miningmx

CoM adds voice to Zambia tax hike

by Chimwemwe Mwanza | 12-Feb-08 10:55 | add a comment

Zambia's Chamber of Mines says the proposed increase in royalties is retrograde to the country as a stable investment destination. Read ›

TEAL plots copper growth past 65,000 T

by Allan Seccombe | 11-Feb-08 16:34 | add a comment

TEAL plans to be a 65,000 tonne copper producer by 2012 and is starting to seek out other exploration projects to grow beyond that date. Read ›

TEAL sanguine on capital for copper plans

by Allan Seccombe | 11-Feb-08 15:13 | add a comment

Having a 65% shareholder in the form of ARM, one of South Africa's largest empowerment companies, will be hugely beneficial for TEAL when it begins raising $450m towards its copper projects in DRC and Read ›

High River plans 140k oz from Burkina

by Allan Seccombe | 09-Feb-08 17:46 | add a comment

High River Gold, a Toronto-listed firm, is bringing its Burkina Faso mine, Taparko, on stream shortly adding Africa to its developing and developed world mix of gold mine production. Read ›

First Quantum expects smelter constraints

by Allan Seccombe | 09-Feb-08 13:27 | add a comment

Copper production would be relatively unaffected by regional power shortages but the problem comes into the smelting side, said First Quantum Minerals. Read ›

Legal defence mooted on Zambia tax shock

by Allan Seccombe | 09-Feb-08 12:34 | add a comment

But the Zambian mines minister says international arbitration would be ill advised and asks mining firms to get on with the job, writes Allan Seccombe. Read ›

Zambia govt. issues exploration warning

by Allan Seccombe | 08-Feb-08 18:14 | add a comment

The Zambian government has turned the screws on the mining sector saying tardiness would not be tolerated by explorers. Read ›

Gecamines to slash $2bn in debt

by Allan Seccombe | 08-Feb-08 17:19 | add a comment

But it will mean CEO, Paul Fortin, will have to oversee job losses totalling nearly 4,000 and other cost cutting devices. Read ›
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