Freeport progresses on Indonesian mine restart
FREEPORT-McMoRan is advancing plans to restart its Indonesian copper operation following September's deadly mudslide that closed the facility crucial to global supplies.
The company has...
Andrada signs $51m farm-in with US fund for Brandberg West
ANDRADA Mining has agreed to sell up to 49% in a tin, copper, and tungsten prospect in Namibia in return for $51m.
The Namibian tin...
Alphamin flourishes despite “elevated risk” of Congo conflict
ALPHAMIN said security risks in Democratic Republic of Congo's North Kivu province where it operates the Bisie tin mine remained elevated amid "an increased...
Congo directs first copper shipment to US market
THE Democratic Republic of Congo has dispatched its inaugural copper consignment to the US through an arrangement with Mercuria Energy Group, said Bloomberg News.
The...
Nickel retreats as Indonesia withholds output cut details
NICKEL prices extended losses after Indonesia failed to specify production reductions that had previously sparked a sharp rally in the battery metal, said Bloomberg...
AI and defence will strain copper supplies
GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...
Jubilee receives further payment for SA exit
JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...
Copper prices surge to record on tariff uncertainty
COPPER has extended its powerful rally, breaking through $13,000 per ton for the first time as traders rushed to ship metal to the United...
Copper surges towards record on supply concerns
COPPER rallied about three percent towards record levels as traders anticipated tightening supplies and potential United States import tariffs in the new year.
"Overall supply...
Pressure on Eskom as South32’s Mozal edges towards closure
PRESSURE on Eskom, South Africa’s main electricity supplier, to come up with more affordable power tariffs for more of its industrial customers has intensified...