South Africa’s new mining charter to credit past black deals

As members pay per ounce of metal produced, both companies said they had to look at the cost-benefits of staying in the organization.

The United States’ duplicative permitting process is a deterrent to investors.

South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.

The firm is offloading some of its historic South African platinum mines as part of a $4bn sale of under-performing assets.

Smart money playing catchup after three weeks of gold price gains add record number of net long positions for the week to 12.1 million ounces.

New report says risks to supply remain substantial.

The three-year agreement ends the country's longest and costliest strike.

The union leading the five-month strike in the platinum sector take any industrial action affecting gold producers.

Palladium falls 2% while platinum retreats to pre-strike levels.