Base Metals

Exxaro finalises Ross Pinah sale

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Exxaro Resources says it has finalised the sale of its 50.04% interest in Rosh Pinah Zinc to Glencore International.

Codelco fails in bid for Anglo’s Chile profits

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Chile’s Codelco has failed in its bid to seize more than $200m in profits from Anglo American operations in the South American country over which it claims part ownership.

Anglo’s Chile mines normal after quake

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Anglo American's central Chilean mines are operating normally after a strong quake, Reuters reported on Tuesday, citing a company source.

First Quantum gives Sentinel resource update

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First Quantum Minerals has provided a resource and capex update on its Sentinel copper project in Zambia.

First Quantum hurt by low copper output

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Fourth quarter net earnings are some 83% lower owing to lower copper production and prices for the metal during the period.

First Quantum’s Kansanshi grinds to halt

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Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have been halted as labour demands 17% higher wages.

Minmetals seals $1.3bn Anvil takeover

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China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.

Chile backs Codelco in Anglo fight

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The Chilean government is ready to support state mining company Codelco to the end in its bitter legal fight with Anglo American, says the Deputy Mines Minister.

Codelco, Anglo secret talks ‘failed’

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Two months of secretive talks between Codelco and Anglo American have failed to resolve a stake option dispute, so a legal battle is for now the only way forward, says Codelco's CEO.

BHP, Rio approve $4.5bn Escondida expansion

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BHP Billiton and Rio Tinto have raised their bets on global copper demand, approving plans for a $4.5bn expansion of the massive Escondida mine in Chile.