Xstrata shrugs off Australia tax threat
Xstrata is confident disagreement over future exposure to a proposed mining tax in Australia will not jeopardise around $3bn in new coal mine investments, says a senior company executive.
Xstrata seeks new chair
Xstrata is considering replacing chairperson Willy Strothotte, reports Sky News.
One for the brave
Investors have given Platfields an overwhelming thumbs down after its debut on the JSE, despite the optimistic outlook of CEO Bongani Mbindwane.
Anglo predicts 150m tonnes iron ore output
UPDATED: Anglo American's iron ore output capacity may rise to above 150 million tonnes by 2020, says an executive.
Copper to outperform base metals – Goldman
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
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.
Petra ups Koffiefontein stake
Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.
Copper hits record after strong China data
Copper prices have risen to a record $9,103 a tonne, buoyed by strong Chinese macro-economic and output data.
Rio mulls more Alcan asset sales
Rio Tinto may sell some aluminium smelters and refineries with limited growth potential, and is considering a major capital investment at its Alcan unit, according to a report.
Bengwenyama challenged on land claims
A community has claimed the Bengwenyama-Ya-Maswati misled the Constitutional Court over the ownership of land on which Genorah Resources’ prospecting rights were set aside.