Base Metals

ENRC, First Quantum settle DRC dispute

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Kazakh miner ENRC has agreed a $1.25bn settlement with First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the DRC.

Zambia govt mediating in First Quantum strike

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Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.

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.