Base Metals

Paladin moves to close Namibian uranium mine

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ASX-listed Paladin Energy has announced plans to put its Namibia-based Langer Heinrich uranium mine (LHM) on care and maintenance, blaming "stubbornly" low uranium prices...

Gamsberg production remains suspended whilst Vedanta searches for last missing miner

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THE search for the last of 10 miners trapped at Vedanta Zinc International's (VZI) Gamsberg zinc mine was continuing and mining activity remained suspended,...

Newmont temporarily halts work at Indonesian mine

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Newmont Mining has temporarily suspended mining operations at a copper and gold mine in Indonesia because of what it called "a geotechnical failure".

China versus Brazil over Metorex

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Market speculation is that a Chinese contender - most likely Jinchuan Mining - has made a play for Metorex in opposition to the bid by Brazilian resource giant Vale.

Vedanta’s Griffith targets $1.3bn rebuild of Konkola Copper

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VEDANTA Base Metal's top priority in Zambia will be to restore the loss-making Konkola Copper Mines (KCM) to profitability and build up production from...

COVID-19 set to dampen Zambia tax take for 2020, says Chamber...

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ZAMBIA'S struggling finances have been dented further by a decline in mining revenue during the three months to April owing to the COVID-19 pandemic,...

Orion Minerals set to announce deal on copper option, requests trading...

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ORION Minerals, the Johannesburg- and Sydney-listed base metals exploration and development firm, said it had requested a trading halt on its shares ahead of...

Jan Nelson to list copper firm on ZAR X in new...

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JAN Nelson, the former CEO of Pan African Resources, is to bring a new copper play to South Africa's ZAR X exchange, said BusinessLive. Nelson's...

Vedanta has no plans to cut jobs at Zambia’s Konkola Copper...

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VEDANTA had no plans to cut jobs following fiscal changes in Zambia, said Bloomberg News citing the acting CEO of Konkola Copper Mines, Venkatesan Giridhar. "There...

Zambia reports sharp rise in copper output

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Copper production in Zambia has risen significantly due to favourable mining conditions, says the country's central bank.