Vale CEO’s ‘days are numbered’
Vale's CEO Roger Agnelli says he is not involved in choosing who runs the Brazilian mining company, while local media reports that the company's shareholders have already agreed he will leave.
Simmers takeover goes ahead
Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.
BHP in new coal ventures
BHP Billiton has approved three key metallurgical coal projects located in the Bowen Basin in Central Queensland, Australia.
BHP in iron ore and coal deals
BHP Billiton has approved $9.5bn of capital investments to expand Australian iron ore and coal mining projects.
Outrage as Zim diamonds go on sale
Industry groups and watchdogs have slammed a unilateral decision to allow Zimbabwe to sell diamonds from its disputed Marange fields.
Amsa sees Sishen arbitration in 2012
ArcelorMittal SA says it expects arbitration proceedings in its dispute with Kumba Iron Ore over a Sishen mine to be heard only early in next year.
Van Kerrebroeck tried to ‘con’ way out of jail
Alleged company hijacker Dennis Van Kerrebroeck may face more charges, as details emerge on how he allegedly tried to swindle his way out of custody.
Harmony share price surges
The Biblical admonition "o ye of little faith" seems appropriate for the senior Harmony executive who sold nearly 30,000 of his stock options just days before the share price took off.
Transnet hikes coal tariffs
Transnet Freight Rail is imposing stiff tariff increases on rates for railing coal to both Richards Bay and Maputo which are way above South Africa's inflation rate.
Coal of Africa raises $50m loan
Coal of Africa has secured a $50m loan from Deutsche Bank, which will allow the company to repay a $20m loan to JP Morgan and provide working capital for its operations.