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Aluminium
 
M&A

Rusal buys 25% stake in Norilsk Restricted

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Aluminium giant Rusal has completed the acquisition of a 25% stake, plus on share, in the world's biggest producer of nickel and palladium, Norilsk Nickel.
24th April 2008
 
 
PEOPLE

Vale names Tito Martins to head nonferrous minerals, energy units Restricted

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Brazilian mining and logistics group Companhia Vale do Rio Doce (Vale) has appointed Tito Martins as executive director of nonferrous minerals and energy, and Demian Fiocca as executive director for management and sustainability, the company said...
23rd April 2008
 
 
BANKING FALLOUT

BHP Billiton cancels business with Standard Bank after 'misplaced' comments Restricted

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Both mining giant BHP Billiton and South African banking group Standard Bank were on Friday tight-lipped over the name of a senior bank executive who made remarks that led to the diversified miner taking its business away from the firm. This came...
28th March 2008
 
 
RETRENCHMENTS

No decision on retrenchments – BHP Billiton Restricted

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No decision has been made on retrenching workers from BHP Billiton's Bayside aluminium smelter in Richards Bay, a spokesperson said on Thursday. BHP Billiton’s Bronwyn Wilkinson said that no decision had been made on retrenchments and...
27th March 2008
 
 
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
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio