Xstrata decries ‘unilateral’ policy changes
Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.
Xstrata shakes off flooding woes
Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.
Deal reached to end gold strike
A strike in South Africa's gold mining sector has ended after a two-year wage deal was clinched, unions and the Chamber of Mines say.
Diamondcorp’s Lace posts fancy results
The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.
Gold slides on US trade breakthrough
Stocks have risen while gold and the yen dropped as investors cut safety trades after Washington reached a last-minute deal to escape default.
African Minerals, Shandong sign $1.5bn deal
African Minerals has finally signed an agreement with Shandong Iron & Steel that will see the Chinese group invest $1.5bn in African Minerals' flagship iron ore project in Sierra Leone.
Coal strike ends
The striking employees of coal miners will return to work on Wednesday, following an agreement on wages between the Chamber of Mines and labour unions.
Harmony creates new executive post
Harmony Gold has created a new executive position to accelerate the execution of its safety and health strategy.
Coal strike to end
The National Union of Mineworkers says it has reached a wage deal with employers in the coal sector to end a week-long strike.