Base Metals

Xstrata in ‘deal of the century’

Xstrata has signed a deal with Peru giving it rights to start building its $4.2bn Las Bambas copper mine.

Metorex declares Lubembe resources estimate

Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.

China’s Chalco ships first bauxite from Guinea Boffa mine

ALUMINIUM Corporation of China (Chalco) shipped the first cargo of bauxite from its Boffa mine in Guinea, said Reuters citing a company spokesman on...

Glencore vows to strengthen Katanga controls amid probe

GLENCORE is to implement "structural and control changes" throughout its copper department following acknowledgement by Katanga Mining, in which it has an 86% stake,...

Trouble brewing as Zambia mines minister calls for audits in effort...

ZAMBIA may conduct audits at all its mines in order to check for some of the breaches it has imputed to Konkola Copper Mines (KCM),...

Ramaphosa praises Vedanta’s Gamsberg build – “… a mine left...

VEDANTA Zinc International officially opened its Gamsberg mine in a remote part of the Northern Cape on Thursday, with expansion prospects seen that could...

Zambia reports sharp rise in copper output

Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.

Vedanta keeps door open to Zambia talks as copper dispute takes...

VEDANTA Resources kept the door open to face-to-face talks with the Zambian government despite legal developments last week which sees fallout between the two...

Katanga appoints full time CEO

John Ross, COO of Katanga Mining, has been appointed CEO of the firm effective from January 2010, the company said.

Barrick submits compromise deal to Zambia Govt., but won’t rule out...

BARRICK Gold had submitted proposals aimed at reaching a compromise deal regarding new taxes from the Lumwama copper mine in Zambia, but it warned...