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.
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.
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.
Rio, Sinosteel extend JV
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.
Majali case postponed
The fraud case involving three of the co-accused of controversial businessman Sandile Majali has been postponed to January.
Transnet progress a boon to Wescoal
Better delivery by Transnet Freight Rail has offered respite to Wescoal's troubled trading operations, says the junior coal miner.
Wescoal doubles interim earnings
Wescoal has reported an interim diluted headline earnings increase of 141%.
Anglo: SA needs more private power
Anglo American says SA's new 20-year energy plan needs to make provision for industries wanting to invest in their own power plants.
Nkwe Platinum’s legal woes mount
Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.