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Village takes over Simmers

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Bernard Swanepoel is back into gold mining boots and all with the acquisition of Simmer and Jack Mines, but now comes the hard part of making Simmers' marginal operations perform.

Foreigners snap up SA gold shares

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South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.

Vale to list in Hong Kong

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Brazil's Vale will list on the Hong Kong stock exchange as the mining giant looks to boost its presence in key Asian markets, including China.

Gold ends week above $1,400

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Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.

JP Morgan in £1bn copper buys

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Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.

Exploration spend soars on price boom

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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.

BHP to hike iron ore by 8% – report

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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

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Russian steel companies are rallying on expectation that hosting the 2018 World Cup will fuel a lucrative construction boom.

Majali case postponed

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The fraud case involving three of the co-accused of controversial businessman Sandile Majali has been postponed to January.

Rio, Sinosteel extend JV

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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.