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Canada blocks BHP bid, stuns investors

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Canada has blocked BHP Billiton's $39bn bid for Potash Corp, saying the deal would not benefit the nation.

What next for BHP after failed bid?

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Q&A: What will BHP Billiton, sitting on an estimated $11bn warchest, do to chase growth after Canada blocked its $39bn bid for Potash Corp?

Gold unfazed over elections

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The outcome of US mid-term elections will not have any direct impact on gold, but it may be positive for the dollar on hopes for more fiscal austerity.

Canada to impose tough terms on BHP

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Canada is set to approve BHP Billiton's $39bn bid for Potash Corp, a newspaper reports, but it may impose onerous conditions which could threaten the world's biggest deal this year.

Chamber of Mines elects new office bearers

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The Chamber of Mines has elected BHP Billiton SA chairperson Xolani Mkhwanazi as its new president.

Nationalisation ‘will cost taxpayers’

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Nationalised mines would have burdened South African taxpayers with R67bn in 2009, says outgoing Chamber of Mines president and Exxaro Resources CEO Sipho Nkosi.

Prospecting audit shows major breaches

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UPDATED: The department of mineral resources says preliminary findings of an audit into prospecting licences are "not encouraging'.

Exxaro shuts down furnace

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Diversified miner Exxaro will lose 9 000 tonnes per month in slag production after shutting down a furnace at its Kwazulu Natal mineral sands unit following an incident.

Transnet acting CEO resigns

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Chris Wells, who has acted as Transnet group CEO since March 2009, will leave at the end of March 2011, according to the Transnet board.

South Korea seeks $1bn DRC mining deal

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A consortium of South Korean companies will seek a minerals-for-infrastructure deal in Democratic Republic of Congo that could be worth $1bn, officials say.