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Rio Tinto in $3.5bn bid for Riversdale

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Rio Tinto has made a $3.5bn bid approach for Africa-focused Riversdale Mining, sending the target firm's shares surging 16% and setting up a potential takeover battle.

Anglo finalises $700m Skorpion deal

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Anglo American has completed the sale of its Skorpion zinc mine to Vedanta Resources.

Newcrest halts Ivory Coast operations

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Newcrest Mining has temporarily suspended operations at its Bonikro gold mine in Ivory Coast as precaution due to possible security issues tied to the recent election tensions.

Village takes over Simmers

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Bernard Swanepoel is back into gold mining boots and all with the acquisition of Simmer and Jack Mines, but now comes the hard part of making Simmers' marginal operations perform.

Foreigners snap up SA gold shares

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South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.

Vale to list in Hong Kong

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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.

JP Morgan in £1bn copper buys

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Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.

Gold ends week above $1,400

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Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.

Rio, Sinosteel extend JV

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Rio Tinto and Sinosteel have extended their Channar iron ore joint venture in Australia to produce a further 50 million tonnes of ore, says Rio Tinto.

BHP to hike iron ore by 8% – report

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BHP Billiton plans to increase price of coking coal for Japanese steelmakers by about 8%, according to the Nikkei business daily.