September 5, 2011 Rio, Anglo aim to sell 75% stake in Palabora Mining valued at $700 million Rio Tinto Group and Anglo American Plc (AAL), which together own about three-quarters of Palabora Mining Co., said they plan to sell their entire holdings in the South African miner…
September 5, 2011 Russia RUSAL rejects Norilsk buyback offer The board of the world's top aluminium producer UC RUSAL said on Monday it had unanimously rejected a $8.75 billion offer by mining giant Norilsk Nickel to buy back its…
September 4, 2011 Copper market getting tighter and tighter: Commerzbank Copper supplies are getting tighter on higher Chinese imports and copper mine strikes around the world. Decreased availability of high quality ore is also expected to support copper prices. ?Copper…
September 4, 2011 Shanghai to expand copper, aluminum bonded storage fivefold to boost trade volumes Increased bonded warehousing space in China, the largest consumer of copper and aluminum, may facilitate larger trade volumes as importers benefit from lower costs. Increased bonded warehousing space in China,…
September 4, 2011 Peruvian copper miners to hold 2-day strike Union workers at Peruvian copper producer Sociedad Minera Cerro Verde said late Friday that they plan to hold a two-day strike starting Sept. 7 to seek a salary increase.
September 4, 2011 Sandfire confident on $360m finance Sandfire Resources managing director Karl Simich says the company's looming $360 million finance facility is still on track for completion soon, despite turmoil in global markets.
September 3, 2011 Canada leads mining M&A during first half with slew of big deals Canada led the world in the number of mining mergers and acquisitions (M&A) for the first half of the year, says Ernst & Young. And while the number of deals…
September 3, 2011 Commodities rocked as US economy creates zero jobs Commodity markets were hit this week by shock news that the United States created no jobs in August, sparking speculation that the world's biggest economy could be heading for a…
September 2, 2011 China’s low-cost stainless steel secret Roughly two-thirds of global nickel production goes to make stainless steel, and China produces and consumes the majority.
September 2, 2011 Force majeure lifted at Escondida Reuters reports that force majeure was lifted at Escondida on Friday at Escondida, the world's largest copper mine. The Chilean mine, whose majority owner is BHP Billiton, was under force…
Argentina’s cradle of Malbec wine is warming up to copper mining The San Jorge copper-gold project, controlled by Zug-based Zonda Metals, would be a first for Mendoza. December 18, 2025 | 10:49 am
