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Aluminium
 
POWER & MINING

More than half of SA’s mines yet to lodge additional power requests - Eskom Restricted

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State-owned power utility Eskom, currently grappling with a national electricity shortage, wants to reveal exactly where the extra 5% power it is allocating to the mining industry is going, but it is up to the customers, a spokesperson said....
20th March 2008
 
 
BASE METALS

Lundin Mining reports $436m Q4 loss after impairment charges Restricted

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Base-metals miner Lundin Mining has posted a net loss of $436,6-million, after noncash impairment charges of $491,9-million. The charges related to its merger with EuroZinc Mining and the acquisition of Rio Narcea Gold Mines.
19th March 2008
 
 
ALUMINA

Rio Tinto on track to more than double output at Queensland refinery Restricted

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Aluminium producer Rio Tinto Alcan remains on schedule and within budget in an expansion of its Yarwun alumina refinery, in Australia, the company said on Tuesday.
18th March 2008
 
 
ALUMINIUM

Rio Tinto in talks with govt to review terms, timing of SA smelter Restricted

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Diversified miner Rio Tinto is in discussions with the South African government to review the timing of its planned aluminium smelter at Coega, in the Eastern Cape, in light of the country's power shortage, the company said on Thursday. South...
13th March 2008
 
 
ALUMINIUM

BHP to close parts of Bayside smelter to achieve 10% cut in energy use Restricted

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Diversified resources group BHP Billiton plans to close two potlines at its Bayside aluminium smelter, in Richards Bay, South Africa, in order to reduce the group's overall power consumption at its Southern African operations by 10%, the...
11th March 2008
 
 
DIVERSIFIED MINERS

Bigger is better, says Rio's Albanese Audio Available Restricted

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Consolidation and operating on a larger scale were important considerations for mining companies to continue to meet the challenges of growing demand for their products, high input costs and competition for exploration ground, Rio Tinto CEO Tom...
6th March 2008
 
 
DIVERSIFIED MINERS

Vale Q4 profit rises to $2,57bn Restricted

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Brazilian resources giant Companhia Vale do Rio Doce (Vale) increased fourth quarter net earnings to $2,57-billion, the group reported on Thursday. “Vale completed in 2007 the fifth consecutive year of extraordinary growth in its...
29th February 2008
 
 
CAPITAL PROJECTS

Exxaro has 17 coal, mineral sands, base-metal projects on way Restricted

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Although diversified South African mining group Exxaro regards itself as currently being in a consolidation phase – the company was only created in 2006 – it is not ruling out future expansion projects, and has inherited a significant...
29th February 2008
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio