Gold wallows near 3-month low
Gold is wallowing near a three-month low, remaining under pressure due to a firm dollar, while investors frets over an important Italian bond auction later in the day.
Metorex, Jinchuan deal clear all hurdles
Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China's Jinchuan Group.
Anglo American, Codelco face off in court
Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.
China 2012 rare earth quotas unchanged
China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.
China bans creation of new gold exchanges
China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.
Zambia sees new metal export rules in Q1
Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.
Zimbabwe moves to ban raw platinum exports
Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.
Nkwe Platinum still stuck in the mud
A year after Nkwe Platinum dismissed any threat to its development plans from ARM, the company is unable to reach an agreement over the disputed prospecting rights.
Rio Tinto extends Hathor offer
Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.
CoAL sells NiMag in management buyout
Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.