Base Metals

Quake copper losses minimal

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Mining giant Anglo American said its operations lost less than 1 500 tonnes of copper during the stoppage of its Chilean operations after Saturday's earthquake.

Metorex trends in the right direction

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Metorex is trending in the right direction at its copper and cobalt projects despite a forecast blip in the March quarter due to adverse weather and electrical problems at its Ruashi plant.

Rio Tinto get Sulawesi nickel permit

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Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2bn.

Copper at 5-week top after Chile earthquake

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Copper mines in Chile are slowly restarting after an earthquake in the South American country. LME copper prices are at their highest since 20 January.

Anglo ramps up Chilean operations

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Anglo American has confirmed that it has started to ramp up production at the four operations effected by the massive earthquake which struck Chile.

SA crude steel output doubles

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South African crude steel production is up 51.1% year-on-year to an estimated 710 000 metric tonnes in January, the World Steel Association reportes.

Xstrata may be forced to shut Mt Isa

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Xstrata may be forced to shut some of Mt Isa operations.

Union rejects Metorex wage offer

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Trade union Solidarity has rejected what it describes as the skimpy wage increase offer of 3% by Metorex's Consolidated Murchison Mine outside Phalaborwa during the first round of wage negotiations.

Metorex earnings expected to fall

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Diversified mining group Metorex expects its first half headline earnings to be between 13c per share and 15c per share from 48c per share the year before.

First Quantum’s Zambia mine hit by power outage

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First Quantum's Zambia mine is hit by power outage, costing the largest single mine in the country $10m a day.