Base Metals

BHP to play hardball on China refining fees

0
BHP Billiton is holding out for a hefty cut in copper treatment and refining charges with Chinese and Japanese copper smelters which are suffering the effects of margin shrinkage.

First Quantum target Kiwara loss widens

0
Kiwara, a company First Quantum hopes to complete buying in February, widened its loss in the six months ended-September.

Katanga appoints full time CEO

0
John Ross, COO of Katanga Mining, has been appointed CEO of the firm effective from January 2010, the company said.

Alcoa in $10.8bn aluminium complex plan

0
Alcoa revisits financing plans to join Saudi Arabian firm, Maaden, aimed at building a bauxite mine and aluminium smelter with total metal output of 740,000 tonnes/year.

BHP tipped to rapidly exit nickel business

0
BHP Billiton, having already quit some of its nickel business, is expected to reverse out of the industry completely, and quickly, analysts say.

Kiwara may consider First Quantum deal

0
Base-metals exploration company Kiwara says the High Court of Justice in England and Wales has granted it an order allowing it leave to consider First Quantum Minerals' offer to takeover the company.

Metorex gets shareholder thumbs-up

0
Mining group Metorex is set to move ahead with the sale of its entire stake in Vergenoeg Mining Company after securing shareholder approval.

Copper marches on brighter prospects

0
Copper, which is a leading indicator on wider economic prospects, was on the march on optimism 2010 would be a year of improved demand.

Metorex restructures copper hedge

0
Metorex has restructured its copper hedge book, achieving a far better price on more than half the tonnage still sold forward to June 2011.

China brands BHP/Rio tie-up a monopoly

0
China's steel industry "firmly opposes" BHPBilliton and Rio Tinto's iron ore joint venture, calling it a "monopoly in disguise".