BASE METALS

RUSSIA’S RICHEST MAN FACES LONDON TRIAL

Rusal’s Oleg Deripaska loses battle to stay out of the High Court

Thursday , 03 Jul 2008
High Court’s Lord Clarke grants Mikhail Chernoy UK jurisdiction to pursue his share of Rusal.
AL AT 4 MONTH HIGH TOO

Supply doubts push copper price to new record

Thursday , 03 Jul 2008
The 3 month copper price pushed close to $9,000 a tonne before falling back on profit taking as supply doubts continued to affect the market. In the US spot copper moved above $4.00 a pound.
NORNICK VOTE HAS RUSAL TRAPPED

Norilsk Nickel shareholders prefer the devil they know

Thursday , 03 Jul 2008
Potanin improves his board strength to force Deripaska to withdraw.
$294M CASH AND PROJECT FUNDING

Korean consortium buys 30% interest in Boleo manganese project

Thursday , 03 Jul 2008
What is believed to the world’s sixth largest manganese deposit got a welcome boost Wednesday as Baja Mining announced it has closed the sale of 30% of the Boleo project to a Korean Consortium.
STOCK PRICES SINK

Freeport-McMoRan Cerro Verde miners join Peruvian strike

Thursday , 03 Jul 2008
Global copper prices hit a two-month high while stocks of mining companies dropped as more strikers continued to walk off the job at Peruvian mines.
STATE OF EMERGENCY CONTINUES

Five deaths in Mongolia post-election violence dampens Oyu Tolgoi ratification hopes

Wednesday , 02 Jul 2008
Investors have pinned hopes on a majority government being able to push through a long-awaited draft investment deal that would allow the Oyu Tolgoi copper and gold project to go ahead.
INVESTMENT INSIGHTS

Is First Quantum a screaming buy?

Wednesday , 02 Jul 2008
Copper metal may be ready to assault its all time record of $8,880 a ton, but many listed copper stocks are priced like dogs.
GENERAL STRIKE PLANNED TOO

As Peru strike continues miners decide whether to support it

Wednesday , 02 Jul 2008
Workers want ‘fairer share’ of profits from high commodity prices. Some mines still not affected.
STRONG MARGINS

Albidon enters "cashflow stage" with Munali nickel project

Tuesday , 01 Jul 2008
Albidon has produced first concentrate at its Munali Nickel project in Zambia and has plans for growth.
INDEPENDENTS THE KEY

Balance of Norilsk Nickel Board seems to favour Potanin

Tuesday , 01 Jul 2008
Reports from Moscow suggest that the battle for Norilsk Nickel is still moving in Vladimir Potanin’s direction.
STRIKE STARTED MIDNIGHT SUNDAY

Strike to paralyse Peru's gold, silver and base metals mines

Monday , 30 Jun 2008
Peruvian miners are set to shut down the county's mining industry and blockade roads to bring pressure on the government to approve a law eliminating limits on profit sharing.
ENERGY CONSTRAINTS

UBS reckons global aluminium market heading for deficit this year and next

Monday , 30 Jun 2008
Energy shortages are likely to lead to a shortfall in aluminium supply, and higher prices, over the next two years according to a UBS analysis.
BOTH PARTIES FAVOR OYU TOLGOI

Mongolia's general election appears to be dead heat

Monday , 30 Jun 2008
Both parties now awaiting final elections results in Mongolia early Monday say they support ratification of the Oyu Tolgoi draft investment agreement.
DO NOT TRUST THE HORSE

Potanin and Vekselberg teach Deripaska the classics

Saturday , 28 Jun 2008
Trojan horse in reverse - Vekselberg & Potanin attack Rusal.
AUSTRALIAN NICKEL PRODUCTION

Panoramic's crystal ball has wide vision

Friday , 27 Jun 2008
In changing its name this month from Sally Malay Mining to Panoramic Resources Ltd, the nickel miner aims to paint a picture of a strong profit line and plenty of blue sky on its Western Australian operations.
BOTH MAJOR PARTIES SUPPORT OYU TOLGOI

