Base Metals

Glencore’s Zambia unit to keep copper mines running

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Glencore's Mopani Copper Mines has reversed a plan to suspend output at its copper mines because of a pick up in prices.

Exxaro to decide zinc restart next week

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Zincor plans to meet customers' short-term requirements and it will decide early next week when to restart halted operations.

Zambia copper mine output increases

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Zambia has projected a slight rise in 2009 copper output to 664,000 tonnes, compared with previous estimates of 600,000 tonnes due to rising production at the mines.

SA’s only zinc refinery closes temporarily

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South Africa's only zinc refinery, Zincor owned by Exxaro, temporarily stopped operations after three people were killed and a dozen more hurt in an explosion.

Guinea to probe 3 mining firms

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AngloGold Ashanti and RUSAL are among three firms into which the Guinea government will conduct an audit investigation.

Strategic investors approach Metorex

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Metorex says it might bring a strategic investor into the holding company or into its assets as part of a plan to address more than R2bn of debt in the group by December 2009.

Metorex focuses on cutting debt

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Metorex, which has sold off a number of assets, is continuing to look for ways to cut debt sharply by December. It posted disappointing full-year results.

Glencore’s Zambia unit to start new copper mine

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A unit of Swiss company Glencore International will develop an open pit copper mine in Zambia after authorities approved its proposal for the project.

Rio’s China iron ore talks suspended

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Global miner Rio Tinto has ceased iron ore price talks with Chinese customers, but it denied a media report the talks had ended because of the detention of its negotiators.

New Anglo zinc deposits in Southern Africa

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Anglo American says it has found a new zinc deposits near its Skorpion mine in Namibia and the Gambsberg deposit in South Africa.