Teranga completes initial resource on Golden Hill

Two more stones weighing 124 and 71 carats were also extracted.

International mining executives believe the industry is in the midst of a transition from a blue collar to a white collar workforce.

The world’s third-largest producer of the precious metal will see its first-quarter production reduced by about 20,000 ounces.

AngloGold Ashanti CEO Mark Cutifani calls 2013 "a starting point for a new future for the mining industry" in South Africa.

For those with a very long time horizon, the news is good though.

Miners' assocation says the sector could surpass four tonnes this year.

The news surprised analysts, who had predicted a decline of 4.2%

Investors alarmed as they witness what seems to be a repeat of protests which shook Africa's biggest economy last year.

The symmetrical flawless gem weighs 101.73 carats and is likely to set a new world sales record.