Chrometco s/holders to vote on Rooderand sale
Chrometco, the exploration and development company, says it will ask its shareholders to
vote on the sale of its Rooderand to DCM Chrome for R62m.
Highveld Q2 hot metal output jumps
Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1%
increase in year-on-year production in the second quarter of 2010.
Palabora production takes a dip
Copper mining company Palabora Mining, which operates South Africa's largest copper mine, has reported a 24% fall in first half copper concentrate production.
Copper output at Lumwana rises 59pct
Copper production at Equinox Minerals' Lumwana mine in Zambia, Africa's largest copper producer, rose 59% in the first half of 2010 due to improved efficiency, the company says.
Highveld confirms name change to Evraz Highveld
Highveld Steel and Vanadium, South Africa's second-largest steel producer, on Friday said it would trade under its new name Evraz Highveld Steel and Vanadium (EHS) from Monday July 19.
Metorex declares Lubembe resources estimate
Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.
First Quantum ‘shaken down’ in DRC
UK institution Numis Securities reckons First Quantum Minerals has been "shaken down" in the DRC but still rates the company as a strong buy because of its other assets.
Vale goes for Konkola North
UPDATED - Brazilian resource major Vale is to invest $400m on development of the Konkola North copper mine in Zambia which it owns through a joint venture with African Rainbow Minerals.
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.