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Anglo declares force majeure in Australia

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Anglo American has pronounced force majeure on its coal mines in Australia's Queensland state due to prolonged heavy rains.

Silver hits 30-year peak

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Spot silver is trading at historical levels, buoyed by a weak dollar and strength in base metals, while gold is holding steady on good physical demand.

Storms cause BHP to close coal mines

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BHP Billiton has declared force majeure on some coal operations in Queensland's Bowen Basin.

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.

Australian storms hit Anglo

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Anglo American Metallurgical Coal says heavy rains have impacted its coal production in Australia's Queensland state.

Anglo secures Minas-Rio port costs deal

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Anglo American has concluded long-term port tariff arrangements for its Minas-Rio iron ore project in Brazil and obtained clarity about the port's capital funding.

Copper hits fresh high

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Copper has risen to a record high of $9,437.50 per tonne, fuelled by a supply-bottleneck in Chile.

Copper hits record high

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Copper may be heading towards $10 000 a tonne, traders say.

China’s rare earths cut raises trade concerns

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China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, risking action from the USA at the World Trade Organisation.

Major backer opts out of Sallies

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The controlling shareholder of Sallies has agreed to sell its stake in the fluorspar miner to a minority backer, according to a company statement.