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Poll, indigenisation weigh on Zimbabwe miners

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Regulatory uncertainty will continue to weigh heavily on investor sentiment in Zimbabwe this year, amid the advancement of indigenisation and looming elections.

Gold may end long bull-run, says GFMS

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Gold may reach a record high above $2,000 an ounce in late 2012 or early 2013, but the precious metal is nearing the end of a decade-long run, says metals consultancy GFMS.

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.

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.

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.

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.

Miranda set to announce resolution

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Miranda Minerals is hoping to draw a line under shareholder in-fighting that almost took the company to bankruptcy.

Watchdog explains ruling on Petmin’s SamQuarz

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Allowing the sale of Petmin’s SamQuarz silica mine to Thaba Chueu will enable the buyer to control the critical input of its downstream competitors, says the Competition Commission.

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.