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Swiss police raid billionaire Beny Steinmetz's home

The Geneva home of Beny Steinmetz, the billionaire natural-resources investor who is Israel's richest person, was raided by Swiss police, according to a person familiar with the matter. The raid was ordered by Geneva's public prosecutor following a request by the...

Rio Tinto's giant Mongolian mine gets new CEO

The top copper marketing executive at Rio Tinto Ltd. will take over as the head of Oyu Tolgoi, the giant Mongolian copper and gold mine controlled by Rio Tinto, Oyu Tolgoi said on Wednesday. Oyu Tolgoi's board, including three new Mongolian members, approved the...

Expansion and contractions at Glencore Xstrata

Glencore Xstrata to pursue $3bn iron ore project in Congo Mega miner Glencore Xstrata and London-listed junior partner Zanaga Iron Ore Company have decided to move forward with the assessment of their vast iron ore mining project in the Republic of Congo, which may...

South Africa: AngloGold Toxic Mine-Waste Spill

AngloGold Ashanti Ltd said toxic waste it spilled recently affected 1.6 kilometres (1 mile) of a tributary of South Africa's Vaal River in at least the second leak from its Mine Waste Solutions unit in the past five months. See...

A stutter start for iron miners in Sierra Leone

London-listed African Minerals Ltd gravely missed its predictions for output in 2012, but the country's large miners are gearing up for expansion as smaller ones are told to use or lose their licences. As Sierra Leone plans to unleash a new wave of regulators and tax...

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