Grupo Carso hedges gold production
MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.
Strong rand no excuse, says analyst
South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.
BHP, Rio in final stand to save JV
BHP Billiton and Rio Tinto are expected to pursue last-ditch talks with regulators in a bid to save a proposed iron ore joint venture after the project suffered a new blow.
Power cuts loom once more
The latest research report by RBC Capital Markets analyst Leon Esterhuizen paints a gloomy picture of renewed power cuts looming for the South African mining industry as of next year.
The Bafokeng blasts Glencore and Xstrata
RBH CEO Niall Carroll was in a combative mood at the recent Sun City platinum conference taking a go at Glencore, Xstrata and Brian Gilbertson as well as Anglo Platinum.
ARM, Vale launch Konkola copper mine
Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.
Harmony sees gold at $1,500/oz in 2011
Harmony Gold, the world's fifth-largest gold miner, expects gold to rise further this year and trade at around $1 500 an ounce in 2011.
Silver shines as growth outpaces gold
Long called "the poor man's gold", silver is likely to outperform its pricey counterpart this year, a trend that makes it an attractive option for investors looking to diversify their portfolios.
What’s Samda playing at?
Samda has recently got right up the noses of both the Chamber of Mines and the department of mineral resources for its stance on nationalisation and empowerment.
Rio Tinto in overdrive on commodities surge
Rio Tinto has maintained its 2010 production guidance for iron ore, and says it is driving all its divisions near or above capacity to cash in on strong mineral prices.