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Iron ore prices lift Kumba earnings

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Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.

Authorities halts Petmin’s SamQuarz sale

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Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.

Uranium One plays Mantra option

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Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.

Friedland to storm back with IvanPlats

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Speculation has it that billionaire mining entrepreneur, Robert Friedland, will shake off the disappointment of losing a legal fight with Rio Tinto by listing IvanPlats, the African platinum and base metals play.

Angola to boost diamond output in 2012

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Angola's state-owned diamond firm Endiama expects to increase production this year after posting revenue growth in 2011, reports state news agency Angop.

Godongwana stays as state intervention ‘chief’

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Enoch Godongwana, who is serving his last day in Cabinet, will remain in his position as head of the ANC’s committee that will handle the report on state intervention in mining.

Codelco, Anglo both claim edge in Sur battle

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Codelco and Anglo American both claimed to have landed clean blows on each other in their increasingly bitter legal battle for a stake in Anglo American Sur.

Funds target pockets of tight supply in 2012

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Tight supply in grains and industrial metals such as copper along with further support for gold offer opportunities in what top commodities managers see as another challenging year in 2012

Amsa plant resumes production

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ArcelorMittal SA, a unit of the world’s biggest steelmaker, has resumed full production at its Newcastle plant that was hit by a furnace failure last year, says the company.

Three more Miranda board members resign

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Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.