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Gold up on physical buying

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

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.

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.

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.

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.

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.

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.

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.

Forbes shares up on Transnet deal

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Shares of Forbes and Manhattan Coal Corp have risen sharply following an agreement with Transnet Freight Rail and Grindrod Terminals to export coal through the Richards Bay Coal Terminal.