Base Metals

Metorex in $100m equity raising

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Metorex is raising R750m in a rights issue and is putting in place a $100m revised debt package at its flagship Ruashi copper project.

RUSAL shares fall on HK debut

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UC RUSAL shares fall on their debut in Hong Kong over concerns about the Russian group's debt and legal issues.

Palabora earnings take a dip

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Palabora Mining Company's earnings before interest, tax, depreciation and amortisation for the year ended December are expected to be between R 1.105bn and R1.139bn.

Equinox to hit 135,000t copper target this year

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Equinox says its Lumwana copper project in Zambia will hit full production of 135,000 tonnes of copper this year. It is stockpiling uranium-bearing ore ahead of a decison whether to build a processing plant.

Palabora, union clash over wages

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A trade union has declared a wage dispute with copper mining company Palabora Mining following a second round of wage negotiations.

BHP upbeat; eyes China commodities hunger

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BHP Billiton says China's commodities demand surges in the last quarter of 2009, but it warned that a removal of a stimulus package there could slow recovery.

Zambia targets 750,000t copper this year

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Zambia is on track to mine 750,000 tonnes of copper this year and expects to raise output to a million tonnes by 2012.

ZCI a step closer to re-listing

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ZCI is a step closer to re-listing.

Highveld production heats up

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Steel producer Higveld Steel and Vanadum has reported a 31.4% increase in its hot metal production.

Metorex production increases

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Diversified mining group Metorex has reported a 32% increase in its December quarter production from its Ruashi Mining operations in Zambia.