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Blaze shuts Xstrata mine

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A fire has caused Australia's Blakefield South coal mine in New South Wales state to close down, says owner Xstrata.

Draining flooded mines to take weeks

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Australia's flood-stricken coal industry is facing lengthy disruptions, with one miner saying it may take weeks to drain its pits of water.

Skint JCI seeks loan

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The former iconic JCI is seeking a further loan from Investec Bank to fund its near term cash requirements, including salaries and wages.

Eskom promises to keep SA’s lights on

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Eskom says contingency plans are in place to ensure it generates enough electricity in spite of heavy rains disrupting coal supply to stations.

Harmony’s Hidden Valley faces legal battle

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Harmony Gold’s Hidden Valley JV in Papua New Guinea is again facing legal action over damage caused by mine-related sediment to landowners along the country’s Watut River.

Riversdale, Tata in Mozambique power deal

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Riversdale Mining and joint venture partner Tata Steel have agreed to fully own the $1bn Benga power plant project in Mozambique, says the mining group.

Japan anxious over rare earth supplies

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Japan's Trade Minister Akihiro Ohata will visit China as soon as possible to talk to officials there to secure supply of rare earth minerals.

HSBC ups gold outlook

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HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.

Zim given diamond sale go-ahead

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Zimbabwe has been granted permission to continue conducting supervised sales of diamonds mined at the controversial Marange fields, says a government official.

Richards Bay coal exports rise

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The Richards Bay Coal Terminal managed its best performance in three years during 2010, but the amount of coal being exported remains way below its installed capacity.