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Forbes Coal posts revenue increase

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Forbes & Manhattan Coal, which has listings in Toronto and Johannesburg, has reported a 245% increase in revenue year-on-year for the quarter to end-November 2011.

Niger to pursue nuclear despite Fukushima

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Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima, says the country's president.

Xstrata Coal sells Spitzkop, Tselentis

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Xstrata Coal has the sale of its Spitzkop and Tselentis collieries and supporting coal assets in Mpumalanga to the Imbawula Group.

Anglo ordered to release Mitsubishi contract

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Anglo American is on the back foot in its dispute with Codelco as a Chilean court orders it to release the sale contract signed with Mitsubishi over a stake in Anglo American Sur.

Rio Tinto’s iron ore output flattens out

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Rio Tinto has reported near-flat production growth of iron ore for the fourth quarter, weaker than some market expectations amid concerns that Chinese demand is softening.

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.

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.

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.

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.

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.