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Palabora pays dividend despite fall in HEPS

Copper mining company Palabora Mining, which operates South Africa's largest copper mine, has declared a R6.20 dividend despite a 60% fall in its full year headline earnings.

Union wins 9% Palabora wage increase

Trade union Solidarity has secured a wage increase of 9% during negotiations with the country's largest copper mine, Palabora Mining.

Metorex in $100m equity raising

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

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

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

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

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

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

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

ZCI is a step closer to re-listing.