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Base Metals
 
COPPER EXPORTS

Freeport set to resume Indonesian copper exports

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Freeport-McMoRan clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit....
25th July 2014
 
 
DIVERSIFIED MINERS

Anglo CEO backs Ramaphosa’s strike ballot comments

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The introduction of a strike ballot process as suggested by Deputy President Cyril Ramaphosa would be a great step forward for industrial relations in South Africa, Anglo American CEO Mark Cutifani said on Friday. Cutifani was responding to a...
25th July 2014
 
 
FINANCIAL RESULTS

Anglo delivers ‘pleasing’ results despite headwinds

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Mark Cutifani Despite the headwinds faced by diversified miner Anglo American during the first half of the year, the group had delivered a “pleasing” performance at all its operations barring platinum. Anglo American CEO Mark Cutifani on Friday said the...
25th July 2014
 
 
ZINC

India govt approves stake sale in Hindustan Zinc, BALCO

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India's new government has approved the sale of its residual stakes in Hindustan Zinc Ltd and Bharat Aluminium Co (BALCO), Finance Minister Arun Jaitley said on Friday. The government owns 29.5% of Hindustan Zinc and 49 percent of BALCO. Both the...
25th July 2014
 
 
ENVIRONMENT

Codelco submits changes to Andina project to reduce environmental impact

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World No 1 copper producer Codelco submitted to Chilean environmental authorities changes to its controversial Andina project that it said would reduce the mine's potential impact on nearby glaciers and water supply. State-owned Codelco, which...
25th July 2014
 
 
Base Metals

Automation systems company expands S America services

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MEXICO The Mexico-based service centre enables Metso to cover all the mines in the north-west of Mexico Mineral processing equipment and automation systems provider Metso has expanded its service offering to Peru and Mexico by establishing mining service centres in the two countries. These investments, worth €6-million each, dovetail with Metso's...
25th July 2014
 
 
Base metals & graphite

Junior miner’s optimism for Mozambique projects boosted

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Australian junior Metals of Africa (MTA) has reported encouraging results at both its Mozambican projects. These are the Montepuez Graphite project in Cabo Delgado province and the Rio Mazoe (including Changara) base metals project in Tete...
25th July 2014
 
 
Base Metals

Opportunity for South Africa in Peru

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ELSA DRY South African business people in the mining sector have been urged to capitalise on the opportunities that currently exist in Peru A South African business delegation last month visited the Lima-based Peruvian Institute of Mining Engineers to learn about the various opportunities available in the sector, and possible opportunities that could still be explored. “South...
25th July 2014
 
 
 
 
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