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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.

Jintu deal sealed as Gold One hits target

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Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.

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.

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.

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.

Anglo, Codelco tension grows in Sur row

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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

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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.

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.