Base Metals

Blackthorn keen on Glencore JVs

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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

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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

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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

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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

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A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.

Grupo Mexico net doubles

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Mexican miner and railroad operator Grupo Mexico says its profit doubled in the second quarter, boosted by higher metals prices and output.

Collahuasi unions join Escondida in strike

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Workers at Chile's Collahuasi have put down their tools over unmet labour demands, compounding worker unrest as a strike at top global copper mine Escondida enters a ninth day.

Exxaro to shut Zincor

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Exxaro Resources has decided to shut down permanently its loss-making Zincor plant near Springs after being unable to find a buyer.

Metorex output stays flat

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Copper producer Metorex has said first-half copper output rose 1% compared with the preceding six-months, while production of cobalt fell 6%.

Codelco workers strike over privatisation fears

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Workers at the world's largest copper producer, Chile's Codelco, have gone on strike over modernisation plans they fear amount to privatization.