Higher demand outlook aids copper rally
Copper is continuing its record-breaking run, buoyed by positive manufacturing data from around the world.
Copper soars to record on ETF buys
Copper prices have charged to an all-time high as shipment delays and robust prospects further fuelled demand from investors, who have started buying into a new exchange fund.
Zambia sees new metal export rules in Q1
Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.
Vale’s Metorex quest likely to end
The chance of a bidding war breaking out for Metorex is doubtful, especially as Jinchuan has set down plans to further improve its R8.90 per share offer.
Anglo’s copper target unaffected by Chile row
Changes in the ownership structure of Anglo American Sur will not detract from the group’s longer term production ambitions for copper, says an Anglo American company executive.
First Quantum says Zambia strike illegal
First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.
Metorex regains some lost ground
Metorex shares have staged a small comeback as worries subside over whether its proposed takeover deal by China’s Jinchuan Group is in danger of being terminated.
JP Morgan denies LME copper ‘buy-out’
US investment bank JPMorgan says it does not hold more than 90% of copper stock warrants in London Metal Exchange warehouses, but has declined to comment on whether it has a smaller position.
Metorex set to ride copper wave
Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.
Vale makes takeover offer for Metorex
Brazil's Vale, the world's largest producer of iron ore, has made an offer to acquire Metorex for R7.5bn, the two companies said.