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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.

Gold up on physical buying

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

Petra ups Koffiefontein stake

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

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.

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.

Revamped mining law ready mid-2011

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Proposed regulatory reforms to SA's "ambiguous" mining policy will be implemented by the middle of next year, says the department of mineral resources.

Uranium stocks power up

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Uranium prices are moving up as predicted earlier this year by a number of company executives, and the impact on the shares of some producers has been dramatic.

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.