Village takes over Simmers
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.
Rio Tinto in $3.5bn bid for Riversdale
Rio Tinto has made a $3.5bn bid approach for Africa-focused Riversdale Mining, sending the target firm's shares surging 16% and setting up a potential takeover battle.
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.
Gold ends week above $1,400
Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.
Foreigners snap up SA gold shares
South African gold mines are the most popular JSE-listed companies in which foreign investors are holding stakes.
Vale to list in Hong Kong
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.
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.
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.
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.
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.