Orion clinches watershed $250m deal with Glencore
ORION Minerals finally has liftoff on its Prieska Copper Zinc Mine after unveiling today a major financing and offtake deal with Glencore of up...
Anglo finalises copper JV with Chile’s Codelco
ANGLO American and Chile's Codelco announced today they had reached a final agreement for the joint development of their mines Los Bronces and Andina.
The...
MMG confident Anglo nickel deal will pass muster
CHINESE-owned MMG is confident it will secure European regulatory approval for its $500m acquisition of Anglo American's nickel assets, according to a report in...
Zambia disputes scale of Chinese mine spill
THE Zambian government has refuted an independent estimate of toxic acid spillage from a Chinese state-owned copper mine, insisting cleanup operations have commenced following...
Copper 360 founding CEO resigns from board
COPPER 360 announced on Wednesday its chairman and founding CEO Jan Nelson had resigned from the board effective September 9.
The company thanked him for...
Chile hails copper merger as strategic victory
THE £53bn merger between Anglo American and Teck Resources represents a union of assets with "extraordinary value," according to Chile's state copper producer Codelco.
"Chile...
Briggs confident Copper 360 will raise funds
COPPER 360 CEO Graham Briggs expects little difficulty securing the final R50m of the struggling miner's R1.15bn recapitalisation, describing the task in an interview...
Copper 360 launches R1.15bn recapitalisation
COPPER 360 on Friday unveiled plans to recapitalise its under-pressure balance sheet in which it would issue shares and convert debt to the tune...
Nickel price collapse strengthens China’s grip
NICKEL prices have plummeted to just over $15,000 per ton – roughly one-third of their 2022 peaks – undermining Western efforts to reduce dependence...
Brazil probes Anglo American nickel disposal
BRAZIL'S competition regulator has opened an investigation into Anglo American's proposed disposal of its nickel assets in the country, creating fresh obstacles for the...