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Metorex, Jinchuan deal clear all hurdles

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Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China's Jinchuan Group.

Gold wallows near 3-month low

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Gold is wallowing near a three-month low, remaining under pressure due to a firm dollar, while investors frets over an important Italian bond auction later in the day.

Anglo American, Codelco face off in court

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Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.

Zimbabwe moves to ban raw platinum exports

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Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

Zambia sees new metal export rules in Q1

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Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.

China bans creation of new gold exchanges

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China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.

China 2012 rare earth quotas unchanged

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China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.

Rio Tinto extends Hathor offer

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Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.

CoAL sells NiMag in management buyout

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Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.

Gold One given DMR’s go-ahead for Rand Uranium

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Gold One International says it has received the go-ahead from the department of mineral resources for its proposed takeover of Rand Uranium.