Qatar adds to Xstrata stake - Financial Times

Qatar's sovereign wealth fund plans to increase its stake in Xstrata Plc to at least 10%, the Financial Times said on Thursday. Qatar is expected to continue building its stake, currently at 8.5%, to 10% and could go higher, people familiar with...

Diamond miner Koidu eyes listing, to quadruple output

Sierra Leonean diamond miner Koidu Holdings is studying a possible flotation and aims to reach a previously stated target of quadrupling its output to 45 000 carats a month in July. "There is significant benefit in having access to capital...

Financial analyst to speak at Mining Indaba

Financial institution Credit Suisse commodities research VP Tom Kendall will focus on the outlook for the global gold sector during his presentation at the commodities review and outlook forum at the Investing in African Mining Indaba 2012.

Cynthia Carroll fighting the good fight, Diego Hernandez out of line

The State-owned Chilean copper miner Codelco, which is forcing an unfair transaction on Anglo American, has been caught red handed. Anglo’s sale of 24.5% of Anglo American Sur SA to Mitsubishi values 100% of Anglo’s Chilean assets at...

Ivanhoe urges Mongolia to stick to Oyu Tolgoi accord

Ivanhoe Mines on Monday on Monday sought to assert its rights at the Oyu Tolgoi project in Mongolia, in the midst of reports the government wanted to renegotiate a 2009 contract to lift the State’s ownership of the mine sooner than previously...

Vale now active in Southern, Central and West Africa

In June, Brazilian diversified mining major Vale, the world’s second-biggest mining company by market capitalisation, reaffirmed that it is set to make major investments in Africa by 2016. “Our current investment proposal in Africa is to...

Peter Leon

Position: Partner Webber Wentzel and co-head of the mining, energy and natural resources practice group; co-chair International Bar Association (IBA) mining law committee Main activity of the company: Law firm Date and place of birth: Johannesburg...

TMX, LSE agree on blockbuster 'merger of equals'

Canada's TMX Group, which operates the Toronto Stock Exchange, the Montreal Exchange and the TSX Venture Exchange, has agreed to merge with the London Stock Exchange. The deal will create the top listings venue in the world by number of total...

A brief look at Niall Ferguson

Laurence A Tisch professor of history at Harvard University Niall Ferguson is also a William Ziegler professor of business administration at Harvard Business School, a senior research fellow at Jesus College, at Oxford University, a senior fellow...

Commodity rollercoaster won't stop in 2011

The past year could scantly have been better for miners, as commodity prices soured, and New York-based IHS Global Insight is expecting further gains next year. In his top 10 economic predictions for 2011, chief economist Nariman Behravesh this...

Commodities keep on rolling

Good things come in twos for commodities, it would seem. The past week has seen a slew of news about two-year price highs achieved by a range of commodities. Energy coal prices are one – a Bloomberg story even said UK power producers are...

Zoellick's call is yet another boost for gold – Randgold Resources

The call of World Bank president Robert Zoellick for a global standard to guide currency rates is yet another boost for gold, says Randgold Resources CEO Dr Mark Bristow. Zoellick, a former US trade representative who served in several Republican...