Kumba output hit by excessive rainfall
Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.
Namibia’s state miner pockets key rights
Namibia's government has awarded its state-owned mining company "exclusive exploration and mining' rights to a host of strategic minerals, according to a news report.
Miners to submit regular safety reports
The department of mineral resources will require boards of mining companies to submit quarterly reports on health and safety, parliament hears.
Rains hit Anglo hard
Anglo American has stuck to its production targets despite a first quarter that saw floods and heavy rains hampering output, with coal output from its Australian operations down by over a third.
Gold powers above $1,500
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.
CSN sells Riversdale stake
Brazilian steelmaker CSN has struck a deal to sell its 19.9% stake in Mozambican-focused coal miner Riversdale to Rio Tinto for $830m.
BHP boosts iron ore output, warns on coal
BHP Billiton's iron ore production has jumped, but persistent rains in Australia are delaying its coal output recovery.
Ministers to discuss MPRDA amendments
High-level talks on bringing environmental regulations for mines in line with legislation for the rest of the country are to take place soon.
Gold soars to fresh record
Gold has hit a new high above $1 500 as traders sought out the safe haven amid concerns over the global economy.
Australia warns ‘no rivers of gold mining’
Australia is facing a mining boom with greater challenges and fewer rewards, Treasurer Wayne Swan says, warning there will not be "rivers of gold" like earlier commodities rushes.