Base Metals

Anglo donates to reconstruct Chile

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Global resources giant Anglo American has donated $10m which will be allocated to projects to rebuild houses and schools and implement emergency water and electricity services following the devastating earthquake in Chile.

Quake copper losses minimal

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Mining giant Anglo American said its operations lost less than 1 500 tonnes of copper during the stoppage of its Chilean operations after Saturday's earthquake.

Metorex trends in the right direction

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Metorex is trending in the right direction at its copper and cobalt projects despite a forecast blip in the March quarter due to adverse weather and electrical problems at its Ruashi plant.

Rio Tinto get Sulawesi nickel permit

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Indonesia has given the local unit of Rio Tinto a mining permit for a nickel project in Sulawesi worth $2bn.

Copper at 5-week top after Chile earthquake

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Copper mines in Chile are slowly restarting after an earthquake in the South American country. LME copper prices are at their highest since 20 January.

Anglo ramps up Chilean operations

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Anglo American has confirmed that it has started to ramp up production at the four operations effected by the massive earthquake which struck Chile.

SA crude steel output doubles

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South African crude steel production is up 51.1% year-on-year to an estimated 710 000 metric tonnes in January, the World Steel Association reportes.

Xstrata may be forced to shut Mt Isa

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Xstrata may be forced to shut some of Mt Isa operations.

Union rejects Metorex wage offer

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Trade union Solidarity has rejected what it describes as the skimpy wage increase offer of 3% by Metorex's Consolidated Murchison Mine outside Phalaborwa during the first round of wage negotiations.

Metorex earnings expected to fall

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Diversified mining group Metorex expects its first half headline earnings to be between 13c per share and 15c per share from 48c per share the year before.