Friedland anticipates DRC’s ‘blue moon’ moment will end well
MINING entrepreneur, Robert Friedland, assured investors there would be a positive outcome concerning the new mining code in the Democratic Republic of Congo (DRC)...
Panama considers reopening of First Quantum copper mine
WORLD copper supply could receive a boost after Panama said it would conduct an environmental audit that could lead to the re-opening of the...
Copper gains around 1%
Copper futures rose 1% on Wednesday, reversing early losses in a choppy trading pattern that is set to continue as investors weigh increasingly positive data against fears the rally is overdone.
Orion raises R92m for copper studies amid spike in SA optimism
ASX- and JSE-listed junior copper miner Orion Minerals (Orion) is raising a further A$7.7m (about R92.3m) through the issue of 513 million shares at...
Mwana to pump $26.5m into Bindura restart
UK-listed Zimbabwean mining firm Mwana Africa is to spend $26.5m restarting its Bindura Nickel facility of which half would be debt-financed.
Motsepe issues Zambia royalty warning
Patrice Motsepe, executive chairman of African Rainbow Minerals, said changing the rules midstream, as Zambia has done with royalties, was "a no-no".
BHP sells Bayside casthouse to BEE firm
BHP Billiton is to sell its Bayside aluminium casthouse to an empowerment vehicle in which semi-fabricator Hulamin has a 40% stake.
Gertler enlists support of Congo president in effort to have sanctions...
ISRAELI businessman Dan Gertler has enlisted the support of Congo president Felix Tshisekedi in having US sanctions revoked, the New York Times has reported.
The...
Orion completes funding puzzle for Prieska Copper Zinc mine with R250m...
ORION Minerals has secured R250m in finance from the Industrial Development Corporation (IDC) for its Prieska Copper Zinc Mine (PCZM) in a development that...
Copper crashes to lowest since 2010
Copper has crashed below the psychological $8,000/tonne level, as economic fears escalate on news of a manufacturing contraction in China combined with a grim outlook for the US economy.