Base Metals

Small rebound in Congo mining

0
Signs of life in M&A activity in Congo suggests investor confidence strengthening, while small-scale miners are being squeezed out of copper-rich Katanga province.

Copper outlook uncertain in 2010-Freeport

0
As Freeport awaits news on its Tenke project in Congo, the company said idled capacity can be restarted quickly if needed. It's long-term copper price outlook is strong.

Vedanta unit starts new copper project

0
Vedanta launches a copper reclamation project in Zambia that will add 24,000 tonnes to the group's annual output.

Rio sell out Ghana bauxite mine

0
Rio Tinto is selling its 80 percent stake in Ghana's only bauxite mine to Chinese minerals group Bosai.

Rio, Ivanhoe in $3bn Mongolia deal

0
Rio Tinto and Ivanhoe Mines wrap up a $3bn deal to develop a copper and gold mine in Mongolia.

RUSAL restarts $2bn Hong Kong IPO

0
RUSAL, the world's leading aluminium producer, restarts plans to list on the Hong Kong stock exchange to raise $2bn.

Metorex not out the woods

0
Metorex, which is selling assets to cut debt, has a fair way to go and one solution could be bringing in a strategic investor.

CAMEC swings to a loss

0
CAMEC posts a full-year loss of $343m and says its plant in the Congo will be completed by the end of October. It reiterates has accepted a $955m takeover bid.

ARM seeks Zimbabwe coal and platinum

0
ARM looks for coal and platinum prospects in Zimbabwe. It is advancing its copper plays and has its Namibian gold project up for sale.

Newmont temporarily halts work at Indonesian mine

0
Newmont Mining has temporarily suspended mining operations at a copper and gold mine in Indonesia because of what it called "a geotechnical failure".