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Zambia Plans Increase Copper Mine Production at 700,000 Ton, 2010


Zambia’s copper output in 2010 is projected to rise to 700,000 metric tons due to increasing production at various mines, the country’s Finance Ministry has said.

Mining Exploration Project, Production and Finance in World Trade and Market


LONDON (Dow Jones)
- United Company Rusal is to increase the level of aluminum production it cuts to 4% of its total global output, or around 168,000 metric tons a year, a company spokeswoman told Dow Jones Newswires Monday.

Tanzania Govern. Mining Firm More To Pay Tax


The Government plans to review its taxation structure in this year’s national Budget to get especially the mining companies to pay more, the Finance minister says.
Mr Mustafa Mkulo, the Minister for Finance and Economic Affairs, who is visiting neighbouring Mozambique, told The Citizen by telephone from Maputo yesterday that the review would particularly target the [...]

BHP Billiton Ltd. Mining Exploration Oil, Coal, Alumunium, Copper Reported :


BHP Billiton Ltd. (BHP.AU) Wednesday posted higher third quarter iron ore and oil production but coal, copper, aluminum and nickel output were lower on year.
SINGAPORE (Dow Jones)–South Korea’s state procurement agency has issued tenders for 6,000 metric tons of aluminum ingot and 6,000 tons of copper cathode, a senior official at the agency said Wednesday.

Record earnings for Metorex as copper and cobalt production accelerate


Diversified mid-tier miner Metorex (LSE and JSE: MTX; Bank of New York ADR: MRXLY), one of last year’s best performing stocks on the Johannesburg Stock Exchange, could see its market capital increase by another 50% over the next 12 months on the back of higher copper production and development at Ruashi copper mine in the [...]

Albidon delving for nickel/platinum/cobalt/copper camp in the Munali area of Zambia


Nickel exploration and development company, Albidon, believes a nickel camp is to be found within the Munali intrusion in Zambia and is continuing exploration and drilling here to increase the size of its prime Munali Nickel project and looking at prospective satellite orebodies.
Managing director Dale Rogers said after the Africa Mining Conference held in Livingstone, [...]

Tension in Bolivia, Africa to lift metals


Copper prices were buoyed on Friday by the prospect of a strike at a Peruvian mine, while Bolivia’s leftist president Evo Morales has put a shudder through the mining industry by nationalising Glencore’s tin, zinc and lead operations there.
The trend for governments to take advantage of the windfall profits being generated by miners is continuing, [...]

Surging mineral prices help Zimbabwe earn more from its minerals


The Southern African country of Zimbabwe has registered an almost six-fold increase in mineral sales for the first 10 months of the year. These totalled US$591m compared to US$103m earned in the same comparative period last year, the Minerals and Marketing Corporation of Zimbabwe (MMCZ), which is charged with the duty to sale and market [...]