Chrometco narrows H1 loss to R1.86m
Chrometco, which is focused on the mining, concentrating and beneficiation of various minerals, has reported the narrowing of its first half net loss after it released reviewed interim results.
Palabora pays dividend despite fall in HEPS
Copper mining company Palabora Mining, which operates South Africa's largest copper mine, has declared a R6.20 dividend despite a 60% fall in its full year headline earnings.
Union wins 9% Palabora wage increase
Trade union Solidarity has secured a wage increase of 9% during negotiations with the country's largest copper mine, Palabora Mining.
Metorex in $100m equity raising
Metorex is raising R750m in a rights issue and is putting in place a $100m revised debt package at its flagship Ruashi copper project.
RUSAL shares fall on HK debut
UC RUSAL shares fall on their debut in Hong Kong over concerns about the Russian group's debt and legal issues.
Palabora earnings take a dip
Palabora Mining Company's earnings before interest, tax, depreciation and amortisation for the year ended December are expected to be between R 1.105bn and R1.139bn.
Equinox to hit 135,000t copper target this year
Equinox says its Lumwana copper project in Zambia will hit full production of 135,000 tonnes of copper this year. It is stockpiling uranium-bearing ore ahead of a decison whether to build a processing plant.
Palabora, union clash over wages
A trade union has declared a wage dispute with copper mining company Palabora Mining following a second round of wage negotiations.
BHP upbeat; eyes China commodities hunger
BHP Billiton says China's commodities demand surges in the last quarter of 2009, but it warned that a removal of a stimulus package there could slow recovery.
Zambia targets 750,000t copper this year
Zambia is on track to mine 750,000 tonnes of copper this year and expects to raise output to a million tonnes by 2012.