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Manuel speaks out on acid mine drainage

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Minister in the Presidency Trevor Manuel has hit out at critics of his stance towards acid mine drainage, saying his detractors are part of a campaign to sow panic.

Higher demand outlook aids copper rally

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Copper is continuing its record-breaking run, buoyed by positive manufacturing data from around the world.

Anglo ties-up Scaw Metals assets deal

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Anglo American has completed the sale of Scaw Metals assets Moly-Cop and AltaSteel to Australian steel manufacturer OneSteel.

Copper continues record rally

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Copper futures are rallying on the first day of trade of the New Year, extending 2010's 33% gains on expectations of sustainable growth in top metal consumer China.

Australian floods hit coal exports

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Record flooding in Australia's northeast continues to cut coal exports.

BHP linked to new takeover targets

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BHP Billiton's acquisition strategy is back in the spotlight as market talk resurfaced that it was looking at a $40bn-plus bid for Anadarko Petroleum.

Russian firm hires ex-Anglo director

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Russian steelmaker Severstal has recruited former Anglo American executive Philip Baum to head the $4bn flotation of its gold unit, according to reports.

Eastplats completes equity finance deal

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Eastern Platinum has finalised an equity financing process of R2.3bn, issuing 224 million new shares.

Metals set to end year on climax

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Commodity markets are set to finish 2010 on a high note, while investors are positioning themselves for further growth on expectations of a continuation of this year's recovery.

Copper prices bode well for Zambia

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The high copper price will bring further hefty investment into the sector in Zambia, says the head of the body representing foreign miners.