Rio’s Albanese ‘realistic’ about Africa
CEO of the $127bn mining group says it serves to be realistic about where it can invest and that resource nationalism will be a challenge for 'years to come'.
Randgold takes the measure of Kibali
Further drilling work is bearing out Randgold Resources CEO Mark Bristow's optimism on the upside potential of the Kibali gold deposit in the Democratic Republic of Congo.
Rio Tinto misses target, expands buyback
Global miner Rio Tinto has reported a 35% jump in first-half profit, but missed market expectations.
Coal to boost mining share of Mozambique GDP
Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.
Cosatu: nationalisation is a given
Nationalisation is going to happen; it is just the manner in which it will be implemented that needs to be decided, says the Congress of SA Trade Unions.
Tongon delivers for Randgold Resources
West African gold producer Randgold Resources is staying on track to hit its 2011 production forecasts, as new flagship mine Tongon continues to ramp-up successfully.
SA not geared for resources run, says Sanlam
Mining will add more than an additional R50bn to SA’s GDP by 2015 if infrastructure bottlenecks are cleared and market share is maintained, says an investment house.
Court to rule on BHP/Eskom power rates case
BHP Billiton will know on Friday whether the confidential rates it pays for electricity supply from Eskom for two of its aluminium smelters are to become public knowledge.
AngloGold Ashanti reports record earnings
AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.
Gold miners jump on risk aversion
JSE-listed gold mining stocks have surged in early trade as investors take shelter from the deteriorating global economic outlook and Europe's worsening debt crisis.