Mining companies with interests in Mauritania will face some challenges, but no major disturbances in the event of a coup d'état in the northwest African country, whose President was shot and flown to France for medical treatment on Sunday, say analysts.
Diversified mining giant Rio Tinto (ASX:RIO) has raised iron ore output 5% year-on-year in the third quarter on the back of record production levels in Western Australia's Pilbara.
Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.
Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.
Anglo America's (NYSE:AAL) Kumba Iron Ore announced on Monday that it had fired almost 300 workers in South Africa for participating in an illegal strike and commandeering millions in company equipment.
The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over China's growth.