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US set to approve South32’s Arizona zinc mine

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THE Trump administration is expected to approve South32's $2bn Hermosa zinc and manganese project in Arizona this week, with the US Forest Service set...

Congo cobalt exporters face R1.1bn losses from glitch

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LEADING cobalt producers operating in the Democratic Republic of Congo could forfeit portions of their first-half export allowances after a technical fault hit a...

Copper helps drive investors back to Zambia after default

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ZAMBIA'S mining, energy and agriculture sectors are drawing fresh investor interest as the country's fiscal consolidation takes hold following its emergence from sovereign default,...

Vedanta pulls copper unit’s US listing

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VEDANTA Resources has postponed the New York stock market debut of its copper subsidiary CopperTech Metals, blaming volatile conditions in global mining equities, just...

South32 waiting for IDC to play hand in Mozal sale

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SOUTH32 is waiting for firm proposals from minority shareholders in Mozal Aluminium before progressing recently hatched plans to sell the 370,000 ton a year...

South32 to sell aluminium assets to Alcoa for $4.1bn

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SOUTH32 is to sell its aluminium assets, including South Africa's Hillside facilities but excluding the shuttered Mozal Aluminium in Mozambique, to Canada's Alcoa for...

Congo to claw back unused cobalt quotas

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COBALT producers in the Democratic Republic of Congo must forfeit export quotas left unused from the first half of this year, said Bloomberg News...

CopperTech Metals seeks $3.6bn valuation in US listing

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COPPERTECH Metals is targeting a valuation of up to $3.57bn through a US initial public offering, offering 23.5 million shares priced between $16 and...

Anglo calls for “timely receipt” of permits for Chile copper JV

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ANGLO American said today it had finalised an agreement with Chile's Codelco for the joint development of the Los Bronces and Andina mines. The partners...

Exxaro in advanced talks on copper diversification

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EXXARO Resources is in advanced discussions regarding a potential copper investment which it hopes to advance in the next 12 months, the group's head...