Base Metals

Palabora shells out on dividend

0
Rio Tinto's Palabora Mining declared a substantial interim dividend on Tuesday following a drop in net earnings coupled with an increase of cash in hand.

African Eagle cautious on larger Zanzui

0
African Eagle has seen promising results from its second nickel deposit, but said it is too early for the company to make a decision on whether or not to change its focus from Dutwa.

Copper soars on economic optimism

0
Copper and aluminium prices struck multi-month highs on Friday, fuelled by economic data suggesting global economic recovery may be on the way.

Chambishi agrees cobalt deals with DRC mines

0
Zambia's largest cobalt producer Chambishi Metals has agreed cobalt concentrate supply deals with some mines in the Democratic Republic of Congo.

Metorex Ruashi mine exceeds copper production

0
Metorex's flagship Ruashi mine exceeded company expectations in the June quarter, overshooting production expectations by nearly 1,000 tonnes.

Metorex sells stake in fluorspar

0
Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.

Anglo strategy to trump results

0
Anglo American's fall in interim earnings will be overshadowned by its efforts to show it does not need to merge with Xstrata.

CNMC to start copper mine

0
China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.

London copper pauses after rally

0
London copper fell nearly 1% percent as investors paused after a recent rally pushed the price to nine-month highs, but they remained mostly bullish.

Rio exits Guinea iron ore blocs

0
Rio Tinto agreed to remove equipment from two disputed iron ore concessions in Guinea awarded to a private firm which is seeking partners to develop them.