AngloGold Ashanti , the world No. 3 gold miner, reported record-breaking quarterly earnings on Wednesday, beating forecasts as bullion's bull run filled its coffers.
The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
South African assets fell on Wednesday when investors were spooked by a ratings outlook downgrade of the domestic economy, which added to market fears over the euro zone debt crisis.
South Africa's ruling ANC will announce on Thursday the verdict of a disciplinary hearing that could derail the political career of its outspoken youth leader Julius Malema.
The chief executive of AngloGold Ashanti said the world's No. 3 gold producer could employ deep-mining technology under development in South Africa in other countries, with future ore discoveries expected to be far below the surface.
Junior South African miner Village Main Reef has expressed interest in buying DRDGold's interest in its troubled Blyvoor mine for 150 million rand, the two companies said on Tuesday.
Africa's biggest hospital group by value, Mediclinic International, reported 10.7 percent rise in first-half profit as strong demand and favourable currency swings helped offset the dilutive effect of a rights offer.
Nairobi Securities Exchange has launched two stock indexes in conjunction with FTSE Group, and said on Tuesday it planned to start one for Treasury bonds next year.
Junior South African miner Village Main Reef has expressed interest in buying DRDGold's interest in its troubled Blyvoor mine for 150 million rand ($18.8 million), the two companies said on Tuesday.
The roughly dozen activists are protesting the construction of one of the largest coal-powered power plant in that country.
t the closing of the deal, Anglo-American will have an 85 percent in stake in De Beers, the largest diamond distributor in the world.
Here is a list of the 10 biggest gold mines in the world, starting with the biggest.
Johnson & Johnson, the U.S. healthcare giant, Thursday denied reports that its baby shampoo products contained cancer-causing chemicals.
Europa, a suspense drama about astronauts from different countries who head to the frigid glacial moon of Jupiter, has found a warm reception at this year's American Film Market, selling in 12 territories so far.
Pro surfer Kelly Slater was crowned Association of Surfing Professionals champion for the 11th time on Wednesday -- a new world title record -- at the 2011 Rip Curl Pro Search in San Francisco, Calif.
South African stocks ended a see-saw session flat on Thursday as an upbeat mood in Europe was offset by a sharply stronger currency at home.
South Africa on Thursday said it signed an agreement with 12 other countries to combat cross-border tax evasion.
Abuse of Zambian workers is widespread in mines owned by Chinese companies, according to a new report from Human Rights Watch.
Cannes is the incongruously glamorous backdrop for a meeting designed to desperately find a solution to Europe’s greatest crisis in more than 70 years.
The Top 10 Beauty with a Purpose finalists are: Ecuador, Ghana, India, Indonesia, Kenya, Philippines, Scotland, South Africa, Spain and Zimbabwe.
The 61st edition of the Miss World beauty pageant, Miss World 2011, is all set to take place at the Earls Court Two on Nov.6, 2011, in London.
Cannes, the beach resort in the south of France, is the ideal locale for the G-20 economic summit.
