Metorex allays Jinchuan pull-out fears
Metorex says its proposed takeover by Jinchuan is proceeding according to plan, despite a drop in its share price on fears the Chinese commodities giant is having second thoughts.
China snaps up another African copper player
China's Minmetals Resources has agreed to buy Africa-focused copper miner Anvil Mining for $1.28bn as the state-controlled company expands its global reach.
Exxaro to spin out titanium business
Exxaro Resources is to spin off its heavy minerals sands operations into a separate company which will be listed on the New York Stock Exchange.
Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.
Anglo to build $3bn Peru mine in 2012
Anglo America will start construction on its $3bn Quellaveco copper mine next year, says the company's Peru chief.
Blackthorn keen on Glencore JVs
Blackthorn Resources, an Australian company operating in Africa, said it would sign up for more joint ventures with Glencore in the African zinc industry.
Rio Tinto to sell out of Palabora
Rio Tinto's retreat from South Africa continues with the news that it will sell its controlling stake in copper producer Palabora after getting rid of its Chapudi coal project last year.
Metorex sets up next DRC project
Metorex more than doubled profits in the six months to June which should please new
owners Jinchuan whose bid for the company was overwhelmingly accepted by
shareholders on Friday.
Metorex sees delisting before year-end
Metorex is expecting November 25 to be its last day of trade on the JSE before it is taken over by Chinese metals group Jinchuan.
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.