Weak China copper demand drives surplus
The global copper market showed a supply surplus of 777,000 tonnes in 2009 due to weak demand from economies outside of China, GFMS says.
Anglo nears sale of $1bn zinc business
Anglo American nears the sale of its $1bn-plus zinc businesses.
Implats retirees to boost ops
Impala Platinum has put two former executive stalwarts - ex-CEO John Smithies and former head of Rustenburg operations Paul Visser - back in harness as it strives to improve its Rustenburg operations.
Metmar acquires 40% of Zim Alloys Chrome
Metmar Africa, in which JSE-listed Metmar Limited, has acquired a 40% stake in Zimbabwe Alloys Chrome for $51.3m.
Wesizwe hunts partner, clears Solomon
Wesizwe hunts for a partner to develop its platinum project after its CEO Mike Solomon is cleared of any financial impropriety, clearing the air after a heated boardroom battle last year.
Eastplats loss narrows
EASTERN Platinum (Eastplats) on Wednesday reported a full year net profit attributable to equity shareholders of $5.7m compared to a net loss of $209.4m previously.
Jubilee Platinum H1 loss narrows
Mining exploration and development company Jubilee Platinum, has reported the narrowing of its first half headline loss to 0.11 pence a share from 0.37 pence a share the year before.
Platmin loss widens to $11.1m
Platinum junior Platmin, which is developing mines in South Africa, has reported the widening of its loss to $11.1m for the 10 months to end December 2009.
Lonmin shuts main furnace for month
Lonmin shuts its perenially problematic key furnace for a month but offsets production losses by starting up three smaller furnaces.
Angloplat rights offer fully subscribed
Anglo Platinum, the world's largest platinum producer, says 99.5% of its rights offer shares had been subscribed for under its R12.5bn rights offer.