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Anglo OKs $1.7bn Queensland coal project

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Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.

Clashes erupt in Congo ahead of vote results

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Clashes have erupted between protesters and security forces in parts of Democratic Republic of Congo as diplomats scrambled to defuse tensions ahead of the country's full election results.

Global Witness exits ‘blood diamond’ scheme

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Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.

Sierra Leone shields coveted forest from mining

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Sierra Leone has conferred protected national park status on a remote tract of forest that has attracted attention for its iron ore mining potential.

Gold backers seek higher dividends: JP Morgan

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Most gold investors are looking for better dividends to be paid from available free cash flow, says JP Morgan Cazenove.

Lonmin to raise workers’ pay by up to 10%

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Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.

Ghana tax hikes ‘deep concern’: Gold Fields

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Gold Fields CEO Nick Holland says he is concerned about Ghana's move to increase corporate taxes on the mining sector to 35% from 25%.

South Korean firm joins SA rare earth project

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South Korea's state-run Korea Resources Corporation has reached a definitive agreement to take part in a large-scale rare earth element development project in South Africa.

Platmin to delist until better days return

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Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.

Optimum directors bag R221m in share sale

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Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.