Global mining giant Anglo American has made a priority of its struggling platinum business, admitting earlier this year that the world's largest primary producer ‒ Anglo American Platinum (Amplats) ‒ is underperforming in the face of soaring costs, imposed safety stoppages and weak demand.
Shell International Trading and Shipping Company Limited has resumed trading in coal derivatives more than a decade after parent Royal Dutch Shell exited the coal business and sold its mines.
Gold Fields Limited ‒ the world's fourth-largest gold producer ‒ has reported an 18% fall in quarterly earnings, albeit above expectations, as output and the bullion price in South African rand both declined.
Paladin Energy Limited ‒a TSX and ASX-listed uranium production company with two operating mines in Africa ‒ says it is confident of an early return to full production at its Kayelekera mine in Malawi, where workers have been on strike since last weekend.
BHP Billiton chairman Jac Nasser has announced the appointment of Pat Davies to the company board as an independent non-executive director, effective 1 June 2012.