Monday, November 20, 2017

Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.

Anglo American's fall in interim earnings will be overshadowned by its efforts to show it does not need to merge with Xstrata.

China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.

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.

Rio Tinto agreed to remove equipment from two disputed iron ore concessions in Guinea awarded to a private firm which is seeking partners to develop them.

South African investors will not be able to subscribe for shares in African Eagle's rights offer despite the fact the company is listed on the JSE.

Mining and metals company First Quantum Minerals increased its copper production for the second quarter of 2009 by 14%.

Copper-in-concentrate production by Palabora Mining, the Rio Tinto company, fell year on year by 14%, the company said today.