Alcoa in $10.8bn aluminium complex plan
Alcoa revisits financing plans to join Saudi Arabian firm, Maaden, aimed at building a bauxite mine and aluminium smelter with total metal output of 740,000 tonnes/year.
BHP tipped to rapidly exit nickel business
BHP Billiton, having already quit some of its nickel business, is expected to reverse out of the industry completely, and quickly, analysts say.
Kiwara may consider First Quantum deal
Base-metals exploration company Kiwara says the High Court of Justice in England and Wales has granted it an order allowing it leave to consider First Quantum Minerals' offer to takeover the company.
Metorex restructures copper hedge
Metorex has restructured its copper hedge book, achieving a far better price on more than half the tonnage still sold forward to June 2011.
China brands BHP/Rio tie-up a monopoly
China's steel industry "firmly opposes" BHPBilliton and Rio Tinto's iron ore joint venture, calling it a "monopoly in disguise".
ZCI to relist on JSE, change name
Zambia Copper Investments, finally released from litigation with Verdanta Resources, is to relist on the JSE with a new name, and fresh business plan, it said.
ZCI to relist on JSE
Zambia Copper Investments will resume trading on the JSE on January 15 in its new role of junior mining house which controls Botswana copper producer African Copper.
Mwana Africa’s losses drastically decrease
Commodity recources company Mwana Africa reports a significant narrowing of its interim loss compared with the losses from a year ago.
Hulamin positive about 2010
Hulamin says market conditions are showing some improvement and all the operations are well loaded going into 2010.
Base metals lack direction
The base metals complex has been lacking direction for the next convincing break, and in the absence of significant changes to the fundamentals, the markets are drifting on the back of macro news, says an analyst.