Copper 360 rejigs debt as benefits from producer status
NORTHERN Cape junior copper producer Copper 360 has restructured R276.6m of short-term debt into long-term debt cutting the interest rate it is paying by more...
Sibanye-Stillwater says Appian mine sale “crystallises” damages
THE sale of Mineração Vale Verde (MVV) for $420m last week could have a bearing on the extent of damages Sibanye-Stillwater might have to...
Barrick proposes name change to reflect push into copper
BARRICK Gold Corp. has proposed dropping "gold" from its name as it expands its copper mining operations, according to a report by Bloomberg News.
"We...
Copper 360 CEO says firm has “turned a corner”
COPPER 360, a start-up copper miner operating in South Africa's Northern Cape, said it had "turned a corner" as it sought to meet production...
Orion Minerals CEO Errol Smart announces resignation
ORION Minerals said on Thursday its founding CEO Errol Smart is to resign with near immediate effect "following the recent achievement of key milestones".
He...
Copper price forecast to set new record this year
THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...
Orion sets out new study for R7.59bn Prieska copper project
ORION Minerals today set down its definitive feasibility study for construction of a brownfields copper mine in the Northern Cape producing 22,000 tons of...
EU designates Anglo’s Sakatti copper project ‘strategic’
ANGLO American said on Tuesday its Sakatti project in Finland had been designated strategic by the European Commission – a development that would improve...
Alphamin evacuates Bisie as rebels bear down on Congo mine
ALPHAMIN Resources has suspended mining at its Bisie tin mine in the Democratic Republic of Congo as insurgent military groups bear down on the...
China’s reliance on Congo copper growing, say traders
CHINA is forecast to import more off-exchange refined copper this year predominantly from the Democratic Republic of Congo where production of the red metal...