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A mine worker is seen underground in South Deep mine

Siphiwe Sibeko / REUTERS

Namibia: mine minister to explain state mineral company

Namibia's mines minister will hold a news conference later on Tuesday to discuss a recently-formed state mining company which has been given a monopoly on future mining rights for strategic minerals, including uranium.

Great Western gets nuclear OK for S.Africa mine

Great Western Minerals said on Monday it had received full approval from the South African nuclear regulator to begin refurbishing the Steenkampskraal rare earth mine.

Kenya oil firm predicts higher fuel prices in May

A leading Kenyan oil marketer, KenolKobil said on Monday it expects local pump prices to rise sharply at the next monthly fuel review, which is likely to put pressure on inflation.

Gold mining giants battle for few remaining takeover targets

Only a handful of junior miners are left that could conceivably give a significant boost to Barrick's reserves, or those of other top producers such as Goldcorp (G.TO), Newmont Mining (NEM.N) and Kinross Gold (K.TO).

A woman walks on a floor advertisement for Sony Corp's PlayStation 3 game console at an electronic store in Tokyo April 27, 2011

Sony removes data posted by hackers, delays PlayStation restart

Sony said on Saturday it had removed from the Internet the names and partial addresses of 2,500 sweepstakes contestants that had been stolen by hackers and post...

IPO

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Formula One IPO in the Fast Lane

Formula One Gets Greenlight for $3 Billion Flotation

09:53 AM ET

Media sources say that motor racing giant Formula One has gained approval for an initial public offering worth nearly $3bn on Singapore's stock exchange.

Retail

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Burberry Wins Counterfeit War; Awarded £63 Million in Damages

Burberry Shares Drop as Investment Set to Hit Profits

09:15 AM ET

Burberry reported full-year profits of £366m - a 24 percent rise - but said a new investment of around £200m could hit future profitability.

Technology

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Steve Ballmer: New Windows 8 Was Designed to Dominate

Steve Ballmer: New Windows 8 Was Designed to Dominate

04:34 AM ET

Microsoft is all set to deploy a re-engineered Windows system on its new Windows 8, which replaces the highly successful Windows 7.

Financial

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Northern Rock

Northern Rock Rescue Could Cost UK Taxpayer £2 Billion, Says NAO

07:42 AM ET

Treasury committed itself before looking in detail at the possible consequences for the taxpayer, says NAO.

Inside UK.IBTimes.com