South Africa’s gold sector also hit with wage hike demands

South Africa's gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current collective agreements do not expire until the middle of next year, the country's chamber of mines said on Monday.

Reuters | August 27, 2012 | 7:05 pm

Baltic index pushed by rising capesize rates

The Baltic Exchange’s main sea freight index, which is used to track rates for ships carrying dry commodities, rose marginally on Friday […]

Reuters | August 26, 2012 | 3:03 pm

Iron Ore-Slump extends; ore below $100, Shanghai rebar at record low

Shanghai steel futures stretched their losing streak to a 10th day on Friday, hitting a record low and giving steel producers more […]

Reuters | August 26, 2012 | 2:57 pm

Gunmen attack airport in Congo mining hub

Unidentified gunmen attacked the airport in the Congolese mining town of Lubumbashi early on Wednesday, killing at least one soldier, but government forces repelled the offensive after several hours of fighting, police said.

Reuters | August 8, 2012 | 2:53 pm

Coal train hits truck in South Africa, 24 dead

A coal train ploughed into a farm truck at a level crossing in South Africa on Friday, cutting it in half and killing 24 workers on their way to pick fruit - the latest tragedy to hit the country's ageing rail network.

Reuters | July 14, 2012 | 5:15 pm

Vale sells ferromanganese units to Glencore for $160 mln

Vale, the world's second-largest mining company, sold its ferromanganese plants in Europe to Glencore International for $160 million, as it seeks to help finance core investments in iron ore, coal and nickel.

Reuters | July 11, 2012 | 7:20 pm

Australia’s Queensland to join mining tax challenge -report

Australia's northern Queensland state plans to challenge the federal government's mining tax in the High Court, saying the tax unfairly discriminates against the resource-rich state, The Australian newspaper reported on Monday.

Reuters | July 8, 2012 | 10:12 pm

Kazakh central bank aiming for 20% of reserves in gold

According to Kazakhstan's deputy central bank chairman, the central bank plans to boost the share of gold in its gold and foreign currency reserves to 20% from 14-15%

Reuters | June 13, 2012 | 8:34 am

Shares jump as Australian billionaire moves to take over Whitehaven Coal

Nathan Tinkler had been widely expected to sell down his 21% stake in Whitehaven Coal, but is instead looking to taking over the business.

Reuters | June 13, 2012 | 7:09 am

Guinea begins production at first iron ore mine

Reuters reported Guinea, in partnership with Bellzone (LSE:BZM) and the China International Fund, has begun operations at its first iron ore mine.

Reuters | June 11, 2012 | 5:36 pm

Yellowhead Mining Inc announces graduation to Toronto Stock Exchange

On June 11 Yellowhead Mning (YMI) will be de-listed from the TSX Venture Exchange to commence trading of common shares on the TSX.

Reuters | June 8, 2012 | 1:45 pm

Gold Fields seeks support of local Kyrgyz villagers

Unable to guarantee the safety of local residents due to violent opposition to its JV project eight months ago, Gold Fields ceased drilling and began work instead on a deal with the local community.

Reuters | June 1, 2012 | 4:01 pm

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