Copper 360 anticipates dividend despite missed targets
IT'S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent...
Copper glut in China signals risk of growing oversupply
COPPER stockpiles in Shanghai Futures Exchange warehouses have grown to their highest level since 2020 following a price hike and tepid demand, said the...
Zambia lays ground work for minerals trading company
ZAMBIA this week approved the creation of a special purpose vehicle that will invest and trade in the country's mineral resources, said Bloomberg News.
It...
Sibanye-Stillwater to duke out $1.2bn Appian claim this week
NEAL Froneman, CEO of Sibanye-Stillwater is scheduled to testify on June 20 in the long-standing legal matter with Appian Capital Advisory.
Opening statements will be...
Copper 360 facing ‘make-or-break’ as output disappoints
THE current year to end-February 2025 will be make or break for junior miner Copper 360 which has reported poor financial and production performances...
Bill Gates’ KoBold may spend $2.3bn building Zambia copper mine
A MINING exploration company in which Bill Gates has a stake could spend $2.3bn building a new major copper mine in Zambia, said Bloomberg...
Glencore in talks to exit Kazzinc operations
GLENCORE was considering selling its stake in Kazzinc as CEO Gary Nagle continues the group's strategy of portfolio simplification, said Bloomberg News.
Glencore is also...
Miners cashing in on traders desperate for copper
MINING companies are cashing in on demand for copper by demanding huge upfront payments for the metal or extra-long supply contracts, said Bloomberg News.
Eurasian...
Canadian firm plans to resurrect troubled Botswana mine
IN yet another "blast from the past" and a "rave from the grave" for the Southern African mining sector a Canadian junior is looking...
Copper 360 to start underground mining at Rietberg early
COPPER 360 has taken delivery of underground mining equipment for its Rietberg Mine development in South Africa's Northern Cape.
The equipment, financed in installments with...