BHP wary of fragile economy
BHP Billiton sees the global economy remaining fragile in the near term and economic growth possibly slowing in the medium term, says its chairperson Jacques Nasser.
Health claims may ‘wipe out’ miners
The risk of a litany of silicosis claims against the mining industry is a serious threat which could cripple the sector, say analysts at RBC Capital Markets.
Lonmin bucks downward trend
Lonmin shares have moved against the negative direction among platinum producers, following improved financials and a positive adjustment of its long-term forecast.
Optimum Coal issues Richards Bay plea
Transnet Freight Rail and the country’s coal producers have to find a way to exploit the full export potential of the Richards Bay Coal Terminal, says Optimum Coal CEO Mike Teke.
Vale opens Mozambican coal mine
Vale has opened a new $1.7bn coal mine in Mozambique, tapping the southern African country's thermal and coking coal reserves of around 23 billion tonnes.
Decision on Wild Coast mining imminent
A decision by Mineral Resources Minister Susan Shabangu is imminent on an appeal to stop her granting rights to mine titanium from sand dunes along a pristine stretch of the Wild Coast.
Silver bounces from record fall, gold up
Silver has rebounded from its biggest one-day dollar fall since 1980, while gold also recovered as cheaper prices lured in Asian investors.
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.
Bloody, but unbowed bulls to charge again
The brutal selloff in commodity markets had no obvious trigger, and by the same token, there is no obvious reason why prices will not recover in the next few weeks or months.
Panic selling hits commodities
Investors are scrambling for cover as silver heads for its biggest weekly loss since at least 1983 and oil falls below $100 a barrel.