Base Metals

Copper to outperform base metals – Goldman

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Metals prices will diverge to follow their own fundamentals during 2011 as emerging market economies drive ahead and demand recovers in developed nations, says Goldman Sachs.

Grupo Mexico net doubles

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Mexican miner and railroad operator Grupo Mexico says its profit doubled in the second quarter, boosted by higher metals prices and output.

Codelco workers strike over privatisation fears

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Workers at the world's largest copper producer, Chile's Codelco, have gone on strike over modernisation plans they fear amount to privatization.

Cashed up Anglo may use interims to approve $6bn Quellaveco

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ANGLO American was likely to give the green light to its Quellaveco copper project at its interim results presentation, scheduled for July 26, said...

Zambia’s Equinox described by Barrick chairman as world’s worst deal

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BARRICK executive chairman, John Thornton, described the firm's 2011 purchase of Equinox Minerals, a company that contains the Lumwana copper mine in Zambia, as...

Hayes in “Rethink” on Concordia copper plan after lessons learned

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It’s been three years since Miningmx first wrote about Namaqualand-based mining entrepreneur, Shirley Hayes, and her plans to resurrect copper mining on the site...

Naidoo seizes chance as Vedanta’s Agarwal unfurls Africa strategy

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Vedanta Resources has been picking up the shoes in southern Africa that Anglo American has cast off in its eagerness to woo shareholders in...

Van Wouw calls in the “heavies” as the Mowana copper mine...

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Turning the troubled Mowana copper mine in Botswana around has proved more problematic than Cradle Arc CEO - and controlling shareholder - Kevin van...

Alphamin imposes “strict protocols” following Ebola outbreak in DRC

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Alphamin  Resources - the Toronto and Johannesburg listed junior miner  operating in the Democratic Republic of Congo (DRC) - is “monitoring closely” the latest...

Jubilee Metals buys Glencore zinc refinery for $22.5m in shares and...

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JUBILEE Metals Group has bought a refinery for $22.5m in shares and debt from Glencore which it will use to process material from its...