Base Metals

Zambia blackout shuts copper mines

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A nationwide power blackout on Friday forced copper mines in Zambia, Africa's top producer of the metal, to halt output.

African Eagle doubles Dutwa nickel resource

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African Eagle Resources Plc has more than doubled the size of the resource estimate at its Dutwa nickel project in Tanzania, the firm says.

Metorex Ruashi plant back on stream

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Metorex, the base metals mining group, says a planned shutdown to carry out essential maintenance at the Ruashi Mine in Congo (DRC) had been completed.

Ruashi plant shut for maintenance

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Metorex, a focused base metals mining group, says it plans to shut down its Ruashi plant in the DRC to carry out essential maintenance work.

African Eagle, Macquarie Harbour in gold JV

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African Eagle Resources and ASX-quoted minerals group Macquarie Harbour Mining have signed a Letter of Intent to enter a joint venture to develop a gold mine at African Eagle's Miyabi project in Tanzania.

Anglo sells zinc assets in $1.3bn deal

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Anglo American took another step in a strategy to divest of non-core assets agreeing to sell its zinc mines in southern Africa and Europe for $1.3bn to India focused base metals group, Vedanta.

Hong Kong firm takes 7.1% stake in Kalahari

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Kalahari Minerals, says that APAC Resources, a major Hong Kong listed company focussed on natural resource investment opportunities and base metals trading, has agreed to acquire up to a 7.1% interest of its issued share capital.

BHP Billiton pulls rug under metal firms

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BHP Billiton, the world's largest mining group, has withdrawn from an electricity saving aluminium beneficiation plan because it allegedly earns more from exporting the metal directly.

Hulamin in R750m rights issue

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Hulamin will conduct a R750m rights issue to cut debt levels and ensure growth for the semi-finished and fabricated aluminium products company.

Hulamin announces Fourie’s successor

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Hulamin, an independent producer of semi-finished and fabricated aluminium products, has announced the appointment of Richard Jacob as CEO with effect from July 2010.