Base Metals

Zambia gives Glencore a week to defend mining licence as Mopani...

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THE Zambian government has upped the ante with Glencore saying the Swiss mining and commodities marketing firm has seven days to say why it...

Glencore seeking “way forward” with Zambia over suspension of Mopani Copper...

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GLENCORE was in discussions with the Zambian government regarding plans to place the firm's Mopani Copper Mines on care and maintenance. "Following Mopani’s recent announcement...

Zambia says Glencore unjustified and illegal in planned shuttering of Mopani...

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ZAMBIA has kicked back against plans by Glencore to put its Mopani Copper Mines on care and maintenance. The Financial Times said in a report...

Glencore’s Mopani Copper idled as COVID-19 delivers decisive blow to 2020...

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MOPANI Copper Mines in Zambia has placed its mines on care and maintenance citing the effects of the deadly COVID-19 pandemic, among other business pressures. The...

Alphamin praying on higher tin price by July 31 when rescheduled...

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ALPHAMIN Resources needs an improvement in the tin price in order to meet additional monthly debt payments which fall due from July 31, the...

Katanga Mining withholds $250m payment to Gecamines whilst executives investigated

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KATANGA Mining will withhold payment of $250m for land it agreed to buy from Gecamines in the Democratic Republic of Congo (DRC's) whilst executives...

First Quantum re-routing Zambia copper exports after SA imposes border restrictions

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FIRST Quantum Minerals was exporting copper from its Zambian mines through alternate routes after restrictions were imposed by South Africa. Commenting in an update regarding...

Anglo halts $5.3bn Quellaveco project after Peru installs 15-day COVID-19 national...

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ANGLO American has temporarily halted the development of its $5bn to $5.3bn Peru-based copper project, Quellaveco, in line with the country's 15-day national quarantine...

Alphamin exercises option to reduce 2020 capital repayments as COVID-19 hits...

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ALPHAMIN Resources Corporation (Alphamin) has exercised an option with lenders to defer capital repayments on its debt - a development that comes amid lower-than-planned...

SA Govt. awards EA for Vardocube extension of Orion’s Prieska Copper-Zinc...

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ORION Minerals has secured an environmental authorisation (EA) from the South African government for its Vardocube Resource which was "a significant milestone" in the development...