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Rio Tinto a likely future partner at Husab

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Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.

China Guangdong says Extract worth $2.2bn

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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.

Anglo names new boss for Brazil iron ore

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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

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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.

SA net reserves fall

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South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.

Congo elections results in 48 hours delay

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The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.

No slow down on mining projects yet says MDM

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Worries about the global sovereign debt crisis may have hit commodity prices but they have not yet impacted on projects being undertaken by mining groups.

Minmetals extends Anvil offer

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Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.

Xstrata sticks by Lonmin investment

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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.