Xstrata to develop Peruvian copper mine
Mining giant Xstrata says it will invest $1.47bn in developing a southern Peru copper mine, a move aimed at extending the life of its existing operations in the region.
Congo cries foul over First Quantum
The government of the Democratic Republic of Congo has claimed First Quantum Minerals has been conducting a smear campaign against it.
Xstrata resumes work on A$6bn mine
Xstrata, the biggest exporter of power-station coal, has resumed work on a A$6bn mine after Australia reduced a planned resource profits tax, says Bloomberg News.
Russia mulls SA anti-dumping duty
Russia has proposed slapping anti-dumping duties on imported nickel-containing steels from China, South Korea, Brazil and South Africa.
Zambia blackout shuts copper mines
A nationwide power blackout on Friday forced copper mines in Zambia, Africa's top producer of the metal, to halt output.
African Eagle doubles Dutwa nickel resource
African Eagle Resources Plc has more than doubled the size of the resource estimate at its Dutwa nickel project in Tanzania, the firm says.
Metorex Ruashi plant back on stream
Metorex, the base metals mining group, says a planned shutdown to carry out essential maintenance at the Ruashi Mine in Congo (DRC) had been completed.
Ruashi plant shut for maintenance
Metorex, a focused base metals mining group, says it plans to shut down its Ruashi plant in the DRC to carry out essential maintenance work.
African Eagle, Macquarie Harbour in gold JV
African Eagle Resources and ASX-quoted minerals group Macquarie Harbour Mining have signed a Letter of Intent to enter a joint venture to develop a gold mine at African Eagle's Miyabi project in Tanzania.
Anglo sells zinc assets in $1.3bn deal
Anglo American took another step in a strategy to divest of non-core assets agreeing to sell its zinc mines in southern Africa and Europe for $1.3bn to India focused base metals group, Vedanta.