Base Metals

BHP unlikely to make fresh Rio bid

Chances are slim of BHP Billiton making another attempt to take over Rio Tinto, analysts say.

Metorex allays Jinchuan pull-out fears

Metorex says its proposed takeover by Jinchuan is proceeding according to plan, despite a drop in its share price on fears the Chinese commodities giant is having second thoughts.

Royalty hopes fade as Zambia’s PF takes lead

Higher royalties in Zambia look likely to stay after votes counted so far in a presidential by-election give the lead to the Patriotic Front's Edgar Lungu.

Anglo donates to reconstruct Chile

Global resources giant Anglo American has donated $10m which will be allocated to projects to rebuild houses and schools and implement emergency water and electricity services following the devastating earthquake in Chile.

Cons Murch goes into business rescue

Consolidated Murchison has been put into business rescue proceedings after a deal to sell the company to Australian junior Stibium Mining fell through.

Copper hits record after strong China data

Copper prices have risen to a record $9,103 a tonne, buoyed by strong Chinese macro-economic and output data.

Delays may sink Anglo’s Codelco court bid

Chile’s courts may not hear Anglo American’s bid in time to overturn an injunction which prohibited the diversified miner from selling further stakes in Anglo American Sur.

Vedanta raises prospect of more copper cuts

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.

Vedanta dismay as Zambia High Court rejects application, Lungu lines up...

VEDANTA Resources expressed dismay at a High Court decision in Lusaka today in which the judge rejected the firm's application to be joined to liquidation...

Vale lets go of Metorex

Metorex says it has been told by Vale that the Brazilian group will not submit a new offer to top a bid to acquire it by China's Jinchuan Group.