-haven metal.
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DRDGold Posts Big Earnings Increase

DRDGold , South Africa's fourth largest gold producer, said on Monday its headline earnings more than doubled as it lifted output during a period when the gold price steadily advanced.
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Early Asian Price Decline Eases

Gold prices eased a touch in holiday-thinned trade on Monday as investors took bets on higher prices off the table, disappointed by a lack of clear guidance from the Federal Reserve on Friday on the options for U.S. economic stimulus.
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Australian Gold Production Up 10 Percent

A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
Susan Shabangu

S.Africa: Mines Minister to Assess Industry Progress

South Africa's mines minister Susan Shabangu will in a few weeks time give her assessment of how much progress the industry has made in reaching the targets of a charter aimed at giving previously excluded blacks a higher share of ownership, her spokesperson said on Friday.

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