Watchdog explains ruling on Petmin’s SamQuarz
Allowing the sale of Petmin’s SamQuarz silica mine to Thaba Chueu will enable the buyer to control the critical input of its downstream competitors, says the Competition Commission.
Forbes Coal posts revenue increase
Forbes & Manhattan Coal, which has listings in Toronto and Johannesburg, has reported a 245% increase in revenue year-on-year for the quarter to end-November 2011.
Anglo ordered to release Mitsubishi contract
Anglo American is on the back foot in its dispute with Codelco as a Chilean court orders it to release the sale contract signed with Mitsubishi over a stake in Anglo American Sur.
Rio Tinto’s iron ore output flattens out
Rio Tinto has reported near-flat production growth of iron ore for the fourth quarter, weaker than some market expectations amid concerns that Chinese demand is softening.
Niger to pursue nuclear despite Fukushima
Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima, says the country's president.
Godongwana stays as state intervention ‘chief’
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.
Funds target pockets of tight supply in 2012
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
Iron ore prices lift Kumba earnings
Kumba Iron Ore says an increase in export iron ore prices has substantially lifted its full-year earnings.
Angola to boost diamond output in 2012
Angola's state-owned diamond firm Endiama expects to increase production this year after posting revenue growth in 2011, reports state news agency Angop.
Authorities halts Petmin’s SamQuarz sale
Petmin says its proposed sale of the SamQuarz silica mine has been disallowed by the Competition Commission.