Vale lets go of Metorex
Metorex says it has been told by Vale that the Brazilian group will not submit a new offer to top a bid to acquire it by China's Jinchuan Group.
Vale’s Metorex quest likely to end
The chance of a bidding war breaking out for Metorex is doubtful, especially as Jinchuan has set down plans to further improve its R8.90 per share offer.
Vale’s the only offer, says Metorex
Metorex says it has still received no firm offer from any party other than Brazil's Vale, which has made a $1.1bn offer for it.
First Quantum to repay $224m to Zambian fiscus
First Quantum Minerals has agreed to pay Zambia $224m in tax arrears by Friday, says a senior government official.
Another suitor for Metorex
Metorex, which is a $1.1bn target for Brazil's Vale, says it has received an interest from another party to acquire the company.
China versus Brazil over Metorex
Market speculation is that a Chinese contender - most likely Jinchuan Mining - has made a play for Metorex in opposition to the bid by Brazilian resource giant Vale.
Metorex sets date for Vale vote
Metorex shareholders will vote on Brazilian group Vale’s takeover offer on July 22 - the date chairperson Rob Still had hoped to be in Iceland on a fishing trip.
Metorex sells Sable Zinc
Metorex has sold its Sable Zinc processing plant in Zambia to Glencore, dealing with one of the issues which has delayed its proposed acquisition by Brazilian resource giant Vale.
Exxaro seeks bid for zinc assets
Exxaro has invited bids for its stake in a zinc and lead mine in Namibia and ownership of a refinery in SA in a move to exit the zinc business, says an official.
Decision on Wild Coast mining imminent
A decision by Mineral Resources Minister Susan Shabangu is imminent on an appeal to stop her granting rights to mine titanium from sand dunes along a pristine stretch of the Wild Coast.