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Glencore ‘leads bid’ for Exxaro’s Rosh Pinah

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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.

Revised MPRDA at least a year away

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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

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Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.

First repatriated gold lands in Venezuela

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Amid wild celebrations, a first shipment of gold bars has arrived in Venezuela after President Hugo Chavez ordered almost all the country's foreign bullion reserves be repatriated.

Anglo’s growth assets near production

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Diversified miner Anglo American’s production profile will change dramatically over the next two years as its four largest expansion projects are commissioned.

Unity needed in nationalisation debate: Phosa

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South Africa should speak with one voice on the issues that troubled its economy, such as nationalisation, said Mathews Phosa, ANC Treasurer-General.

Northam concludes two-year wage deal

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Northam Platinum concludes a two-year wage agreement at its Zondereinde division.

ICT, Kumba decision due mid-December

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Mid-December should hear a judgement on the dispute over iron ore mineral rights between Imperial Crown Trading, Kumba Iron Ore and ArcelorMittal.

Anglo’s Barro Alto to pick up pace

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Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.

Mining to drive Zim growth: Biti

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Gold production would double, diamonds would bag $600m ... The outlook for Zimbabwe economic growth would be based partly on its mining industry.