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Namibia clears Extract to build Husab

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Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.

BHP Billiton wants out of diamonds

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BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.

Collahuasi says plants working amid stoppage

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Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

Kumba workers reap big payout

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Kumba Iron Ore says that over 6,200 of its employees will reap a R576,045 payout in December as part of an "empowerment" plan aimed at non-managers.

The return of Bernard Swanepoel

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Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.

RBCT responds as Transnet ups pace

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Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.

Sierra Leone to post mining revenues online

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Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.

Rio Tinto sees customers turning cautious

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Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.

Glencore ‘leads bid’ for Exxaro’s Rosh Pinah

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Glencore International is emerging as the preferred bidder for the 50.04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, reports Bloomberg.

BHP Billiton CFO Vanselow steps down

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BHP Billiton has announced the retirement of its popular chief financial officer Alex Vanselow and expanded its top management committee.