First Quantum gives Sentinel resource update
First Quantum Minerals has provided a resource and capex update on its Sentinel copper project in Zambia.
First Quantum hurt by low copper output
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
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
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
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’
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
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.
BHP Billiton sells out of Richards Bay Minerals
BHP Billiton is selling its stake in titanium producer Richards Bay Minerals to partner Rio
Tinto; a move that is part of its strategy to exit the titanium sector which it deems
non-core.
Vedanta’s Konkola settles on 17% pay hike
Konkola Copper Mines, the Zambia miner owned by Vedanta Resources Plc, has awarded its workers a 17% pay increase, says a union official.
Anglo seeks Codelco talks as pressure piles up
Anglo American has urged Chile's Codelco to seek a negotiated deal to settle the
dispute over Anglo American Sur, labelling a criminal probe into the matter as
"completely inappropriate'.