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LABOUR

Vedanta's KCM says to cut 2 000 mining jobs in Zambia

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Zambia's Konkola Copper Mines owned by London-listed Vedanta Resources will cut 2 000 jobs to restore profits, the company said on Friday, in a move likely to spark labour unrest in the continent's top copper producer. "With the depression in the...

By: Reuters

24th May 2013

BASE METALS

Disruptions tighten copper supply, surplus narrows

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A series of copper mine shutdowns and supply logjams has prompted some analysts to scale down forecasts for a market surplus, but it would take more disruptions to swing the market into a deficit. "People are making adjustments, we certainly are....

By: Reuters

24th May 2013

COPPER

Palabora resumes hoisting operations

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JSE-listed Palabora Mining on Friday said that its hoisting systems returned to operation this week. The South African copper producer suspended hoisting operations of its north hoisting winder after a process control failure led to tangled tail...

By: Natasha Odendaal

24th May 2013

BASE METALS

KBL outlines cost reduction plan

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Metals miner KBL Mining on Friday said that it was undertaking a number of cost-cutting measures, including reducing staff, in light of recent market volatility. The miner also announced that it was looking at selling equity stakes in its...

By: Esmarie Swanepoel

24th May 2013

Nickel

Norilsk changes Africa, Australia CEOs, reports first quarter outputs

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World number one nickel and palladium producer MMC Norilsk Nickel (Norilsk) has announced that the new CEO of Norilsk Nickel Africa is Michael Marriott, who was previously the Deputy Director of Norilsk’s Overseas Production Assets Department....

By: Keith Campbell

24th May 2013

COPPER

Chile miner Codelco's chairperson Jofre tapped to serve until 2017

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Chile president Sebastian Pinera has tapped Gerardo Jofre to stay on as state miner Codelco's chairperson until May 2017, the world No 1 copper producer said in a statement on Thursday. Conservative Pinera has also named civil engineer Blas...

By: Reuters

23rd May 2013

PERMITTING

EMED completes TMF design for flagship Spanish project, timeline slips

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Project developer EMED Mining, which is working to restart production at its flagship Rio Tinto mine, in Spain’s Andalucia region, on Thursday said it had completed the design of the tailings management facility (TMF) after it was confirmed that...

By: Henry Lazenby

23rd May 2013

ALUMINIUM

Glencore set to appoint Caplan as aluminium boss – source

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Trader Andrew Caplan is set to become the new head of Glencore Xstrata's aluminium division after the departure of veteran Gary Fegel, a source with direct knowledge of the situation said. A relative newcomer by Glencore standards, Caplan joined...

By: Reuters

23rd May 2013

Topics in these articles

City	Company	Country	Industry Term
London LUSAKA SYDNEY Johannesburg Perth Moscow SANTIAGO Toronto	Konkola Copper Mines Vedanta Resources Freeport McMoRan Reuters Rio Tinto Societe Generale Standard Bank BCL MMC Norilsk Nickel Nkomati Norilsk Nickel Africa Norilsk Nickel Australia Tati Nickel Codelco Cedex EMED Mining EMED Mining Tartessus Century Aluminum Glencore Xstrata	Zambia China India Indonesia Singapore Botswana Finland South Africa Chile Spain	Copper Producer Refined Metal Scrap Metal Mining Palladium Producer Red Metal State Miner Alumina Trader Aluminium Producer
Currency	Natural Feature	Person	Technology
USD AUD	Bingham Canyon Mineral Hill Parkers Hill Sorby Hill Sorby Hills Lake Johnson	Grasberg Leon Westgate Matt Fusarelli Robin Bhar Sanjay Saraf Jim Wall John Richards Edwin Van Leeuwen Michael Marriott Wayne Venter Blas Tomic Errazuriz Gerardo Jofré Jorge Bande Sebastian Pinera Harry Anagnostaras-Adams Andrew Caplan Gary Fegel Steven Blumgart	Process Control
Facility	Province Or State	Region	Product
Mineral Hill Mine Australian Institute Of Company Directors University Of Johannesburg Ministro Hales Mine Rio Tinto Mine	Western Australia	Western Australia	Ministro Hales