No slow down on mining projects yet says MDM
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
Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.
Xstrata sticks by Lonmin investment
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.
Firestone, Sekoko funding in-tact
Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.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
Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.
Great Basin gains as $150m loan sealed
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.
Platmin to return consolidated: Gilbertson
Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.
SA coal exports fall in November
Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm
Xstrata eyes benefits from copper supply woes
Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.
Target state mining firms, says Brian Menell
Mining executives should focus less on social responsibility programmes and more on engagement with state mining companies to deal with resource nationalism, says Brian Menell.