Base Metals

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.

Palabora granted new order rights

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SA's largest copper producer Palabora Mining says it has been granted the conversion of its mining rights.

Glencore snaps up Rosh Pinah

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Glencore International has taken its stake to Rosh Pinah, a zinc producer, to just over 80% after buying shares held by Exxaro Resources and other minorities.

Rio Tinto wins fight against Ivanhoe poison pill

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An abitrator has ruled a "poison pill" takeover defence erected by Ivanhoe Mines Ltd does not apply to global mining giant Rio Tinto, leaving Ivanhoe vulnerable to a takeover by Rio.

Minmetals extends Anvil offer

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Minmetals Resources has extended its offer for Anvil Mining until January 11, the company said.

Xstrata eyes benefits from copper supply woes

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Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.

Collahuasi says plants working amid stoppage

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Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

Glencore ‘leads bid’ for Exxaro’s Rosh Pinah

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Glencore International is emerging as the preferred bidder for the 50.04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, reports Bloomberg.

Anglo’s Barro Alto to pick up pace

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Anglo American's Brazilian nickel producer, Barro Alto, would reach full capacity in the second half of 2012, the company said.