Base Metals

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.

Chambishi to restart metal production

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Chambishi Metals, which shut owing to losses related to the global economic slowdown, would restart output later this week, its CEO said.

Transnet assesses manganese options

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Transnet is looking closely at switching manganese ore exports from the Northern Cape to Saldanha Bay, instead of using Port Elizabeth or the new port of Coega.

BHP Billiton to invest US$10bn during 2010

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BHP Billiton plans to invest about $10bn in capital and exploration expenditure during 2010.

China copper imports soar

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China's refined copper imports rise strongly in September, while primary aluminiuum remains steady.