JP Morgan in £1bn copper buys
Investment bank JP Morgan has grabbed more than half the copper on the London Metal Exchange, reports The Daily Telegraph.
Metorex set to ride copper wave
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
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
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
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
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
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
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
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
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.