Base Metals

Copper marches on brighter prospects

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Copper, which is a leading indicator on wider economic prospects, was on the march on optimism 2010 would be a year of improved demand.

Metorex restructures copper hedge

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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

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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

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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

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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

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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

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Hulamin says market conditions are showing some improvement and all the operations are well loaded going into 2010.

Base metals lack direction

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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.

First Quantum pays $340m for Ravensthorpe

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First Quantum, normally an operator of African-based assets, has made an astonishing move for one of BHP Billiton's costliest mistakes, the Ravensthorpe nickel mine in Australia.

Kalahari Minerals upbeat about results

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Kalahari Minerals reports "exceptional" drilling results from Rossing South.