South Africa's National Union of Mineworkers said Wednesday it overwhelmingly accepted a wage offer from Anglo Platinum that boosts pay rates by as much as 10 percent.
Mike Obel
Aug 31, 2011
Before the revolt started, there were an estimated 2.5-million migrant workers in Libya, perhaps the majority from black Africa. Many remain trapped in the country with no way to get home.
Palash Ghosh
Aug 31, 2011
Global Trust of Nigeria could be using Uganda as a testing ground for its Shariah Law-compliant products and services.
IBT Staff Reporter
Aug 31, 2011
Zimbabwe's foreign minister said his country will not recognize the Libyan group’s rebel National Transitional Council (NTC) as the legitimate ruling entity.
Palash Ghosh
Aug 31, 2011
Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.
Wenwen Meng
Aug 30, 2011
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.
IBT Staff Reporter
Aug 30, 2011
Here's a bold prediction to feed Western worries that power is shifting inexorably to the East: China's yuan could overtake the U.S. dollar as the world's principal reserve currency as soon as next decade.
IBT Staff Reporter
Aug 30, 2011
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.
Mike Obel
Aug 29, 2011
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.
Mike Obel
Aug 29, 2011
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.
Mike Obel
Aug 29, 2011
China's fast-growing consumerism and lax policing of ivory laws are the latest threats to wild elephant populations, said an author of a recent report on endangered species.
Wenwen Meng
Aug 29, 2011
A U.S. and European push to impose U.N. Security Council sanctions on Syria for its bloody crackdown on pro-democracy demonstrators is meeting fierce resistance from Russia and China, U.N. diplomats said.
Wenwen Meng
Aug 29, 2011
A photograph uploaded on Facebook of a white South African man posing like a hunter near an apparently lifeless body of a black child has created a furore as South African police try track him down.
Amrutha Gayathri
Aug 28, 2011
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.
Mike Obel
Aug 28, 2011
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.
Jack Kim
Aug 26, 2011
South Africa's rand advanced to a one-week high against the dollar, breaking through resistance at 7.15, supported by a rise in U.S. stocks.
Jack Kim
Aug 26, 2011
Libyan rebels said they were sending in special forces units in their hunt for fugitive strongman Muammar Gaddafi, whose supporters are now pinned down in pockets of resistance in the capital, Tripoli.
keep for now
Aug 26, 2011
Libyan rebels said Friday morning they were sending in special forces to hunt for Moammar Gadhafi, whose supporters are now pinned down in pockets of resistance inTripoli.
Eric Linton
Aug 26, 2011
Libya's rebel council announced Friday morning it has moved from Benghazi to Tripoli even as the hunt for Moammar Gadhafi continues and his loyalists fight on in the capital and elsewhere.
Eric Linton
Aug 26, 2011
Fugitive strongman Muammar Gaddafi taunted his Libyan enemies and their Western backers from his hiding place as NATO targeted his hometown and rebels announced a move to govern the country from Tripoli.
IBT Staff Reporter
Aug 25, 2011
Gold Fields Ltd., a major gold mining company, warned Thursday that there were several Web sites that use Gold Fields branding and purport to be investment vehicles on behalf of the company.
Mike Obel
Aug 25, 2011
Gadhafi is not welcome in most nations, nor in most parts of Libya, but the leader and King of Kings still has powerful friends that may be willing to accommodate Gadhafi for the rest of his life.
Daniel Tovrov
Aug 24, 2011