Base Metals

Smelters, BHP settle 2012 copper charges

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China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.

First Quantum says Zambia strike illegal

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First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.

Anglo, Codelco tension grows in Sur row

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Anglo American says it is not obliged to sell Codelco anything as the Chilean state-owned miner exercises a right to buy 49% in Los Bronces copper mine and other properties.

First Quantum says workers on strike in Zambia

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Workers at the Zambian unit of Canada's First Quantum Minerals have gone on strike for a 100% pay rise, bringing production to a halt at the country's largest copper mine.

Copper at 3-week high on fund flows, China data

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Copper has hit a three-week high, lifted by fund allocations at the start of the year and by an expansion in China's manufacturing activity.

Copper heads for first drop in three years

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COPPER is headed for its first annual drop in three years due to worries that demand growth for the industrial metal may falter.

Metorex, Jinchuan deal clear all hurdles

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Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China's Jinchuan Group.

Anglo American, Codelco face off in court

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Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.

Zambia sees new metal export rules in Q1

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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.

Anglo sues Codelco over contract breach

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Anglo American has sued Chile's Codelco for breach of contract in a dispute over the diversified miner's south Chilean assets.