Metorex sets up next DRC project
Metorex more than doubled profits in the six months to June which should please new
owners Jinchuan whose bid for the company was overwhelmingly accepted by
shareholders on Friday.
Metorex sees delisting before year-end
Metorex is expecting November 25 to be its last day of trade on the JSE before it is taken over by Chinese metals group Jinchuan.
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.
Grupo Mexico net doubles
Mexican miner and railroad operator Grupo Mexico says its profit doubled in the second quarter, boosted by higher metals prices and output.
Collahuasi unions join Escondida in strike
Workers at Chile's Collahuasi have put down their tools over unmet labour demands, compounding worker unrest as a strike at top global copper mine Escondida enters a ninth day.
Exxaro to shut Zincor
Exxaro Resources has decided to shut down permanently its loss-making Zincor plant near Springs after being unable to find a buyer.
Metorex output stays flat
Copper producer Metorex has said first-half copper output rose 1% compared with the preceding six-months, while production of cobalt fell 6%.
Codelco workers strike over privatisation fears
Workers at the world's largest copper producer, Chile's Codelco, have gone on strike over modernisation plans they fear amount to privatization.
Vale lets go of Metorex
Metorex says it has been told by Vale that the Brazilian group will not submit a new offer to top a bid to acquire it by China's Jinchuan Group.
Vale’s Metorex quest likely to end
The chance of a bidding war breaking out for Metorex is doubtful, especially as Jinchuan has set down plans to further improve its R8.90 per share offer.