Commodity rush propels Kumba earnings
A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.
Kumba drags Amsa into court battle
Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.
Rio Tinto profits treble to $14bn
Soaring commodities prices and strong growth in emerging markets have bolstered the annual profits of global mining giant Rio Tinto.
Shabangu ‘doesn’t answer to ANCYL’
Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.
Bauba asks for JSE suspension
Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.
Mvela surges after Northam offer
Shares in Mvelaphanda Resources have spiked after Northam Platinum said it would acquire it in a deal worth about R982m.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
Mine licences revoked after tampering
Licences for mining companies have been revoked and civil servants suspended from their jobs after application information was tampered with, Mines Minister Susan Shabangu says.
Japan plans to invest billions in Africa
Japan is keen to invest "billions of dollars" in minerals and infrastructure in Africa, trying to catch up with regional rival China.