Base Metals

Zambia sees new metal export rules in Q1

Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.

Metorex expects no earnings surprise

Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.

Copper soars to record on ETF buys

Copper prices have charged to an all-time high as shipment delays and robust prospects further fuelled demand from investors, who have started buying into a new exchange fund.

Hulamin in R750m rights issue

Hulamin will conduct a R750m rights issue to cut debt levels and ensure growth for the semi-finished and fabricated aluminium products company.

DRC’s mining sector doubles revenue payments to $1.57bn in 2018

THE Democratic Republic of Congo’s (DRC's) mining sector paid $1.57bn in revenues to the government last year, up 91% on 2017, said Reuters which...

Exxaro shuns Corridor Sands

UPDATED - Exxaro urgently needs to find extra feedstock for its KZN titanium smelters but the Corridor Sands heavy sands deposit in Mocambique does not fit the bill.

Zambia blackout shuts copper mines

A nationwide power blackout on Friday forced copper mines in Zambia, Africa's top producer of the metal, to halt output.

Palamin discount turns on China red-tape

Bureaucracy in China has held up many-a-mining deal and, in some cases, led to investor disappointment - a factor behind the discount in Palabora Mining.

Gecamines sues to “dissolve” Glencore-controlled Kamoto Copper

Gecamines - the mining and trading company owned by the government of the Democratic Repubic of Congo (DRC) - has started legal proceedings...

Orion reports more good drill results from the Prieska project

Orion Minerals has reported further encouraging drilling results from its Prieska zinc-copper project in the Northern Cape and has started looking at whether it...