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World Cup lifts Russian steel firms

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Russian steel companies are rallying on expectation that hosting the 2018 World Cup will fuel a lucrative construction boom.

Rio, Sinosteel extend JV

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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.

BHP to hike iron ore by 8% – report

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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

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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.

Transnet progress a boon to Wescoal

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Better delivery by Transnet Freight Rail has offered respite to Wescoal's troubled trading operations, says the junior coal miner.

Wescoal doubles interim earnings

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Wescoal has reported an interim diluted headline earnings increase of 141%.

Anglo: SA needs more private power

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Anglo American says SA's new 20-year energy plan needs to make provision for industries wanting to invest in their own power plants.

Nkwe Platinum’s legal woes mount

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Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.

Metorex set to ride copper wave

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Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.

Community wins landmark rights case

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A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.