Wednesday, March 21, 2018

AUSTRALIAN base metals exploration firm, Orion Minerals, said it had applied for a secondary listing on the Johannesburg Stock Exchange which would expand its...

Brazil's Vale, the world's largest producer of iron ore, has made an offer to acquire Metorex for R7.5bn, the two companies said.

Chrometco, which is focused on the mining, concentrating and beneficiation of various minerals, has reported the narrowing of its first half net loss after it released reviewed interim results.

London copper fell nearly 1% percent as investors paused after a recent rally pushed the price to nine-month highs, but they remained mostly bullish.

Copper production at Equinox Minerals' Lumwana mine in Zambia, Africa's largest copper producer, rose 59% in the first half of 2010 due to improved efficiency, the company says.

Rio Tinto and Ivanhoe Mines wrap up a $3bn deal to develop a copper and gold mine in Mongolia.

Glencore's Mopani Copper Mines has reversed a plan to suspend output at its copper mines because of a pick up in prices.

Highveld Steel and Vanadium, South Africa's second-largest steel producer, on Friday said it would trade under its new name Evraz Highveld Steel and Vanadium (EHS) from Monday July 19.

Tom Albanese, CEO of Vedanta Resources, said there may be more cuts in copper output at Konkola Copper Mines if the power shortage problem intensified.

Anglo American's dealings with the world's top two copper nations producing - Peru and Chile - took a turn for the better.