December 11, 2012 Rio Tinto and Anglo sell Palabora to Chinese group Mining giants Rio Tinto and Anglo American are selling a 74.5% shareholding in the South African copper company Palabora Mining to a consortium of Chinese and South African firms, in…
December 11, 2012 Glencore-Xstrata deal hits South African snag Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.
December 11, 2012 Nautilus rockets 27% as investors speculate on what’s next for seabed mining Work off PNG has stopped, but international waters beckon.
December 10, 2012 NALCO could call off Indonesia project over approval delays National Aluminium Company could put a halt to its planned aluminium smelter and captive power plant project in Indonesia should it manage to get clearances and coal linkages for a…
December 10, 2012 Resource nationalism is miners’ number one fear and major threat to global security — report Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report.
December 9, 2012 Central bank buying on course There has been an announcement from the Bank of Korea that it bought 14 tonnes of gold during the month of November but that has so far been the only…
December 9, 2012 Copper, lead strengthen on industrial demand Copper and lead strengthened by Rs 3 each per kg on the local non-ferrous metals market today on increased demand from consuming industries.
December 8, 2012 Mining, logging ‘contributed’ to Philippine disaster Whole towns were washed away or buried by landslides when Typhoon Botha smashed into a mountainous region on the southern island of Mindanao last week, leaving 548 people confirmed dead…
December 7, 2012 Afghanistan grants key copper and gold permits The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP…
December 7, 2012 China lifts outlook for mining sector in 2013 with accelerated infrastructure spending Chinese economy to recover via investment in infrastructure and property
How a reclusive ex-Glencore trader became Indonesia’s nickel king Arif Kurniawan has gone from earning paychecks at Glencore to controlling approximately a third of his country’s domestic trade in nickel ore. December 28, 2025 | 03:25 pm