The Johannesburg-based company earned $336 million or 47 cents a share in the fourth quarter, up 27 percent from the prior quarter. The company earned $973 million in 2011, compared with $153 million in 2010.
AngloGold Ashanti, the world's third-largest gold producer, became the latest South African miner to report a surge in output-disrupting safety stops on Wednesday as it unveiled a sharp fall in fourth-quarter earnings.
Gold dropped on Tuesday as the dollar rallied versus the euro onrenewed fears of credit downgrades in major European economies and uncertainty over Greece's bailout.
Love story The Vow won the hearts of moviegoers with $51.4 million in global ticket sales over a pre-Valentine's Day weekend that featured stronger-than-expected performances from three new releases.
The Colombia singer tweeted that she was attacked by a Blackberry-seeking sea lion in Cape Town, South Africa.
DRDGold, South Africa's fourth-largest gold producer, said on Tuesday that second-quarter earnings climbed 65 percent as it continued to cash in on the higher gold price.
Gold prices climbed on Monday as news that Greece's parliament had approved an austerity bill needed to release a second round of bailout funds lifted the euro, while platinum rose back towards a three-month high as supply issues flared up.
Despite overall growth in the country's economy, poverty in Nigeria is on the rise.
Canada's Barrick Gold, the world's largest gold producer, plans to sell its 20 percent stake in Russia's Highland Gold, pulling out of one of the world's most promising - but also toughest - gold frontiers.
Saturday also marked the 22nd anniversary of Mandela’s release from Robben Island prison.
President Jacob Zuma squashed more than two years of talk on Friday about the nationalisation of South Africa's massive mining sector, saying state control or ownership of the mines in the world's biggest platinum producer could not work.
There's a whole lot of box-office promise in The Vow -- a romantic drama starring Channing Tatum and Rachel McAdams on track to gross more than $30 million in North America this weekend.
The next supercontinent, Amasia, may still be a few hundred million years away, but there have been three others in the past that can give an approximation of what it might look like.
Labour demands in the south, power problems in the east and new tax burdens in the west: wherever you look in Africa, miners face a perfect storm of soaring costs.
Gold prices rose 1 percent on Thursday as the euro rallied to a fresh two-month high against the dollar after Greece clinched a deal with European Union and IMF leaders needed to avoid a messy default.
Ivanplats, controlled by Ivanhoe Mines founder Robert Friedland, expects to produce platinum at negative cost at its giant Platreef complex in South Africa, potentially shaking up an industry squeezed by stoppages, rising wages and power charges.
Rise of the Planet of the Apes, War Horse and the documentary Buck were among the films nominated for the 26th Genesis Awards by the Humane Society of the United States, the HSUS announced on Tuesday.
South Africa's mines minister said on Tuesday that industry chief executives should be held liable for avoidable fatalities, also raising the possibility of court action.
There is one single factor that unites all Malayalis (commonly referred to as Mallus) on Earth. It is the kappa factor or our love for tapioca.
A political impasse over a new bailout for Greece dominated the tone of trading in risky assets Monday, as U.S. investors - whose attention had been on U.S. economic developments the week prior - once again focused on the Continent.
The total amount raised was more than four times the cash the government was seeking.
Harmony Gold, South Africa's third-largest bullion miner, cut its full-year production target by 13 percent on Monday, as safety stoppages threatened to crimp a surge in profit from record gold prices.
