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ENRC, First Quantum settle DRC dispute

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Kazakh miner ENRC has agreed a $1.25bn settlement with First Quantum Minerals to end a long-running dispute over ownership of the Kolwezi project in the DRC.

Zambia govt mediating in First Quantum strike

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Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.

Iron ore fall raises doubts on Australia tax plan

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Australia's politically charged mining profits tax may raise less of the initial A$11bn Prime Minister Julia Gillard is promising if iron ore prices return to November levels.

Smelters, BHP settle 2012 copper charges

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China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.

First Quantum says Zambia strike illegal

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First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.

Copper at 3-week high on fund flows, China data

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Copper has hit a three-week high, lifted by fund allocations at the start of the year and by an expansion in China's manufacturing activity.

Eastplats finalises $100m debt facility

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Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.

French nuclear plants need more safety

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France's 58 nuclear reactors are safe, but safety systems must be improved quickly to prepare for extreme situations, says the French nuclear safety authority.

Gold rises in line with euro recovery

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Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.

Jim Rogers says bearish on gold

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The euro may rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, says investor Jim Rogers.