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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.

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.

Central Rand Gold to shut down

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Central Rand Gold is to halt underground mining operations but will reassess its prospects by the end of October.

Marcus appeals to nationalisation backers

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Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.

Harmony cut costs at Hidden Valley

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Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.

First Uranium ‘to pay’ Simmers debt

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The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.

Rio content with lesser stake in Riversdale

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Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.

Glencore pushes ahead with $10bn IPO

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Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.

Copper falls on China demand concerns

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Copper prices pared back gains, pressured by fresh worries about near-term Chinese demand for industrial raw materials.

Deadline moved for online mines system

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The department of mineral resources has been given two more weeks to test a new online system for prospecting and mineral rights says the mineral resources minister.