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Glencore sells Rosh Pinah, Perkoa to Trevali for $400m

GLENCORE is to sell two zinc mine in Africa for $400m to Trevali Mining Corporation, a Canadian listed company with ambitions to become a...

Orion Minerals agrees new $3.6m loan facility with Tembo, extends convertibles

ORION Minerals, a Johannesburg- and Sydney-listed exploration company, said it had agreed with lender, Tembo Capital, that the UK fund provide a $3.6m loan...

Pering zinc project delayed

Finalising funding for the Pering lead/zinc mine has been delayed by conditions in the credit markets according to Metmar.

Minmetals seals $1.3bn Anvil takeover

China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.

Congo vows to shut down illegal mining following tragedy at Kamoto...

THE Democratic Republic of Congo (DRC) would bring an end to illegal mining following an fatal accident on June 27 at the premises of...

Metorex surges on higher reserves

Metorex raised its copper and cobalt reserves, pushing its share price higher.

Collahuasi says plants working amid stoppage

Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

China saves face with Fortescue iron ore deal

Fortescue Metals broke ranks to forge a slightly cheaper iron ore price with Chinese steel mills in exchange for up to $6 billion in funding, giving Beijing's beleaguered industry group a much-needed face-saving win.

Orion wins loan extension in order to focus on exploration

This article has been corrected to show the placement with a lender was at a premium, not a significant discount as previously reported. ORION Minerals,...

KGHM says plans for large output rise unrealistic

Copper producer KGHM dropped plans to boost production by some 40% next year because it no longer planned to make a large acquisition of foreign deposits.