BHP Billiton wants out of diamonds
BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.
RBCT responds as Transnet ups pace
Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.
Sierra Leone to post mining revenues online
Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.
The return of Bernard Swanepoel
Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.
Glencore ‘leads bid’ for Exxaro’s Rosh Pinah
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
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.
Randgold Resources lower 2011 guidance
Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.
Gold One takeover deal in home stretch
Gold One International shareholders who choose to accept a takeover offer from a Chinese consortium will bag their returns before Christmas.
Revised MPRDA at least a year away
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
Rio Tinto has warned that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver.