Metorex Ruashi mine exceeds copper production
Metorex's flagship Ruashi mine exceeded company expectations in the June quarter, overshooting production expectations by nearly 1,000 tonnes.
Metorex sells stake in fluorspar
Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.
Anglo strategy to trump results
Anglo American's fall in interim earnings will be overshadowned by its efforts to show it does not need to merge with Xstrata.
CNMC to start copper mine
China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.
London copper pauses after rally
London copper fell nearly 1% percent as investors paused after a recent rally pushed the price to nine-month highs, but they remained mostly bullish.
Rio exits Guinea iron ore blocs
Rio Tinto agreed to remove equipment from two disputed iron ore concessions in Guinea awarded to a private firm which is seeking partners to develop them.
African Eagle avoids JSE
South African investors will not be able to subscribe for shares in African Eagle's rights offer despite the fact the company is listed on the JSE.
First Quantum increases copper production
Mining and metals company First Quantum Minerals increased its copper production for the second quarter of 2009 by 14%.
Copper concentrate down at Palabora Mining
Copper-in-concentrate production by Palabora Mining, the Rio Tinto company, fell year on year by 14%, the company said today.