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.

Anglo American profits up

[img:Night_0.jpg|Modikwa platinum mine
– one of Anglo
American’s South African
]London, England --- MININGREVIEW.COM --- 01 August 2008 - International mining giant Anglo American Plc posted record earnings and operating profits for the first six months of 2008, and is expecting an even stronger second half of the year in terms of operational performance.

DRC mining income up, but so are costs

[img:Congo%20Revenue%20-%20Pic%201_0.jpg|Teal’s Kalumines
project in the DRC
– one of the richest
deposits in the world
]Kinshasa, DRC – MININGREVIEW.COM --- 31 July 2008 - The effects of measures to fight mineral export fraud have boosted the Democratic Republic of Congo (DRC) government’s income from copper and cobalt mining this year, but red tape and higher local taxes are driving up costs for mining companies.

Rio Tinto’s US$2 billion

[img:New%20Rio%20-%20Pic%201_0.jpg|A stockpile of iron
ore graded by lump
size awaits haulage to
the loading facility on
the nearby Paraguay
River at Corumba,
in Brazil
]London, England --- MININGREVIEW.COM --- 30 July 2008 - Rio Tinto – a London and New York-listed international mining group headquartered in the United Kingdom – is to invest US$2.15 billion (R17 billion) in major expansion of its Corumbá iron ore mine in Brazil, boosting annual capacity of the mine more than six-fold from 2 million to 12.8 million tonnes per annum.

World copper output keeps rising

[img:Copper2_2.jpg|As it comes from
the mine, copper, like
other mined metals,
is quite impure
]London, England --- MININGREVIEW.COM --- 30 July 2008 - World copper mine production rose by 26% to 15.4 million tonnes in the 10 years to 2007, and international mine capacity increased by more than 37% to 17.9 million tonnes over the same period.

Quoting the Lisbon-based International Copper Study Group (ICSG) from here, Reuters said: “the mine capacity utilisation rate averaged 91% during the period, although the rate fell sharply during the second half, and averaged only 87% in 2006-2007.” According to the ICSG, this was as a result of lower head grades, labour unrest, equipment and utility shortages, and operational failures.

Teal signs with the Chinese

[img:Teal2_0.jpg|The existing shaft
structure at Teal’s
Konkola North property
in Zambia
]Lusaka, Zambia --- MININGREVIEW.COM --- 29 July 2008 - Teal Exploration and Mining Incorporated – a Toronto and JSE-listed mineral development and exploration company building a solid track record in southern and central Africa – has formally agreed a forward deal for processing copper concentrate with a Chinese-owned copper smelter currently under construction in Zambia.

US$10 billion mining investment in Cameroon

[img:Cameroon1_0.jpg|The road into
central Yaounde,
in Cameroon
]Yaounde, Cameroon --- MININGREVIEW.COM --- 28 July 2008 - Cameroon is luring a flood of new mining investors who it hopes will invest over $10 billion (R80 billion) and create over 27 000 jobs in the country over the next few years.

Reuters reports from here that Cameroon – rich in such minerals as bauxite, iron ore, cobalt, nickel and uranium, but long troubled by poor infrastructure, red tape and costly corruption – is now attracting the attention of some major new companies.

Kumba – an impressive first half-year

[img:Kumba2_0.jpg|Another heavy-duty
truck loads up in
the pit at Kumba’s
Sishen mine
]Johannesburg, South Africa --- MININGREVIEW.COM - Higher sales volumes and stronger iron ore prices have enabled Kumba Iron Ore Limited – Africa’s top iron ore producer – to post an impressive first half operating performance, with substantial increases in revenue, profit, operating margins and headline earnings.

Strike threatens mine production

[img:gold%20fields%201.thumbnail.JPG|Gold Fields’ South
Deep mine – one of
a large number affected
by today’s strike
]Johannesburg, South Africa --- MININGREVIEW.COM --- 23 July 2008 - Today’s strike in protest against rising power prices has involved thousands of South African workers from various walks of life, but is also threatening production at various of the country’s mines in four provinces.

Cosatu strike today

[img:Strike3_0.jpg|Impala Platinum –
one of the mines
which could be hit
by today’s strike
]Johannesburg, South Africa --- MININGREVIEW.COM --- 23 July 2008 - South African unions are staging a one- day strike in four provinces today, possibly cutting production at mines owned by the two largest platinum producers, Anglo Platinum Limited and Impala Platinum Limited.

SA group bids for stake in Zisco

[img:Zisco%20-%20Pic%201_0.jpg|Furnaces at the
Metallurgical Construction
Company of China
]Johannesburg, South Africa --- MININGREVIEW.COM --- 23 July 2008 - The Reclamation Group of Companies – a South African recycling and waste management company consolidating 14 recycling businesses throughout South Africa and in Mozambique – is one of three companies reported to have made bids for a stake in the struggling Zimbabwe Iron & Steel Company (Zisco).

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