Forbes Coal doubles export sales
Forbes Coal has a more than doubling of export sales in the second quarter of its financial year.
Rio Tinto approves $1.3bn for Simandou
Rio Tinto has approved an additional $1.3bn of funding for its Simandou iron ore project in Guinea, pressing ahead with plans that will see the first shipment of ore by mid-2015.
DMR blames fiscus for capacity ills
Parliament’s mining portfolio says it will summon Treasury to explain why the Department of Mineral Resources has not been given enough money to fill crucial vacancies.
Xstrata posts coal output record
Xstrata has posted record thermal coal production in the third quarter and a more than 7% rise in overall coal output, thanks to the start of operations at its Mangoola mine.
Gold One keeps ahead of guidance
Gold One International has reported a 23% increase in quarterly production to 35,128 ounces, which exceeds the company's guidance of 34,000 ounces.
Rio’s tax to boost Guinea’s infrastructure
Guinea will use 35% of a $700m windfall from Rio Tinto to rebuild the mineral-rich West African nation's broken infrastructure, says a Guinean official.
Ownership rule too stringent, says Tsvangirai
Zimbabwe's local ownership rules for foreign mining companies are too stringent, says Prime Minister Morgan Tsvangirai.
Rio Tinto in major retreat from aluminium
Rio Tinto is putting an estimated $8bn worth of aluminium assets up for sale across six countries, only four years after buying aluminium giant Alcan for $38bn.
Phoenix starts cold commissioning
Pan African Resources says it has commenced with the cold commissioning of the Phoenix platinum tailings plant.
Aquarius’ Blue Ridge may be up for sale
It seems various potential buyers may be sniffing around Aquarius Platinum's mothballed Blue Ridge mine, despite worsening operating conditions for the sector.