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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.

Bisichi impasse benefits Wescoal

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Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.

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.

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.

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.

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.

Northam concludes two-year wage deal

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

ANC mulls ‘carrot and stick’ on benefication

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The ANC is to debate next week a carrot and stick approach to beneficiation in the mining sector and would not simply slap levies on mineral exporters.

Wescoal seals recovery after lossmaking

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After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.

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.