Rio Tinto says could export Guinea iron ore ‘early’
Rio Tinto may use trucks to export iron ore from its Simandou project in Guinea before a 2015 target, says CEO Tom Albanese.
China Guangdong says Extract worth $2.2bn
China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.
Anglo names new boss for Brazil iron ore
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.
BHP Billiton may do an Anglo American
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.
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.
SA net reserves fall
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
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
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
Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.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.