Base Metals

Alphamin in talks with lender to raise $12m after delays result...

ALPHAMIN, a Toronto- and Johannesburg-listed mining development company, is to raise $12m after identifying a working capital shortfall of $9m related to a change...

Third time lucky for Mowana as Van Wouw plots 21,000tpy mine

IT may be "third time lucky" for the Mowana copper mine near Francistown in Botswana where operations were restarted in March last year by...

Highveld confirms name change to Evraz Highveld

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.

Erik Prince to raise $500m fund to build mines supplying electric...

ERIK Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, said Reuters...

Copper soars on economic optimism

Copper and aluminium prices struck multi-month highs on Friday, fuelled by economic data suggesting global economic recovery may be on the way.

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...

Metorex H1 copper output up by 5pct

Junior miner Metorex says that during the six months ending in December 2010, its copper production increased 5% to 26 358 tonnes, while its cobalt production increased by to 2 021 tonnes.

Australian anti-dumping duty on China aluminium

Australia will impose an interim dumping duty of 16 percent on some aluminium extrusions from China.

Copper at 3-week high on fund flows, China data

Copper has hit a three-week high, lifted by fund allocations at the start of the year and by an expansion in China's manufacturing activity.

Kumba wants more say on Sishen

Kumba Iron Ore CEO Chris Griffith wants to participate directly in ownership and management of the Sishen-Saldanha line which he believes can be run better.