South Africa's ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering new taxes and "targeted interventions" in the sector, particularly platinum mines.
According to a new European Wind Energy Association report a record 71% of all the new power generating capacity installed in the Europe Union in 2011 came from solar panels, offshore and onshore wind turbines and other renewable energy sources. This at the same time as the world's largest clean coal power station project appears stuck in the starting blocks.
The Telegraph reports Chairman John Bond and CEO Mick Davis risk being voted off the board of Xstrata after being accused of negotiating "a cosy stitch-up" with Glencore and that other major shareholders have threatened to block the deal altogether if the Swiss commodities giant does not offer a "substantial premium."
Sunshine Oilsands, a Calgary-based oil explorer backed by Chinese state-owned enterprises, has delayed the launch of a planned up to $700 million initial public offering in Hong Kong which would have been the biggest in Asia this year.
China Guangdong Nuclear Power Corp (CGNPC) declared its offer for Kalahari Minerals unconditional on Friday, paving the way for it to launch a takeover bid for Extract Resources, owner of one of the world's largest uranium mines.
Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a wrap-up of what people are saying about the birth of the globe's first vertically integrated resource giant.