Anglo finalises $700m Skorpion deal
Anglo American has completed the sale of its Skorpion zinc mine to Vedanta Resources.
Platfields to list on JSE
Platfields Limited is to proceed with its listing on the JSE and is looking for R200m to push ahead with two platinum projects and a gold exploration plan.
RBPlat proceeds with R1.3bn capex plan
Royal Bafokeng Platinum has approved an expansion project for the group's North Shaft Merensky Phase III project at the Bafokeng Rasimone Platinum Mine.
JP Morgan in £1bn copper buys
Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.
Foreigners snap up SA gold shares
South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.
Gold ends week above $1,400
Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.
Vale to list in Hong Kong
Brazil's Vale will list on the Hong Kong stock exchange as the mining giant looks to boost its presence in key Asian markets, including China.
Exploration spend soars on price boom
A rise in metal prices and more stable market conditions prompted mining companies across the globe to boost their exploration budgets by more than 40% in 2010, new data shows.
BHP to hike iron ore by 8% – report
BHP Billiton plans to increase price of coking coal for Japanese steelmakers by about 8%, according to the Nikkei business daily.
World Cup lifts Russian steel firms
Russian steel companies are rallying on expectation that hosting the 2018 World Cup will fuel a lucrative construction boom.