Base Metals

Highveld production heats up

Steel producer Higveld Steel and Vanadum has reported a 31.4% increase in its hot metal production.

UK debutant AfriTin Mining to seek £20m from 2019

AFRITIN Mining, a tin development company that listed in London last week, anticipates it will need to raise £20m in order to restore production...

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...

Metorex sells stake in fluorspar

Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.

First Quantum increases copper production

Mining and metals company First Quantum Minerals increased its copper production for the second quarter of 2009 by 14%.

Metorex gives Ruashi clean bill of health

The transformer issues at Metorex’s flagship mine are a thing of the past, enabling the group to deliver while copper is trading at record highs, says management.

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.

JP Morgan in £1bn copper buys

Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.

Exxaro could keep KZ Sands going

Exxaro's KZ Sands titanium smelter could be saved by the recent upturn in the titanium market if the group can strike suitable deals with customers who want the smelter to stay in operation.

Vedanta’s KCM seeking urgent meeting with Zambian Govt. amid seizure plan

VEDANTA would seek an urgent meeting with the Zambian government after it filed notice of plans to seize the Indian firm's copper assets, held...