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GOLD 1101.67 $/ozChange: -25.46
PLATINUM 1583.50 $/ozChange: -48.00
R/$ exchange 7.40Change: -0.09
R/€ exchange 9.99Change: -0.03
 
 
 
Aluminium
 
ALUMINIUM SMELTERS

Minister declines to elaborate on Eskom's deals

0 COMMENTS
South African Public Enterprises Minister Barbara Hogan on Friday refused to reveal details of power utility Eskom's long-running contracts with foreign companies like BHP Billiton that contributed to the entity's R9,5-billion loss last year....
By: Sapa
19th March 2010
 
 
BAUXITE

Guinea's CBG says 2010 bauxite orders rebounding

0 COMMENTS
Guinea's CBG, the world's top bauxite exporter company, said on Saturday that its orders for 2010 have already exceeded last year's output by more than 10% in a sign of improved global demand for the aluminium ore. The company, a joint venture...
By: Reuters
1st March 2010
 
 
FORECASTS

Gold may average $950/oz this year - Natixis

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An average gold price of around $950/oz or even lower is possible this year if the global economic recovery gains pace, supporting conventional asset values and undermining assets like gold, which is seen as a store of value, London-based Natixis...
By: Liezel Hill
22nd February 2010
 
 
BASE METALS

Chinese mining giant on the prowl 
for copper investment opportunities

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China’s largest diversified mining company, the State-owned Aluminium Corporation of China (Chinalco), is looking worldwide for investment opportunities in copper, a metal which now has greater demand growth potential in China than aluminium....
By: Keith Campbell
5th February 2010
 
 
M&A

Rio Tinto sells controlling stake in Ghana bauxite unit

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Rio Tinto Alcan has sold its 80% holding in the Ghana Bauxite Company (GBC) to China's Bosai Minerals Group, the company announced on Wednesday. It did not disclose the terms of the sale.
By: Liezel Hill
4th February 2010
 
 
ALUMINIUM

Rio Tinto criticises South Africa for Coega power pullout

0 COMMENTS
Diversified miner Rio Tinto on Tuesday criticised South Africa for reneging on the Coega aluminium smelter agreement. Rio Tinto CE diamonds and minerals Harry Kenyon-Slaney told the Mining Indaba that South Africa's action was not condusive to...
By: Martin Creamer
2nd February 2010
 
 
DIVERSIFIED MINER

Vedanta reports record Q3 production

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Diversified-miner Vedanta Resources achieved record output volumes of zinc, lead, aluminium and iron-ore in the third quarter of its 2010 financial year. The London-listed company reported to shareholders on Wednesday that its iron-ore output...
By: Chanel Pringle
27th January 2010
 
 
DIVERSIFIED MINERS

BHP Billiton quarterly iron-ore output up 11%

0 COMMENTS
BHP Billiton produced 32,45-million tons of iron-ore in the last three months of 2009, an increase of 11% compared with the same period a year earlier, after Chinese demand for the steelmaking ingredient increased. “During the December quarter...
By: Creamer Media Reporter
20th January 2010
 
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio
 
 
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