Universal Coal granted permit for Roodekop
Universal Coal was granted an integrated water use licence for its Roodekop project in Mpumalanga province. The project will double output to over 4mtpa.
Demand from China strong: Rio’s Walsh
Demand from China for commodities remained stronger than 'external pundits' were saying, said Sam Walsh, CEO of Rio Tinto.
Wescoal headline earnings lower
Wescoal Holdings would report lower headline earnings owing to an exceptional item in the previous financial year in which it sold mineral rights for R71m.
AngloGold may sell or joint venture Obuasi
AngloGold Ashanti would consider selling all or part of its Obuasi mine in Ghana once it had been restructured, the gold company said.
Glencore Zambia unit Mopani to cut 4,500 jobs
Mopani Copper Mines, Glencore's Zambian copper unit, plans to cut about 4,300 jobs following low copper prices and an electricity shortage.
Amplats struggles to replace Johnson Matthey
Amplats cancelled its long-standing contract with Johnson Matthey last year which marketed its metals to customers, but is now struggling to fulfill the same function.
African Minerals may break covenants
African Minerals said it was in danger of breaking debt covenants and would attempt to refinance a $250m loan.
BHP, Vale hit by $43bn suit for Samarco disaster
SHARES in BHP Billiton headed for their steepest fall since 2008 after Brazilian prosecutors filed a civil suit against the Melbourne-headquartered company worth $43bn,...
Rio Tinto bets on African mining for growth
Rio Tinto was seeking expansion opportunities in Africa's minerals sector as it bet on long-term demand growth for minerals.
Gold industry underwater: Holland
The global gold industry was operating at a loss including payments for debt, said Nick Holland, CEO of Gold Fields.