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Rusal extends debt refinancing

United Co Rusal has a two-month reprieve on US$7.4 billion of debt refinancing, after signing an agreement

Base metals

12 MAR 2009

Golden Minerals to hold Apex assets

Bankrupt silver producer Apex Silver Mines Ltd will be reborn as Golden Minerals Co, with creditors to

Regional specialist Wedlock appointed to the new Jupiter Mines

Former BHP Billiton iron-ore boss Geoff Wedlock has been appointed executive chairman of Jupiter Mines


12 MAR 2009

Çaldag raising

European Nickel plc plans to raise up to US$6 million through an accelerated book-building. Canaccord

Europe/Middle East

12 MAR 2009

Iron Mountain bid

Iron Mountain Ltd has announced an off-market bid for all the shares and options in Terrain Minerals.


12 MAR 2009

Mirabela loan

Mirabela Nickel Ltd announced that Bayerische Hypo und Vereinsbank AG has agreed to increase its loan

Australian Senate sidesteps Rio Tinto/Chinalco politics

Australian senators have supported the US$19.5 billion investment by Aluminium Corp of China (Chinalco)

Base metals

12 MAR 2009

Chinese tragedy claims 77 lives

An explosion at the Tunlan coal mine in Shanxi, China, has killed 77 people, adding to the country's


12 MAR 2009

Appeals court supports mountain-top mining

A US federal court has reversed a lower court judgment to limit the use of a controversial and environmentally-damaging

North America

12 MAR 2009

Zhuzhou Smelter annual profit tumbles 76%

Zhuzhou Smelter Group, China's largest zinc producer, posted a 76% drop in net profit in 2008, as the

Base metals

09 MAR 2009

Xstrata shareholders approve US$5.9 billion rights issue

Shareholders of mining group Xstrataplc approved a $5.9 billion rights issue on Monday so the firm could

Oz Minerals gets debt rollover, China bid looms

Australian-listed Oz Minerals Ltd,the world's second-largest zinc miner, has won another debt rollover


27 FEB 2009

OZ Minerals reassures on debt talks after shares dive

Debt-laden Australian miner OzMinerals sought to allay concerns on Wednesday that it was days away fromdefault,


25 FEB 2009

China's Valin agrees to buy A$1.2 billion of Fortescue shares

China's Hunan Valin Iron& Steel Group agreed to buy a A$1.2 billion (US$776 million) stake inAustralia's

Oz Minerals recommends rescue package

China has come to the aid of another large Australian miningcompany, this time with a friendly takeover


20 FEB 2009

Gloucester Agrees to Buy Whitehaven for A$545 Million

Gloucester Coal Ltd., an Australian producer of the fuel, agreed to acquire Whitehaven Coal Ltd. For


20 FEB 2009