Angola to inaugurate first major copper mine
ANGOLA will shortly commence production at its inaugural large-scale copper mine as the oil-dependent nation seeks to diversify into clean energy minerals, said Reuters...
South32 draws blank on Mozambique smelter talks
SOUTH32 said it had drawn a blank with the Mozambican government regarding the future of the 370,000 tons a year Mozal aluminium smelter.
The miner...
Traders anxious as copper market shows vulnerability
COPPER traders gathered in London for the annual LME Week are growing increasingly nervous about the market's fragility, despite prices hovering near record levels,...
Congo quotas could push cobalt into deficit in 2026
COBALT prices have reached a three-year peak as export restrictions in the Democratic Republic of Congo threaten supply shortages of the critical battery material,...
Friedland warns tensions escalating copper shortage
BILLIONAIRE mining entrepreneur Robert Friedland has warned that deteriorating international relations are disrupting global supply chains with serious implications for the copper industry.
The founder...
Exxaro reins in copper ambitions after manganese deal
SOUTH African coal producer Exxaro Resources has scaled back ambitions to add copper to its portfolio after losing out on a producing mine in...
Ivanhoe achieves record zinc output from Congo mines
IVANHOE Mines reported record quarterly zinc production and robust copper output from its Democratic Republic of Congo operations, maintaining momentum despite earlier disruptions.
Citing a...
Orion boosts capital raise to A$7.7m amid copper price run
ORION Minerals said on Thursday it had increased funds from a capital raise announced earlier this week to A$7.7m (R89m) from A$5.5m.
The copper and...
China slashes non-ferrous metals growth targets
CHINA has dramatically reduced its production growth ambitions for major non-ferrous metals over the next two years, signalling a strategic pivot towards efficiency and...
Copper soars after Indonesian mine tragedy
COPPER prices have surged above $10,300 per ton on the London Metal Exchange following Freeport-McMoRan's declaration of force majeure at its Grasberg mine in...