Base Metals

First Quantum pays $340m for Ravensthorpe

First Quantum, normally an operator of African-based assets, has made an astonishing move for one of BHP Billiton's costliest mistakes, the Ravensthorpe nickel mine in Australia.

Kalahari Minerals upbeat about results

Kalahari Minerals reports "exceptional" drilling results from Rossing South.

Base metals lack direction

The base metals complex has been lacking direction for the next convincing break, and in the absence of significant changes to the fundamentals, the markets are drifting on the back of macro news, says an analyst.

First Uranium closes transaction

First Uranium Corporation has closed a previously announced transaction with Gold Wheaton (Barbados) Corporation.

Metorex in last phase of rebirth

Diversified mining group Metorex says it is entering the last phase of its rebirth.

Miners, union lock horns over wages

Copper mining company Palabora Mining and trade unions look set to lock horns after wage negotiations got off to a "difficult start".

Copper prices are close to a 14-month peak

Copper prices are close to a 14-month peak.

Zinc smelters raise output, demand could disappoint

Surging zinc prices have persuaded smelters to ramp up production, but the assumptions they are making about demand from the still troubled steel sector could yet disappoint.

Kumba wants more say on Sishen

Kumba Iron Ore CEO Chris Griffith wants to participate directly in ownership and management of the Sishen-Saldanha line which he believes can be run better.

Japan smelters expect tough 2010 copper talks

Japanese smelters expect tough negotiations on 2010 copper processing fees as they face increased competition from refineries in China.