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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

Australia

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,

Australia

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

Australia

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

Australia

20 FEB 2009

Anglo scraps 2008 dividend, shares tumble

Mining group Anglo American plc scrapped its 2008 final dividend on Friday to conserve cash and said

Africa

20 FEB 2009

Brazil Vale posts jump in profit, despite slowdown

Brazilian mining giant Vale said on Thursday its net profit more than doubled in the fourth quarter as

BHPB URANIUM CHIEF TO LEAVE

BHP Billiton said the head of its Olympic Dam uranium mine, Graeme Hunt, will resign. Mr Hunt has worked

Africa

20 FEB 2009

Mongolia receives Tavan Tolgoi bids

A TRIO of Russian billionaires have made a bid for a 49% stake in the large Tavan Tolgoi coking-coal

Africa

20 FEB 2009

Commodity matters

There was a clear accord between mood and commodity at the recent Mining Indaba in Cape Town. The metals

Africa

20 FEB 2009

Australian unions want China mine deals watched

Australian unions want Chinese investments in the country's mining industry to be watched for signs of

Africa

19 FEB 2009

Chinalco names new head; no change to Rio deal

Aluminum Corp of China (Chinalco) said Xiao Yaqing had stepped down as company president less than a

Africa

19 FEB 2009

Aquarius Platinum to make US$90 mln bid for Ridge

Aquarius Platinum Ltd plans to make an all-share bid for Ridge Mining plc valuing the firm at £63.9

Africa

18 FEB 2009

China firms, Anglo American eyeing Fortescue

Fortescue Metals Group said on Wednesday it has held talks with Anglo American plc and China's sovereign

Australia

18 FEB 2009