Base Metals

Vedanta wins urgent interdict against provisional liquidation of KCM by Zambia

A DISPUTE between Vedanta Resources and Zambia's ZCCM-IH regarding their respective investments in Konkola Copper Mines (KCM) ought to be settled in terms of...

Zambia lifts metals export ban

Zambia has lifted a ban on metal exports just two days after imposing it to sort out irregularities and increase transparency, says a minerals ministry official.

Zambia mines minister lifts veil on alleged abuses committed by Vedanta’s...

THE Zambian government had applied to liquidate Konkola Copper Mines (KCM) because of the firm's alleged environmental and financial regulation breaches. This is the view...

Orion to weigh funding options as Prieska zinc-copper study nears completion

ORION Minerals has set about the task of how it will raise finance for its Prieska zinc-copper project, a brownfield development set in South...

SA crude steel output doubles

South African crude steel production is up 51.1% year-on-year to an estimated 710 000 metric tonnes in January, the World Steel Association reportes.

Metorex focuses on cutting debt

Metorex, which has sold off a number of assets, is continuing to look for ways to cut debt sharply by December. It posted disappointing full-year results.

Zambia to double copper royalties

Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.

Weak China copper demand drives surplus

The global copper market showed a supply surplus of 777,000 tonnes in 2009 due to weak demand from economies outside of China, GFMS says.

Copper gains around 1%

Copper futures rose 1% on Wednesday, reversing early losses in a choppy trading pattern that is set to continue as investors weigh increasingly positive data against fears the rally is overdone.

Anglo American’s Quellaveco copper mine tipped to “print money for a...

ANGLO American sounded a bullish note regarding its Quellaveco copper project in Peru telling reporters the asset would "print money for a long time"...