ArcelorMittal to quit controversial Kalagadi stake
ArcelorMittal is to sell its 50% stake in Kalagadi Manganese for R3.9bn, a company that has been the subject of corporate governance abuse allegations.
Gold Fields returns Chucapaca to drawing board
Gold Fields' ambition to give geographic diversity to its gold production suffered a setback when its Peru mine, Chucapaca, was found to have failed investment tests.
Amplats breaks 8-week strike with new offer
Anglo American Platinum ended a miserable flow of bad news late Wednesday saying workers were likely to accept a freshly revised pay offer.
Harry Winston swoops on BHP’s Ekati
Harry Winston Diamond Mines completed its swoop on BHP Billiton's $750m a year Ekati diamond mine in a deal value at $500m.
Lonmin urges support for $800m rights offer
Lonmin said its future was in jeopardy unless shareholders supported its refinancing, due for a shareholder vote on November 19. Crucially, it kept the door open to Xstrata.
Anglo declares capex blow out at Minas Rio
More bad news for Anglo American's Minas Rio project with capital costs ballooning to $8bn and analyst expectations first production won't be before 2015.
Intimidation rife as Amplats extends wage offer
Intimidation by people not employed by Anglo American Platinum was a major cause for the continuance of the strike at the platinum firm's operations, now into its eighth week.
SA platinum slide takes market into deficit
South African platinum production would be 300,000 ounces lower in 2012, said Johnson Matthey helping the market swing into a remarkable 400,000 oz deficit.
China may raise gold holdings, says LBMA
China has only 2% of reserves in gold, compared to 75% in the US, a difference that
is bound to be narrowed, the London Bullion Market Association said.
Momentum builds for RoC’s iron ore pioneers
Zanaga, Equatorial Resources and Exxaro Resources mark 2012 with important
advances in the effort to produce iron ore from the Republic of Congo.