Base Metals

Exxaro may consider Anglo zinc buy

Exxaro Resources is evaluating its own zinc assets before possibly taking a look at those of Anglo American, which has put them up for sale.

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

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...

Davies to probe Exxaro refinery closure

A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

ARM, Vale prepare to sell Lubambe “at the right price” –...

AFRICAN Rainbow Minerals (ARM) posted a 40% decline in headline earnings year-on-year largely owing to continued losses at its $400m Zambian copper mine Lubambe...

Friedland anticipates DRC’s ‘blue moon’ moment will end well

MINING entrepreneur, Robert Friedland, assured investors there would be a positive outcome concerning the new mining code in the Democratic Republic of Congo (DRC)...

Royalty hopes fade as Zambia’s PF takes lead

Higher royalties in Zambia look likely to stay after votes counted so far in a presidential by-election give the lead to the Patriotic Front's Edgar Lungu.

Hulamin positive about 2010

Hulamin says market conditions are showing some improvement and all the operations are well loaded going into 2010.

Vedanta chairman Agarwal fails to persuade Lungu to KCM winding up...

VEDANTA Resources failed to persuade Zambian president, Edgar Lungu, to change his country's position regarding the proposed liquidation of Konkola Copper Mines (KCM), the copper...

African Eagle’s change of play

African Eagle Resources is on the brink of major corporate changes as it drives its Dutwa Nickel project in Tanzania closer to development.

China saves face with Fortescue iron ore deal

Fortescue Metals broke ranks to forge a slightly cheaper iron ore price with Chinese steel mills in exchange for up to $6 billion in funding, giving Beijing's beleaguered industry group a much-needed face-saving win.