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No slow down on mining projects yet says MDM

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Worries about the global sovereign debt crisis may have hit commodity prices but they have not yet impacted on projects being undertaken by mining groups.

Xstrata sticks by Lonmin investment

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Xstrata said it was unsure how to capture the value in its 25% stake in Lonmin but said it continued to see value in the position.

Great Basin gains as $150m loan sealed

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Ferdi Dippenaar, CEO of Great Basin Gold, says fears over the mining method at its South African mine exacerbated worries it would not secure bank debt.

SA coal exports fall in November

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Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm

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.

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Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.

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.

Diamond demand to outpace supply to 2020

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Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.

Xstrata eyes benefits from copper supply woes

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Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.

Platmin to return consolidated: Gilbertson

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Platmin's proposed delisting was the precursor to a stronger, consolidated company when the market was more supportive, said Brian Gilbertson, chairman of Platmin shareholder, Pallinghurst Resources.