Anglo finalises $700m Skorpion deal
Anglo American has completed the sale of its Skorpion zinc mine to Vedanta Resources.
JP Morgan in £1bn copper buys
Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.
Foreigners snap up SA gold shares
South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.
Vale to list in Hong Kong
Brazil's Vale will list on the Hong Kong stock exchange as the mining giant looks to boost its presence in key Asian markets, including China.
Gold ends week above $1,400
Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.
BHP to hike iron ore by 8% – report
BHP Billiton plans to increase price of coking coal for Japanese steelmakers by about 8%, according to the Nikkei business daily.
Exploration spend soars on price boom
A rise in metal prices and more stable market conditions prompted mining companies across the globe to boost their exploration budgets by more than 40% in 2010, new data shows.
World Cup lifts Russian steel firms
Russian steel companies are rallying on expectation that hosting the 2018 World Cup will fuel a lucrative construction boom.
Majali case postponed
The fraud case involving three of the co-accused of controversial businessman Sandile Majali has been postponed to January.
Rio, Sinosteel extend JV
Rio Tinto and Sinosteel have extended their Channar iron ore joint venture in Australia to produce a further 50 million tonnes of ore, says Rio Tinto.