Copper continues record rally
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
Record flooding in Australia's northeast continues to cut coal exports.
Eastplats completes equity finance deal
Eastern Platinum has finalised an equity financing process of R2.3bn, issuing 224 million new shares.
Metals set to end year on climax
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.
Anglo declares force majeure in Australia
Anglo American has pronounced force majeure on its coal mines in Australia's Queensland state due to prolonged heavy rains.
Storms cause BHP to close coal mines
BHP Billiton has declared force majeure on some coal operations in Queensland's Bowen Basin.
Silver hits 30-year peak
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.
Japan devises palladium-like alloy
Japanese researchers have created an alloy with properties similar to palladium, a precious metal used in many high-tech goods, according to a news report.
Copper prices bode well for Zambia
The high copper price will bring further hefty investment into the sector in Zambia, says the head of the body representing foreign miners.
Copper hits fresh high
Copper has risen to a record high of $9,437.50 per tonne, fuelled by a supply-bottleneck in Chile.