China Guangdong says Extract worth $2.2bn
China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.
Mugabe presses for vote, indigenisation
Zimbabwe President Robert Mugabe has called for elections next year and says he will not back down in forcing foreign firms to sell majority stakes to blacks.
DRC delays election results again
Election authorities in Democratic Republic of Congo have delayed the announcement of a winner in the country's presidential election for the second time this week.
BHP Billiton may do an Anglo American
Management changes at BHP Billiton and comments by CEO Marius Kloppers have fanned speculation the miner will sell less profitable assets to exploit its crown jewels.
Anglo names new boss for Brazil iron ore
Anglo American has replaced the head of its Brazilian iron ore operations, which includes its flagship $5bn Minas-Rio project, naming its commercial director as chief executive.
SA net reserves fall
South Africa's net gold and foreign exchange reserves fell to $48.633bn in November from $49.221bn in October.
Congo elections results in 48 hours delay
The delay could add to problems in a vote marred by violence, logistical problems and allegations of fraud.
Firestone, Sekoko funding in-tact
Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.
Glencore pays R900m for Umcebo Mining
Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.
Minmetals extends Anvil offer
Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.