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Aluminium
 
GOVERNMENT INCENTIVES

Perception that miners do not receive support from DTI is erroneous – Deloitte Restricted

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There is a perception in the mining industry that it does not receive adequate support from the Department of Trade and Industry (DTI), in the form of grants because there is a special capital expenditure tax deduction system available for mining...
22nd August 2008
 
 
CORPORATE ACTIVITY

BHP says Rio takeover makes ‘more sense than ever’ Restricted

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Resources colossus BHP Billiton said on Monday that a merger with smaller rival Rio Tinto “makes more sense than ever”, and that its original acquisition timetable remained intact. CEO Marius Kloppers said that BHP Billiton remained focused...
18th August 2008
 
 
COMMODITY PRICES

BHP Billiton expects commodity markets to remain robust Restricted

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BHP Billiton, the world’s biggest resources company, on Monday reiterated its upbeat outlook on the commodities markets, as demand keeps growing, and companies struggled to bring on new supply. CEO Marius Kloppers said that “people are way...
18th August 2008
 
 
ALUMINIUM

Vimetco buys Sierra Leone bauxite mine for $40m Restricted

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Aluminium producer Vimetco on Friday announced it had acquired Global Aluminium Limited, including a subsidiary bauxite mine, from Titanium Resources Group for $40-million, which was seen as further progress in achieving full vertical...
25th July 2008
 
 
DIVERSIFIED MINING

Camec’s full-year profit jumps Restricted

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Diversified resources firm Central African Mining and Exploration Company (Camec) rose 4,6% on London’s Aim, after it reported on Thursday that it had boosted its pretax earnings for the year ended March 31 by 219% to £54,8-million. Net profit...
17th July 2008
 
 
BASE METALS

Supply fears push aluminium to three-month high Restricted

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Aluminium prices jumped to a three-month high on Friday as investors bought on news a US producer shut down about half its capacity, while copper hit a one-month high. Benchmark aluminium on the London Metal Exchange hit $3 158 a tonne, its...
20th June 2008
 
 
BRAIN DRAIN

Zim loses 500 skilled personnel, may not enrol new mining, engineering students Restricted

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Zimbabwe’s mining sector has lost over 500 technically skilled and experienced personnel over the last year alone, a recent survey conducted by the Chamber of Mines reveals.
20th June 2008
 
 
ALUMINIUM

Rio Tinto pours first metal at Oman aluminium smelter Restricted

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The Sohar aluminium smelter, in Sohar, Oman, has poured its first metal and is expected to reach full production, at an initial 360 000 t/y, in December, diversified miner Rio Tinto said on Thursday.
12th June 2008
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio