Base Metals

Rossing South updated resource due Q3 2010

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Uranium mine development and exploration company Extract Resources says it expects to release an updated resource estimate on its Rossing South project in the third quarter of 2010.

Key Chile copper mines restart after blackout

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Electricity service returns to key copper mines in Chile, but shaky supply could continue to hit mining operations.

Copper price up on Chinese import data

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Copper prices rise on data showing stronger-than-expected Chinese imports of the metal, quelling some concerns that demand might be softening in the world's top base metals consumer.

Xstrata to sell SA mines

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Mining group Xstrata plans to sell its highest-cost thermal coal mines in SA, industry sources say.

Glencore exercises Prodeco coal option

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Global diversified miner Xstrata, which has alloys, coal and platinum operations in South Africa, says it has received formal notification from Glencore International informing its of Glencore's exercise of its option to acquire the Prodeco coal operations.

Anglo donates to reconstruct Chile

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Global resources giant Anglo American has donated $10m which will be allocated to projects to rebuild houses and schools and implement emergency water and electricity services following the devastating earthquake in Chile.

Quake copper losses minimal

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Mining giant Anglo American said its operations lost less than 1 500 tonnes of copper during the stoppage of its Chilean operations after Saturday's earthquake.

Metorex trends in the right direction

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Metorex is trending in the right direction at its copper and cobalt projects despite a forecast blip in the March quarter due to adverse weather and electrical problems at its Ruashi plant.

Rio Tinto get Sulawesi nickel permit

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Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2bn.

Copper at 5-week top after Chile earthquake

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Copper mines in Chile are slowly restarting after an earthquake in the South American country. LME copper prices are at their highest since 20 January.