SA coal exports fall in November
Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm
Anglo OKs $1.7bn Queensland coal project
Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.
Global Witness exits ‘blood diamond’ scheme
Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.
Diamond demand to outpace supply to 2020
Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.
Target state mining firms, says Brian Menell
Mining executives should focus less on social responsibility programmes and more on engagement with state mining companies to deal with resource nationalism, says Brian Menell.
South Korean firm joins SA rare earth project
South Korea's state-run Korea Resources Corporation has reached a definitive agreement to take part in a large-scale rare earth element development project in South Africa.
Lonmin to raise workers’ pay by up to 10%
Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.
Platmin to delist until better days return
Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.
Optimum directors bag R221m in share sale
Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.
Gold backers seek higher dividends: JP Morgan
Most gold investors are looking for better dividends to be paid from available free cash flow, says JP Morgan Cazenove.