Mongolian mining deals await outcome of Sunday’s election

Friday , 27 Jun 2008
As Mongolians cast their vote this Sunday, both major parties say they favor ratification of the Oyu Tolgoi copper and gold project agreement.
LARGE SMELTER CAPACITY

Zambia's copper cathode output will hit 600,000 T

Wednesday , 25 Jun 2008
More smelter capacity and new mine startups will help Zambia achieve 600,000 tonnes of copper production this year.
PILBARA MOLYBDENUM PROJECT

German giant's offtake agreement to awaken slumbering giant

Wednesday , 25 Jun 2008
One of the great slumbering giants of Western Australia’s Pilbara, the Spinifex Ridge molybdenum project, has been given a big green light through an offtake agreement.
BROKEN HILL COMPANIES

Perilya-CBH marriage on the rocks?

Tuesday , 24 Jun 2008
The much vaunted marriage of the two companies holding Broken Hill’s famous Line of Lode in New South Wales – one of the world’s great zinc-lead-silver repositories -- has foundered despite having one partner still warm to the idea, but extremely upset.
$1.1B CAPEX TO RESURRECT MINE, SMELTER

HudBay, Skye announce $447.5m “Plan of Arrangement” for Fenix nickel project

Tuesday , 24 Jun 2008
Through its proposed “Plan of Arrangement” with Skye Resources, HudBay may acquire one of the possibly least problematic brownfield nickel laterite projects available, a former ferro-nickel mine and smelter in eastern Guatemala.
I HAD A FARM - OUT IN AFRICA

Russian investment mirage in Zambia

Tuesday , 24 Jun 2008
Reported Russian billions for Zambian copper are flash in the pan.
ANALYSIS

Indium prices expected to explode due to LCD demand

Tuesday , 24 Jun 2008
There isn’t enough material to feed a voracious LCD machine, which needs ever larger amounts of indium.
TAMPAKAN BID BATTLE

Latest bid for big Philippines copper/gold project matched by Xstrata

Sunday , 22 Jun 2008
Mega miner Xstrata has raised its bid for Indophil Resources, which is part owner with Xstrata of the big Tampakan copper/gold project, to match a rival bid.
MORE STRIFE LOOMS

Social unrest in Peru focuses around mining sector wealth

Saturday , 21 Jun 2008
Perceptions that wealth generated by multinational mining companies is not being passed on to the nation's poor has been behind recent unrest in Peru - and there may yet be more to come.
DUAL POWER SUPPLY PLANNED

New bauxite mine and alumina refinery for Ghana as it buys Alcoa stake in VALCO

Saturday , 21 Jun 2008
The Ghanaian government says it is buying Alcoa's 10 percent stake in the VALCO aluminium smelter and plans new bauxite mine and alumina refinery to feed it.
MORE MONEY FOR MOQUEGUA

Copper mine and smelter blockade ended in Peru

Friday , 20 Jun 2008
Although Peruvian government officials have apparently struck a deal to end the blockade of major roads, and Southern Copper’s Ilo smelter and Cuajone mine, all may not quite be over yet.
SA PREMIER UNASHAMEDLY PRO-MINING

Olympic Dam - world’s largest uranium mine, fourth largest copper mine and sixth biggest gold mine?

Thursday , 19 Jun 2008
Creation of the massive Olympic Dam pit will see mining of ore and waste involve removal of one million tonnes per day from this remote South Australian copper-uranium-gold mine and the State Premier says that by then this mine will surpass all of Canada’s uranium production.
INVESTOR HUB: Base metals

   

   

   

TOP STORIES

RUSSIA’S RICHEST MAN FACES LONDON TRIAL

Rusal’s Oleg Deripaska loses battle to stay out of the High Court

Thursday , 03 Jul 2008
High Court’s Lord Clarke grants Mikhail Chernoy UK jurisdiction to pursue his share of Rusal.
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