miner Abbott may collect millions from LME sale
By Susan Thomas LONDON (Reuters) - From straitened origins in coal mining and the rag trade, Martin Abbott is in line for a major windfall as the 135-year-old London Metal Exchange goes under the hamm... The Guardian

JSE stays weaker, gold stocks rally
Johannesburg - The JSE remained on the back foot during midday trading on Friday, tracking negative global investor sentiment. | But gold shares bucked the trend, rallying on the back of the firmer sp... News24

Indonesia Nickel-Ore Ban Sends Sumitomo Looking for Supply
| , Jakarta:Restrictions on nickel-ore exports by Indonesia may force Japan, the world’s third-largest producer of refined metal, to source raw material from other suppliers or reduce output, Sumitomo... Tempo Interactive

Benton identifies awaruite at Goodchild project and reports Saganaga assays from drill program
| THUNDER BAY, ON, May 18, 2012 /CNW/ - Benton Resources Corp (TSX.V: BTC) ("Benton" or "the Company") is pleased to announce that recent analyses have identified the mineral awaruite in drill core fr... Canada Newswire

JSE stays weaker, gold stocks rally
| THE JSE remained on the back foot during midday trading on Friday, tracking negative global investor sentiment. | But gold shares bucked the trend, rallying on the back of the firmer spot price of t... Business Day

South Africa Output Less Than Forecast, Gordhan Says
| South Africa’s economic growth in the first quarter will probably be slower than forecast after weak mining and manufacturing production, and retail sales data, Finance Minister Pravin Gordhan sai... Bloomberg

JSE slides at open on risk aversion
The JSE slid during its opening session on Friday, in line with main global stock markets, amid the heightened risk aversion stemming from the eurozone situation. | At 09:20 local time, the JSE all-sh... Independent online

Export Tax Will Erode Profits, Indonesian Coal Exec Complains
A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining companies’ profits but also cause problems in the domestic market, which won’t be... Jakarta Globe

South Africa
| Metals & minerals | Global Platinum Conference: Focus on Southern Africa, | Johannesburg, | June 5–6, 2012, | Tel +61 (0) 2 9080 4307, | Email info@informa.com.au, | www.immevents.com/glob... Mining Weekly

Workers to strike at BHP Billiton Australia coal mines
PERTH (Reuters) - Workers at global miner BHP Billiton's Bowen Basin mines will strike for seven full days starting late next week after voting to reject a new employment contract proposed by BHP for ... The Guardian

Export tax expanded to 65 mineral categories
| The Finance Ministry has expanded a 20 percent export tax to 65 mineral categories from only 14 proposed earlier this month, but coal is exempt from the new tax policy. | “Today, the government ha... Jakarta Post

Prototype fuel cell locomotive being tested at Rustenburg mine
| Anglo American Platinum (Amplats) last week launched the first of five fuel-cell- powered locomotive prototypes to be tested at its mining operations in South Africa. | The first locomotive would be... Mining Weekly

Discipline of and reliance on health and safety officers vital
| The role of discipline in the improvement of mine health and safety, as well as the role of health and safety officers and representatives upholding health and safety standards on mines, is of great... Mining Weekly

S&P Capital IQ Initiates Coverage on Prophecy Platinum Corp in Standard & Poor’s Factual Stock Reports
| NEW YORK--(BUSINESS WIRE)--S&P Capital IQ announced today that it has commenced Standard & Poor’s Factual Stock Report coverage on Prophecy Platinum Corp. | Prophecy Platinum Corporation (... Business Wire

World Wildlife Fund Report Makes the Case for Space Resource Extraction
| The World Wildlife Fund has issued a report that states that by the year 2030, the human race will need “two Earths� in order to sustain its current lifestyle, according to the Huffington Post. ... The Examiner

Mine worker wounded in union clash
A mineworker was wounded in a clash between members of rival unions at a Rustenburg mine on Thursday morning, police said. | Brigadier Thulane Ngubane said several Impala Platinum (Implats) workers be... Independent online

Rival unions clash at Implats' troubled Rustenburg mine
| Supporters of both NUM and AMCU clashed at two different locations on the mine property, requiring the intervention of the South African Police Services, Implats says. RELATED STORIES |   Impla... Mineweb

Explorer's property has multiple copper deposit potential
| Q&A with White Tiger Mining (V.WTC) President Ronald Coombes | Describe White Tiger Mining Corp. | White Tiger Mining Corp. (TSX: V.WTC, Stock Forum) is a junior exploration company that trades on t... Stockhouse

Russia Polyus bets on London premium listing in June
MOSCOW (Reuters) - Polyus Gold , Russia's largest gold producer, aims to apply for and obtain a full share listing on the London Stock Exchange next month after it sold stakes to China's CIC and Russi... The Guardian

Implats: rival unions clash at Rustenburg mine
Impala Platinum, the world's second-largest platinum producer, said rival unions had clashed at its troubled Rustenburg mine on Thursday but police had intervened. | An illegal strike and union turf w... Independent online