Rio Tinto earmarks $3.4bn for iron ore boost
Rio Tinto has announced a $3.4bn expansion of iron ore mining in Australia, where it has mapped out a plan to lift capacity by more than 50%.
ANC paper slams carbon tax draft
The ANC discussion document on the state’s involvement in mining has slated
Treasury’s carbon tax proposals, saying such measures would be "extremely
damaging' to SA's economy.
BHP tempers outlook, sees growth slowing
BHP Billiton has reported its first half-year profit fall in two years, hurt by lower commodity prices and higher costs, and says it expects longer-term demand from China to slow.
Amsa reports FY loss, but sees better Q1
ArcelorMittal has reported a full-year headline loss, hit by higher raw material costs and weaker sales, but says it expects a better first quarter.
Xstrata’s Davis defends ‘cheap’ Glencore deal
The terms of Xstrata’s proposed merger with Glencore are the best within the "realm
of the possible", says CEO Mick Davis.
Glencore, Xstrata agree $90bn merger
Glencore and Xstrata have agreed an all-share merger worth $90bn in the industry's largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.
Gold not a reliable inflation hedge – study
Gold prices have been too volatile to play a reliable role as a hedge against inflation, shows a study of financial assets over the past 112 years.
BHP Billiton mum on Gabon iron ore
BHP Billiton has declined to comment on a statement from the government of Gabon
that it had reached an agreement for the miner to develop a 1 billion tonne iron ore
resource in that country.
CoAL sells 26pc of Chapudi project
Coal of Africa has sold a stake in its Chapudi thermal and coking coal project it is
buying from Rio Tinto to a black-owned company, Rothe Investment.
Randgold doubles dividend as profit soars
Randgold Resources reported a 259% increase in full-year profit prompting it to
double its dividend.