South32 to sell aluminium assets to Alcoa for $4.1bn
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
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
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
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
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...
South32 looking at “various options” with Mozal stake
SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation...
US-Abu Dhabi fund eyes stake in troubled Eramet
A MINING investment fund backed by the US and Abu Dhabi is in early discussions about acquiring a stake in Eramet, the troubled French...
CMOC threatened dismissal after illegal strike
WORKERS at Tenke Fungurume Mining, CMOC Group's flagship copper operation in the Democratic Republic of Congo, have returned to work after the company threatened...
Chinese nickel investors eye Africa as Indonesia policy bites
CHINESE companies that transformed Indonesia into the world's dominant nickel producer are scouting African alternatives as rising policy pressure in Jakarta unsettles the investment...
Mopani declines copper concentrate export allocation
MOPANI Copper Mines, the Zambian unit of Abu Dhabi-based International Resources Holding, will not export copper concentrate despite receiving the largest single allocation under...