Base Metals

Copper by Christmas? Juniors get real about capital markets

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TONY Lennox, CEO of Orion Minerals since May, is hoping to deliver on the mineral development firm's decade-long promise of copper production, starting with...

First Quantum secures $1bn gold streaming deal

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CANADIAN mining company First Quantum Minerals has struck a $1bn gold streaming arrangement with Royal Gold's subsidiary, providing immediate capital in exchange for future...

Congo and Rwanda forge minerals cooperation pact

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RWANDA and the Democratic Republic of Congo have established preliminary terms for a regional economic partnership, addressing Kinshasa's longstanding concerns about the exploitation of...

Copper tariff exemption triggers trading chaos

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GLOBAL copper markets suffered their most severe disruption in a year marked by policy volatility and extraordinary price fluctuations after President Donald Trump's last-minute...

Copper 360 investors face dilution as new debt restructure planned

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SHAREHOLDERS in Copper 360 are facing the prospect of major dilution after the company said in an announcement on Tuesday it was in talks...

Ghana cancels bauxite lease for overseas partnership

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GHANA has scrapped a major bauxite deal with domestic company Rocksure International, opting instead to pursue international partnerships for developing one of West Africa's...

Glencore to shutter final Australian copper mines

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GLENCORE will close its final two copper mines in Queensland's Mt Isa next week, ending more than 60 years of upstream operations after deeming...

Sibanye-Stillwater extends US recycling with $82m Metallix deal

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SIBANYE-Stillwater announced on Monday it agreed to buy US-based precious metals recycling business Metallix Refining for $82m (R1.5bn) in cash. Metallix Refining, a profitable company...

US consortium eyes Congo copper firm acquisition

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A US investment group featuring ex-military personnel is working to buy Chemaf Resources, a mining firm in the Democratic Republic of Congo that has...

Vedanta unit plans major Zambian smelter upgrade

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KONKOLA Copper Mines (KCM) will overhaul its Zambian smelter facility as part of efforts to boost production following last year's return to full operations...