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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".

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.

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.

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.

First Uranium closes transaction

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First Uranium Corporation has closed a previously announced transaction with Gold Wheaton (Barbados) Corporation.

Miners, union lock horns over wages

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Copper mining company Palabora Mining and trade unions look set to lock horns after wage negotiations got off to a "difficult start".

Metorex in last phase of rebirth

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Diversified mining group Metorex says it is entering the last phase of its rebirth.