Base Metals

The most common base metals are copper, lead,nickel, tin, aluminium, and zinc. Base metals are used in a wide variety of applications. For example, lead has proven to be a reliable source for batteries, and nickel often is used to strengthen and harden metal alloys, including stainless steel. Base metals also are used frequently to coat other metals. For example, zinc is used to coat galvanized steel.

Definitely no nationalisation of SA mines

[img:Mines%20guy_0.gif|Jacinto Rocha,
Deputy Director
General, DME
]Johannesburg, South Africa --- MININGREVIEW.COM --- 14 October 2008 - South Africa may revamp a dormant state-owned company to buy and run mining operations across the country’s metals portfolio, but it will definitely not consider nationalisation of mining assets.

Reporting from here today, Reuters quoted a government spokesman as saying the company –  African Exploration, Finance and Mining Corporation – was expected to operate alongside other mining firms in South Africa, but it was unclear in which sector the company would focus its operations.

Albidon earns first income from Munali

[img:Albidon_0.JPG|The box cut at
Albidon’s Munali nickel
project in Zambia
]Perth, Australia --- MININGREVIEW.COM --- 14 October 2008 - ASX and AIM-listed Albidon Limited – an Africa-focused exploration and development company with an emphasis on nickel – has reached another major milestone in its Munali project in Zambia by receiving its first revenue the venture has earned.

DRC seeks US$80 billion dam

[img:Dam%20-%20Pic%201_0.jpg|The Congo River,
with Kinshasa in
the background
]Kinshasa, DRC --- MININGREVIEW.COM --- 14 October 2008 - The Democratic Republic of Congo (DRC) is seeking an agreement with other African nations to develop an US$80 billion (R720 billion) dam across the Congo River to produce 40 000 MW – twice the current capacity of China's Three-Gorges Dam.

New mining investment for Zambia

[img:Copper%20bush_0.jpg|The tranquil Luapula
province – could become
a mining giant
]Lusaka, Zambia --- MININGREVIEW.COM --- 13 October 2008 - The government of Zambia intends exploiting the vast mineral deposits in the Luapula province of the Southern African country, and turning it into another Zambian mining giant.

Quoting The Times of Zambia, allAfrica.com reports that acting President, Rupiah Banda told a rally in Mwansabombwe that  the Government was determined to ensure that Luapula – situated in the north of the country – also became a major producer of minerals like the country’s North-Western Province.

SA mining production down, but mineral sales rise

[img:Mining%20farm_0.jpg|Ore on the conveyor
into the plant – but
production is down
]Johannesburg, South Africa --- MININGREVIEW.COM --- 10 October 2008 - Total mining production in South Africa – the world’s biggest precious metals producer –decreased by 0.5% from the previous quarter in the three months to 31 August 2008, and by 8% compared to the corresponding quarter of 2007.

Burundi has exploitable nickel reserves

[img:Burundi%20town_0.jpg|Central Bujumbura –
capital city of
Burundi
]Bujumbura, Burundi --- MININGREVIEW.COM --- 09 October 2008 - The government of the central African state of Burundi has revealed that it has 4.2 million tonnes in nickel reserves, which could be expected to allow for exploitation over a minimum of half a century.

Reuters reports from here that mines and energy minister Samuel Ndayiragije told the news agency in an interview that mining of the metal could not start for five years, however, due to insufficient energy. “After that,” he added, “research studies showed that our nickel could be exploited over a period of 50 years or more.”

Equinox secures US$80 million loan to complete Lumwana

[img:Lumwana%20cons_0.jpg|Crusher ore
stockpile conveyor
at Lumwana copper
mine in Zambia
]Toronto, Canada --- MININGREVIEW.COM --- 06 October 2008 - Equinox Minerals Limited – an international exploration and mine development company, dual listed on the Canadian (Toronto) and Australian stock exchanges – has signed a new US$80 million (R650 million) loan facility, underwritten by Standard Bank Plc and Standard Chartered Bank, to fund the delayed completion of its massive Lumwana copper project in north-western Zambia.

Miners march against racism

[img:NUM%20-%20Pic%201_0.jpg|Miners on the job –
but thousands held a
protest march at
the weekend
]Johannesburg, South Africa --- MININGREVIEW.COM --- 06 October 2008 - Thousands of South African mineworkers held a weekend march in protest against racism in the mining and construction sectors.

The country’s largest mineworkers’ union – the 320 000-strong National Union of Mineworkers (NUM) – said members marched to deliver a letter of complaint to the Chamber of Mines about racism and the low levels of affirmative action in South Africa.

Junior mining sector to be trimmed

[img:Junior%20-%20Pic%201_0.jpg|Toronto, where the
Canadian Investment
Conference heard about
hard times for juniors
]Toronto, Canada --- MININGREVIEW.COM --- 06 October 2008 - The number of publicly-traded junior mining companies is likely to decrease as tight credit conditions and plunging commodity prices force explorers to either find deep-pocketed partners or disappear.

Mining boosts Kenyan economy

[img:Kenya%20place_0.JPG|The mill bin and
ball mill at the
Lolgorien licence
area, in Western
Kenya
]Nairobi, Kenya --- MININGREVIEW.COM --- 03 October 2008 - Growth in the economy of Kenya – the largest in East Africa – rebounded in the second quarter of 2008, boosted by stronger output in the country’s retail industry and substantial expansion in the mining sector.

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