China infrastructure push to boost zinc imports, support prices

China is likely to boost imports of zinc in the fourth quarter of the year after Beijing said it would speed up infrastructure investment, market players said, helping support prices for the base metal. Zinc is set to reap the benefits of a push...

$200bn capex ambition of mining majors under spotlight

The great China-led economic supercycle that has been boosting global economies for a decade is falling below its expected trajectory, which is giving rise to questions supercycle slippage and demise.

Europe’s biggest blast furnace produces 70-millionth ton of steel

Blast furnace Schwelgern 2, owned by diversified industrial group ThyssenKrupp Steel Europe, produced its seventy-millionth ton of hot metal, in February.

South Africa and its mining heritage

South Africa’s mineral revolution, which was prompted by the development of Kimberley’s diamond mining industry and more profoundly shaped by the discovery and exploitation of gold on the Witwatersrand during the latter quarter of the...

Novelis posts loss; sees demand rising

Novelis, the US unit of India's largest aluminum producer Hindalco Industries, posted a quarterly loss, hurt by lower average aluminum prices and sales. However, the company expects a rise in demand for aluminum rolled products in Asia, driven...

Chile Codelco Q1 output falls, 2012 on track

The world's top copper producer, Chile's Codelco, said on Wednesday its output fell 10% in the first quarter from a year earlier to 373 000 t, but said it was on target to produce 1.71-million tons this year. Codelco produced 414 000 tons of...

US copper futures sink to fresh 2012 trough

US copper futures fell to a fresh 2012 low Wednesday, hit by a mass exodus of risk assets amid doubts that Europe will be able to wrestle its festering debt crisis under control. Comex copper for July delivery plunged 9.65c or 2.8% to an...

Company Announcement:LontohCoal Media Statement on OTC Share Trading Platform Launch

On behalf of the Board of Directors of LontohCoal Limited, it gives me great pleasure to announce the launch of trading of LontohCoal Limited’s shares on an OTC basis from 01 June 2012

Anglo American to open London, Singapore sales hubs

Global miner Anglo American is opening a new commercial hub in Singapore on July 1 and also in London, a move that reflects the shift in the company's sales focus to Asia. Tom Bell, who has been with Anglo's London-based thermal coal marketing...

India, China, Taiwan lead SA April coal imports

Asia absorbed most of South Africa's 5.2-million tons of coal exports in April, led by India, China and Taiwan, exporters said. Almost all of South Africa's thermal coal is exported from the private Richards Bay Coal Terminal (RBCT) in Kwazulu...

18/05/2012 (On-The-Air)

The great China-led economic supercycle that has been boosting global economies for a decade appears to be coming to an end; he South African Navy is now allowed to operate in Tanzanian and Mozambican waters to stop piracy.

Fuel cell makes loco debut, better than asteroid mining, big demand change needed

A platinum-using fuel cell is driving a locomotive in a South African platinum mine; a platinum miner quips about asteroid mining; and current weak platinum demand is seen as hugely problematic.