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Anglo facing Minas Rio delay

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Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.

First Uranium granted TSX review extension

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Canadian uranium junior First Uranium, has advised that it has received a 30-day extension of their Toronto Stock Exchange (TSX) listing review.

Vale goes for Konkola North

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UPDATED - Brazilian resource major Vale is to invest $400m on development of the Konkola North copper mine in Zambia which it owns through a joint venture with African Rainbow Minerals.

Aquarius may lose 2,000 oz from Marikana

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Aquarius Platinum said its 4 shaft at the Marikana mine near Rustenburg could be suspended for two weeks cutting output by up to 2,000 ounces.

Harmony to sell Mt Magnet for $35m

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In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.

Harmony closes Joel temporarily

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Harmony has shut down the Joel mine in the Free State for up to six weeks to carry out repairs and modifications in its North Shaft.

Mineworker dies at AngloGold’s Tau Lekoa mine

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The National Union of Mineworkers (NUM) has reported a fatality at AngloGold Ashanti's Tau Lekoa mine in Matlosana - formerly Klerksdorp.

First Quantum ‘shaken down’ in DRC

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UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.

RBCT coal exports tumble in May

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South African coal exports from Richards Bay Coal Terminal fell to 4.01 million tonnes in June from 4.6 million in May, exporters said.

Gold price extends losses

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Gold has fallen further below $1 200/oz in Europe, extending the previous session's losses, as a report that China will not make gold a major part of its portfolio undermined sentiment.