Base Metals

Discovery focus on copper/silver

With a Japanese investor coming into its nickel exploration project, Discovery Metals can give undivided attention to a copper and silver project in southwest Botswana, which could be in production by end-2011.

Small rebound in Congo mining

Signs of life in M&A activity in Congo suggests investor confidence strengthening, while small-scale miners are being squeezed out of copper-rich Katanga province.

Vedanta unit starts new copper project

Vedanta launches a copper reclamation project in Zambia that will add 24,000 tonnes to the group's annual output.

Rio sell out Ghana bauxite mine

Rio Tinto is selling its 80 percent stake in Ghana's only bauxite mine to Chinese minerals group Bosai.

Rio, Ivanhoe in $3bn Mongolia deal

Rio Tinto and Ivanhoe Mines wrap up a $3bn deal to develop a copper and gold mine in Mongolia.

Metorex not out the woods

Metorex, which is selling assets to cut debt, has a fair way to go and one solution could be bringing in a strategic investor.

RUSAL restarts $2bn Hong Kong IPO

RUSAL, the world's leading aluminium producer, restarts plans to list on the Hong Kong stock exchange to raise $2bn.

CAMEC swings to a loss

CAMEC posts a full-year loss of $343m and says its plant in the Congo will be completed by the end of October. It reiterates has accepted a $955m takeover bid.

ARM seeks Zimbabwe coal and platinum

ARM looks for coal and platinum prospects in Zimbabwe. It is advancing its copper plays and has its Namibian gold project up for sale.

Newmont temporarily halts work at Indonesian mine

Newmont Mining has temporarily suspended mining operations at a copper and gold mine in Indonesia because of what it called "a geotechnical failure".