Base Metals

Copper prices are close to a 14-month peak

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Copper prices are close to a 14-month peak.

Zinc smelters raise output, demand could disappoint

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Surging zinc prices have persuaded smelters to ramp up production, but the assumptions they are making about demand from the still troubled steel sector could yet disappoint.

Japan smelters expect tough 2010 copper talks

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Japanese smelters expect tough negotiations on 2010 copper processing fees as they face increased competition from refineries in China.

Kumba wants more say on Sishen

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Kumba Iron Ore CEO Chris Griffith wants to participate directly in ownership and management of the Sishen-Saldanha line which he believes can be run better.

Iron ore shortage expected by 2013

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Kumba Iron Ore says the iron ore supply demand balance indicates a potential shortage will develop in sea borne iron ore by 2013/14.

First Quantum in $260m purchase

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First Quantum Minerals has unveiled a $260m cash and shares bid for junior exploration group Kiwara, which has early stages prospects in Zambia.

BHP unlikely to make fresh Rio bid

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Chances are slim of BHP Billiton making another attempt to take over Rio Tinto, analysts say.

Metorex drops Ruashi output forecast

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Metorex lowers its copper output forecast at its Ruashi plant by 20%, but there's an upside, with production costs expected to drop from improved cobalt credits.

Jinchuan out of bidding for Ravensthorpe nickel

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Jinchuan out of bidding for Ravensthorpe nickel.

Australian anti-dumping duty on China aluminium

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Australia will impose an interim dumping duty of 16 percent on some aluminium extrusions from China.