Tanzanian mining stumbles through 2011
Tanzania's mining sector grew only slowly this year due to uncertainty over government policies and a prolonged energy crisis, says a mining official.
African Barrick posts record net profit in Q3
African Barrick Gold Plc says its profit rose to a record in the third quarter, boosted by higher production and all-time high gold prices.
Kumba’s Q3 output up 2%
Kumba Iron Ore has reported a 2% rise in third-quarter output and says it sees an increase in the volatility of iron ore prices in the short term.
Amplats’s cost conundrum continues
Anglo American Platinum’s battle to keep costs down carries on, with the company again raising its unit cost target for 2011.
Anglo Q3 copper dips, 2011 seen higher
Anglo American has posted a 9% drop in third-quarter copper output, blaming lower grades and blizzards in Chile.
Coal versus nuclear in South Africa
The South African government is planning to build six nuclear power stations by 2030, but the programme is already running behind schedule, which could benefit the coal sector.
Zambia suspends issuance of mining licences
Zambia has suspended the issuance of new mining licences to root out potential corruption and "clean up" the process, says its mines minister.
SA nuclear bid could be worth R1 trillion
Energy Minister Dipuo Peters has confirmed that a tender proposal for the construction of 9,600 MW of nuclear power by 2030 may be worth at least R1 trillion.
Xstrata tells unions to take it or leave it
Xstrata has threatened to pull out of its proposed employee share ownership plan after a labour dispute related to the scheme had culminated in a protected strike.
BHP’s iron ore output climbs, copper falls
BHP Billiton has posted a 24% rise in quarterly iron ore production as it boosted sales to Asian steel mills, but copper output from its Escondida mine in Chile has declined.