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.
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.
Bisichi impasse benefits Wescoal
Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.
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.
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.
Gold One takeover deal in home stretch
Gold One International shareholders who choose to accept a takeover offer from a Chinese consortium will bag their returns before Christmas.
Glencore ‘leads bid’ for Exxaro’s Rosh Pinah
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.
ANC to redraft nationalisation report
The African National Congress has returned a report with policy recommendations on the issue of mine nationalisation for redrafting, says a senior party official.
Anglo’s growth assets near production
Diversified miner Anglo American’s production profile will change dramatically over the next two years as its four largest expansion projects are commissioned.