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Copper to outperform base metals – Goldman

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Metals prices will diverge to follow their own fundamentals during 2011 as emerging market economies drive ahead and demand recovers in developed nations, says Goldman Sachs.

African Eagle starts to soar

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The share price of African Eagle Resources has taken off, as institutions are seemingly buying management's story that the company found a world class nickel deposit in Tanzania.

Copper hits record after strong China data

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Copper prices have risen to a record $9,103 a tonne, buoyed by strong Chinese macro-economic and output data.

Petra ups Koffiefontein stake

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Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.

SA records gold output gains

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South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.

Gold up on physical buying

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Spot gold is trading higher as healthy physical demand buoys prices.

WikiLeaks: BHP tried to sabotage Rio deal

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A WikiLeaks cable has revealed that BHP Billiton tried to sabotage a $21bn deal between rival miner Rio Tinto and China's Chinalco, according to ABC News.

NMDC to go it alone for Riversdale

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State-run Indian iron ore miner NMDC may bid independently for a stake in Africa-focused Riversdale Mining, according to a report

Guinea lifts state of emergency

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Guinea has lifted a state of emergency in a sign of rising stability in the iron ore and bauxite rich West African state since elections marred by street violence.

Anglo granted key Minas Rio licence

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Anglo American will start building early next year one of its biggest growth projects, the Minas Rio iron ore operation in Brazil, after getting permission from the government.