Ivanhoe’s Friedland hits out at ‘fiction’ that mining copper in Chile...
BILLIONAIRE mining entrepreneur, Robert Friedland, put the boot into Chile and its established major copper mining groups.
Friedland, whose company Ivanhoe Mines is developing major...
First Quantum to pay ZCCM-IH in revenue royalty following Zambia tax...
FIRST Quantum Minerals has agreed to convert dividends from its Zambian copper mine Kansanshi to a revenue royalty, the Canadian firm said today.
The agreement...
Barrick say sell Lumwana copper mine to Chinese in second half...
BARRICK Gold was preparing to sell its Lumwana copper/gold mine in Zambia, according to a report by Reuters which cited three sources with knowledge...
Miners propose sliding scale of price-linked royalties in DRC talks
MINING firms operating in the Democratic Republic of Congo (DRC), including Glencore and Randgold Resources, want the central African government to replace the windfall...
ZCCM-IH in discussions with Glencore to buy shares in Mopani Copper...
ZAMBIA'S state-owned base metals miner, ZCCM-IH, was in talks with Glencore about acquiring more shares in Mopani Copper Mines, said Reuters citing Richard Musukwa,...
Gold hits record as Vietnam mulls imports
Spot gold has hit an all-time peak on a weak dollar and after Vietnam said it may allow gold imports if prices keep rising.
AfriTin starts up Uis tin plant, but puts out hot commissioning...
UK-listed base metals development firm, AfriTin Mining, said it had started commissioning its processing plant at its Uis prospect in Namibia, although hot commissioning...
Khoemacau Copper secures $565m for 3.6Mt first phase copper mine in...
BOTSWANA stands to receive a major boost after Khoemacau Copper Mining, a subsidiary of US-based, Cupric Canyon Capital, said it had secured $565m in...
ARM, Vale launch Konkola copper mine
Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.