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SA net reserves fall

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South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.

Congo elections results in 48 hours delay

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The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.

Xstrata sticks by Lonmin investment

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Xstrata said it was unsure how to capture the value in its 25% stake in Lonmin but said it continued to see value in the position.

No slow down on mining projects yet says MDM

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Worries about the global sovereign debt crisis may have hit commodity prices but they have not yet impacted on projects being undertaken by mining groups.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.

Glencore pays R900m for Umcebo Mining

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Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.

Great Basin gains as $150m loan sealed

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Ferdi Dippenaar, CEO of Great Basin Gold, says fears over the mining method at its South African mine exacerbated worries it would not secure bank debt.

Clashes erupt in Congo ahead of vote results

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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.

Xstrata eyes benefits from copper supply woes

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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.

Platmin to return consolidated: Gilbertson

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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.