Chinalco strives to be top five global miner
Chinalco, China's largest alumina producer, plans to become one of the world's top five miners in the next decade, state media reports.
Rain not affecting deliveries – RBCT
Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.
Gold rises for third straight day
Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.
Metorex H1 copper output up by 5pct
Junior miner Metorex says that during the six months ending in December 2010, its copper production increased 5% to 26 358 tonnes, while its cobalt production increased by to 2 021 tonnes.
IFM shares slump on grim update
Ferrochrome producer International Ferro Metals says output has suffered and construction of a retreatment plant by AngloPlat is running behind schedule.
Village hits paydirt at Lesego
Village CEO Bernard Swanepoel is excited about the latest borehole results at Lesego Platinum but cautions it's still to early to start drawing conclusions about how they could affect the project.
Mining production maintains growth
Production at SA's mines continued to grow with output in November increasing by 9.6% compared to October.
China firm wins bid for Tanzanian iron ore mines
China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation says.
Gold and gold shares to rise this year
The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.
Coal prices drop as fears of supply crunch ease
Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.