Sierra Leone to post mining revenues online
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.
The return of Bernard Swanepoel
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.
BHP Billiton wants out of diamonds
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
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
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.
RBCT responds as Transnet ups pace
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.
Revised MPRDA at least a year away
Proposed amendments to the Mineral and Petroleum Resources Development Act will not come into law before end-2012, says Mines Minister Susan Shabangu.
Rio Tinto sees customers turning cautious
Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.
Randgold Resources lower 2011 guidance
Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.
BHP Billiton CFO Vanselow steps down
BHP Billiton has announced the retirement of its popular chief financial officer Alex Vanselow and expanded its top management committee.