South32 sells Colombian nickel operations amid price collapse
AUSTRALIAN diversified miner South32 has announced it will incur an impairment charge of $130m related to the sale of its Cerro Matoso ferronickel operations...
Orion halts ASX trade ahead of capital raise
A TRADING halt in Orion Minerals shares on the Australian Stock Exchange could indicate that the company has begun the fundraising flagged by former...
Copper market in extraordinary trading conditions
LONDON copper prices have surged to near yearly highs as the metal enters backwardation, creating unprecedented market volatility driven by a scramble for dwindling...
Alphamin gets Bisie back on track after war-enforced stoppage
TIN miner Alphamin, which had to temporarily suspend operations at its Bisie mine in Northeast DRC for almost a month earlier this year because...
Soaring costs heap pressure on Copper 360
JUNIOR copper miner Copper 360 is going to need more capital to achieve its 6-12 month goal of scaling its production up to 40,000...
Ivanhoe to overhaul mining at Congo’s Kakula mine
FUTURE mining operations at the Kakula copper mine in the Democratic Republic of Congo would be drastically modified following seismic activity in May which...
Copper projects hamstrung by spiralling cost of capital
THE cost of capital was increasingly becoming a challenge in building new copper mines as resurgent inflation and factors such as infrastructure development drove...
Congo cobalt ban and peace deal mark crossroads
TWO major developments in the Democratic Republic of Congo have been largely obscured as global attention focuses on conflict in the Middle East, said...
First Quantum suspends operations after fatal accident
FIRST Quantum Minerals said on Monday it had temporarily suspended operations in the area of an accident at the Trident project in Zambia which...
Afrimat CEO says firm “caught napping” on Nkomati mine
AFRIMAT'S management was "caught napping" in addressing multiple challenges at its Nkomati Anthracite Mine, CEO Andries van Heerden acknowledged in the company's annual report,...