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Xstrata nears Colombian coal miner deal

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Xstrata is close to winning the $8bn auction for Colombia's second-biggest coal miner, reports British newspaper The Sunday Times.

Gold Fields sees flat output figures

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Gold Fields expects 900,000 ounces of gold output in the three months to end-December, the group says.

Northam halts operations following fatality

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Northam Platinum says an employee has died in a tramming accident at its Zondereinde mine.

Aurora broker an ex-convict – report

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The middleman in several deals between Chinese companies and Aurora Empowerment Systems director Khulubuse Zuma is a convicted murderer, reports the Mail & Guardian.

Gold One makes up for target misses

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Gold One International has bucked the prevailing negative mood on the JSE after posting positive production figures for its December quarter.

Eskom pushes for coal regulation

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Eskom CEO Brian Dames has repeated the power utility's call for urgent coal export restrictions, suggesting a formula-based export quota for miners.

Hostile bids set to rise in 2011

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Hostile takeover bids are likely to multiply in 2011, as companies aggressively look for value despite notable failures and delays in completing recent unsolicited deals.

ArcelorMittal close to Aperam listing

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ArcelorMittal is set to list its stainless steel unit Aperam at the end of January or in early February, according to sources.

Indian state firm targets SA resources

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India’s state-owned MMTC is setting up shop in South Africa, with its sights firmly on securing coal and other commodities for the country’s resource-hungry economy.

Tata Steel majority holder in Nippon JV

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Tata Steel will hold 51% in its joint venture with Japan's Nippon Steel, aiming to produce 600,000 tonnes a year of cold rolled automotive sheet steel.