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Namibia’s rights plan for future finds only

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Namibia's plan to hand mining and exploration rights to a state-owned firm will only be applied to future mineral discoveries, according to a news report.

Silver could top 2011’s precious pack

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Platinum is drawing investment as a financial asset and palladium boasts an enviable market balance, but silver could top the precious pack this year, says GFMS's Philip Klapwijk.

Rio Tinto cautious over volatility

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Rio Tinto expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, says its chairperson.

Panic selling hits commodities

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Investors are scrambling for cover as silver heads for its biggest weekly loss since at least 1983 and oil falls below $100 a barrel.

Malema: Stop mineral exports

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The government must stop exporting raw minerals to encourage the establishment of industries to process them locally, ANC Youth League leader Julius Malema says.

Aquarius finally snares Booysendal

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It has taken years, but Aquarius Platinum CEO Stuart Murray has pulled off the deal he had predicted would eventually take place over the Booysendal South platinum deposit.

Merafe posts output increase

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Merafe Resources says first-quarter production rose 3.8%, but says the company will operate at a lower rate during June to August.

Optimum buys rights to bulk-up Koornfontein

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Optimum Coal says it has bought two prospecting rights in close proximity to its Koornfontein operations, envisaged to extend Koornfontein’s lifespan by 12 years.

Glencore targets $11bn, draws key investors

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UPDATED: Glencore has kept a lid on its aspirations for a much-hyped market debut, targeting proceeds of $11bn after securing record commitments from investors led by Abu Dhabi.

Glencore prospectus set to reveal CEO billions

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Glencore is to make known how much CEO Ivan Glasenberg, probably South Africa's richest person, and other top managers stand to gain from one of Europe's largest market debuts.