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Iron ore prices lift Kumba earnings

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Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.

Uranium One plays Mantra option

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Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.

Angola to boost diamond output in 2012

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Angola's state-owned diamond firm Endiama expects to increase production this year after posting revenue growth in 2011, reports state news agency Angop.

Authorities halts Petmin’s SamQuarz sale

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Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.

Godongwana stays as state intervention ‘chief’

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Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.

Funds target pockets of tight supply in 2012

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Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012

Codelco, Anglo both claim edge in Sur battle

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Codelco and Anglo American both claimed to have landed clean blows on each other in their increasingly bitter legal battle for a stake in Anglo American Sur.

Friedland to storm back with IvanPlats

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Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.

BHP suspends work at Khutala after fatality

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BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.

Zungu committed to Rockwell, deal imminent

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Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.