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Vale dumps CEO

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Brazilian mining giant Vale has forced its CEO out, following weeks of rumours that the government was demanding change at the top of Latin America's largest non-state firm.

Platmin to keep nose to the grindstone

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Platmin has given itself a lot of work to do at its open pit Pilanesberg Platinum mine during 2011, saying it will double production to break even.

Ipsa remains under pressure

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At long last independent power producer Ipsa has its Newcastle power plant back in operation, but bureaucratic delays experienced with Eskom have done a lot of financial damage.

Newcrest suspends Ivory Coast operations

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Newcrest Mining has suspended operations at its Bonikro gold mine in Ivory Coast due to a "deterioration in the security situation".

Gold One shrugs off ASX ‘speeding ticket’

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Shares in Gold One International have continued their recent rally, following a query by the ASX into possible corporate activity at the junior mining company.

Randgold keeps going in Cote d’Ivoire

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Randgold Resources' Tongon gold mine continues to operate at near normal levels despite the deteriorating political situation in Ivory Coast, says CEO Mark Bristow.

Zimplats continues talks over local ownership

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Impala Platinum says it remains in talks with Zimbabwe's government about its compliance with regulations by which it must put 51% of its stake into local hands.

RBCT shelves expansion plans

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Richards Bay Coal Terminal has shelved plans to increase export capacity until 2015 due to the slow pace of rail infrastructure expansion, according to Business Report.

Shabangu considers new coal allocations

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Final word on which BEE coal company will get what allocation in terms of the revised Quattro coal export scheme is now awaited from Minister of Mineral Resources Susan Shabangu.

Vale director Tito Martins to be new CEO

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Vale director Tito Botelho Martins will be named the company's new chief executive, reports a local newspaper.