China Guangdong says Extract worth $2.2bn
China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.
Support grows for Durban climate deal
Support has grown for an EU plan to agree a global climate change pact with binding targets by 2015, after poor nations forged alliances with developed countries.
Anglo names new boss for Brazil iron ore
Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.
BHP Billiton may do an Anglo American
Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the miner will sell less profitable assets to exploit its crown jewels.
Xstrata sticks by Lonmin investment
Xstrata said it was unsure how to capture the value in its 25% stake in Lonmin but said it continued to see value in the position.
Minmetals extends Anvil offer
Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.
Firestone, Sekoko funding in-tact
Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.
SA net reserves fall
South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.
Glencore pays R900m for Umcebo Mining
Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.
Congo elections results in 48 hours delay
The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.