Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.
Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
Zambia opposition ahead in presidential vote
Zambia's opposition leader Michael Sata has held on to his lead over incumbent Rupiah Banda, in the race to become the next president of Africa's biggest copper producer.
Gem Diamonds unveils Letseng Star
Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.
Petmin increases pig iron project investment
PETMIN has announced details of a $25m investment in its Canadian iron sands and pig iron joint venture project.
Pallinghurst minds the gap as it targets LSE
The gap between Pallinghurst's share price and its net asset value has widened to around 50%, prompting chairman Brian Gilbertson to look at a listing in London to stimulate demand for the stock.
Shares to ignore silicosis threat, for now
As a new silicosis-related legal battle against Anglo American is set to start, analysts say it’s too early to determine whether there will be any future liabilities for mining firms.
Gold Fields’ Philippine mine to cost up to $2bn
Gold Fields may invest up to $2bn to develop a gold and copper prospect in the Philippines, says a government official, although the company maintains it is far too early for such estimates.
All that glitters is not just gold, say CEOs
Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.
Rio Tinto ‘well-placed to weather market storms’
Rio Tinto says it is well-placed to weather turbulence in financial markets and continues to expect long-term demand growth.