Rio Tinto in overdrive on commodities surge
Rio Tinto has maintained its 2010 production guidance for iron ore, and says it is driving all its divisions near or above capacity to cash in on strong mineral prices.
Rio expects demand for African copper to rise
Africa has the potential to play a significant part in satisfying what is expected to be strong medium-term growth in global copper demand, Rio Tinto said.
Forsaken mines to receive R40bn repair
Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.
Gold price to consolidate, for now
Gold prices have edged lower, pressured by a rebound in the dollar, and may enter a phase of consolidation after a record-breaking rally.
New opposition rises against BHP’s Potash bid
Rival bidders may be looking to derail BHP Billiton's $39bn bid for Canada's Potash Corp, with China's Sinochem and a Canadian pension fund working on plans, according to newspaper reports.
ICT founder linked to more disputed deals
Phemelo Sehunelo, the advocate whose ICT turned Jacob Zuma's son into a multimillionaire, is at the centre of another two controversial mining deals, reports City Press.
Small miners take aim at Shabangu
A document criticising the amended mining charter is calling for Mineral Resources Minister Susan Shabangu to relinquish her position of leading transformation in the sector.
JP Morgan calls metals higher
It's looking good for commodities according to JP Morgan as investment demand, economic stimulus packages and renewed inflation are expected to drive up prices across the board next year.
SA firm plans $300m pig iron project
South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.
Platinum may jump 60%, predict analysts
Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.