ENRC, First Quantum settle DRC dispute
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.
Smelters, BHP settle 2012 copper charges
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
First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.
Iron ore fall raises doubts on Australia tax plan
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.
Eastplats finalises $100m debt facility
Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.
Resources give JSE New Year fillip
The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.
Anglo, Codelco tension grows in Sur row
Anglo American says it is not obliged to sell Codelco anything as the Chilean state-owned miner exercises a right to buy 49% in Los Bronces copper mine and other properties.
First Quantum says workers on strike in Zambia
Workers at the Zambian unit of Canada's First Quantum Minerals have gone on strike for a 100% pay rise, bringing production to a halt at the country's largest copper mine.
Copper at 3-week high on fund flows, China data
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.
Gold rises in line with euro recovery
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.