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.
Global Witness exits ‘blood diamond’ scheme
Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.
Diamond demand to outpace supply to 2020
Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.
Target state mining firms, says Brian Menell
Mining executives should focus less on social responsibility programmes and more on engagement with state mining companies to deal with resource nationalism, says Brian Menell.
Platmin to return consolidated: Gilbertson
Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.
Xstrata eyes benefits from copper supply woes
Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.
Clashes erupt in Congo ahead of vote results
Clashes have erupted between protesters and security forces in parts of Democratic Republic of Congo as diplomats scrambled to defuse tensions ahead of the country's full election results.
SA coal exports fall in November
Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm
Anglo OKs $1.7bn Queensland coal project
Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.
Lonmin to raise workers’ pay by up to 10%
Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.