Base Metals

Metorex set to ride copper wave

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Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.

African Eagle updates Zanzui nickel prospects

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African Eagle Resources says its Zanzui project in Tanzania has shown potential of a significant nickel oxide deposit, based on drilling completed to date.

Third party bags Palabora rights

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In a new incident related to SA's mining legislation, Palabora Mining Company says a mining right for some of its assets has been awarded to a third party.

African Eagle’s change of play

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African Eagle Resources is on the brink of major corporate changes as it drives its Dutwa Nickel project in Tanzania closer to development.

Zambia reports sharp rise in copper output

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Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.

Xstrata to fork out R4.9bn on smelter

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UK-based Xstrata has dusted off plans to expand its Lion ferrochrome operation, saying it is confident electricity supply will be guaranteed.

ARM, Vale launch Konkola copper mine

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Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.

Report leaks smelters’ power secrets

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In a legal wrangle to disclose the cost at which Eskom supplies power to BHP Billiton's aluminium smelters, a court is told that BHP's Hillside is the world's cheapest producer.

Gold hits record as Vietnam mulls imports

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Spot gold has hit an all-time peak on a weak dollar and after Vietnam said it may allow gold imports if prices keep rising.

Vanadium’s turbocharged future

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The battery has beaten the fuel cell in the race to power electric vehicles, which means an increase in demand for vanadium, lithium and rare earth metals.