Anglo American nears the sale of its $1bn-plus zinc businesses.
With more than R586m flowing into the company, Metorex has put in an extra copper hedge at its Ruashi project to ensure it can repay a $100m loan if the metal's price falls.
African Eagle Resources, the AltX-listed mineral resources company, has reported further positive drilling results from the Ngasamo Hill Deposit at its Dutwa Nickel project in Tanzania.
Zambian January copper production falls 13pct year-on-year on mine closures.
Electricity service returns to key copper mines in Chile, but shaky supply could continue to hit mining operations.
Uranium mine development and exploration company Extract Resources says it expects to release an updated resource estimate on its Rossing South project in the third quarter of 2010.
Copper prices rise on data showing stronger-than-expected Chinese imports of the metal, quelling some concerns that demand might be softening in the world's top base metals consumer.
Mining group Xstrata plans to sell its highest-cost thermal coal mines in SA, industry sources say.
Global diversified miner Xstrata, which has alloys, coal and platinum operations in South Africa, says it has received formal notification from Glencore International informing its of Glencore's exercise of its option to acquire the Prodeco coal operations.
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.