Base Metals

Copper surges to 16 month high on strikes

Copper rose to a 16 month high on news that a strike had officially been called at Codelco's Chuquicamata, the world's second largest copper mine.

Vedanta’s Gamsberg to rival Sishen for economic importance in Northern Cape

VEDANTA Resources is starting to ramp-up production from its Gamsberg zinc mine at Aggeneys in the Northern Cape in a development which has huge...

First Quantum in $260m purchase

First Quantum Minerals has unveiled a $260m cash and shares bid for junior exploration group Kiwara, which has early stages prospects in Zambia.

Minmetals seals $1.3bn Anvil takeover

China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.

Xstrata eyes benefits from copper supply woes

Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.

SA’s only zinc refinery closes temporarily

South Africa's only zinc refinery, Zincor owned by Exxaro, temporarily stopped operations after three people were killed and a dozen more hurt in an explosion.

Anglo bullish on year-end production for South American copper assets

ANGLO American looked to end 2018 on a high as it prepared to tell investors on a site visit to its South American copper...

Codelco workers strike over privatisation fears

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

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.

Zambia not turning sights on First Quantum Minerals amid KCM fallout

THE Zambian government would not seize the assets of First Quantum Minerals, a Toronto-listed firm that has been operating in the southern Africa country...