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Ivory Coast, Loulo hit Randgold output

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Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.

Chile to sell utilities stakes, help Codelco

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Chile will sell its stakes in four water utilities, valued at $1.6bn, and may use the proceeds to help finance investments in state mining giant Codelco, says a government official.

Rio Tinto goes for Riversdale

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Rio Tinto is bidding for Riversdale Mining and has already secured options over 14.9% of the firm, but it could face stiff opposition from India's Tata Steel.

Shaft Sinkers lists in London

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SA-based Shaft Sinkers Holdings, which builds infrastructure for underground mines, has listed in London so it can expand in India and the region surrounding Russia.

Still time to buy SA gold shares

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South African gold shares are a buy despite the strong rand and continued steep increases in mines’ working costs.

Coal and diamonds should do well in 2011

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It's looking good for export thermal coal and rough diamonds in the new year, according to RBC Capital Markets, but the firm is more cautious on the prospects for nickel.

Copper soars to record on ETF buys

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Copper prices have charged to an all-time high as shipment delays and robust prospects further fuelled demand from investors, who have started buying into a new exchange fund.

Some Aurora workers remain unpaid

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A total of R800,000 has been paid towards the salaries of some Aurora Grootvlei miners from Springs, says the department of labour.

Strike, stoppages cane Northam earnings

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Northam Platinum says safety related stoppages and a prolonged strike at the beginning of its financial year will hit the group's interim earnings by between 58% and 74%.

Indian consortium mulls Riversdale bid

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An Indian consortium of state-run companies is considering a bid for a stake in Riversdale Mining as the country steps up its search for African coal assets.