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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.

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.

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.

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.

Glencore pays R900m for Umcebo Mining

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Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.

Minmetals extends Anvil offer

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

Great Basin gains as $150m loan sealed

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Ferdi Dippenaar, CEO of Great Basin Gold, says fears over the mining method at its South African mine exacerbated worries it would not secure bank debt.