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BHP defends South Africa power usage

BHP Billiton has defended its power contracts and usage, following accusations that the miner continues to produce aluminium at its smelters with subsidised electricity while power shedding on the national grid requires others in the country to switch off.

Sherritt expects volatile nickel market

Sherritt International Corp. expects a volatile nickel market this year and next as the global demand picture for the commodity remains unclear, according to its top executive.

Capstone plans to boost copper, zinc output

Capstone Mining Corp. is forecasting a slight pickup in production volumes in 2012, when it expects to produce about 80 million pounds of copper in concentrates at its Cozamin and Minto mines in Mexico and Canada, respectively, as well as about 20 million pounds of zinc contained in concentrate at Cozamin.
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CoAL will need more capital to get Makhado project running, analyst says

Coal of Africa (CoAL) will require more capital to fund its Makhado coking coal project in South Africa’s Limpopo province, even after securing around $60 million of new debt and equity financing, an analyst told Metal Bulletin.