Home News Page 1068

News

Iron ore prices set for 20% decline in 2011

0
Iron ore prices in China, the world's biggest market, are headed for a 20% decline this year, and few analysts see them recovering soon.

Anglo finds fighting weight

0
BEST OF 2011: After a period of divestment, Anglo American is in fine fettle to compete against its diversified mining rivals. First published 24 January.

Gold wallows near 3-month low

0
Gold is wallowing near a three-month low, remaining under pressure due to a firm dollar, while investors frets over an important Italian bond auction later in the day.

Metorex, Jinchuan deal clear all hurdles

0
Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China's Jinchuan Group.

Anglo American, Codelco face off in court

0
Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.

China bans creation of new gold exchanges

0
China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.

China 2012 rare earth quotas unchanged

0
China will keep rare earth export quotas for 2012 at this year's levels, a move that will ease overseas worries about the supply of 17 crucial elements used in high-tech manufacturing.

Zimbabwe moves to ban raw platinum exports

0
Zimbabwe's government will soon withdraw export licences from miners exporting raw platinum as it moves to promote value addition of minerals, reports state media.

Zambia sees new metal export rules in Q1

0
Zambia's new government will institute new guidelines for metals exports in the first quarter of 2012 that aim to enhance transparency, says the minister of mines.

Rio Tinto extends Hathor offer

0
Resources giant Rio Tinto has again extended its offer to acquire all the common shares of Hathor Exploration for C$4.70 per share until January 6 2012.