Base Metals

Congo considers imposing cobalt export quotas after ban

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THE Democratic Republic of Congo may introduce cobalt export quotas to curb oversupply and boost prices, said Reuters citing three sources familiar with the...

Congo’s cobalt export ban sparks chaos

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SHARES of Chinese cobalt producers surged on Tuesday following a shock four month export ban on export of the metal by the Democratic Republic...

Congo to cut cobalt exports for four months

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THE Democratic Republic of Congo will suspend cobalt exports for four months to rein in oversupply of the battery metal on the international market,...

Anglo agrees joint plan with Codelco for copper mines

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ANGLO American today announced plans for a joint mine plan with Codelco in Chile that will see the partners produce 2.7 million tons of...

Congo miner Alphamin says conflict could affect Bisie

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ALPHAMIN Resources Corp said on Tuesday it continued to operate "within guidance parameters" but acknowledged its risk profile "has increased" after fighting continued in...

Anglo to sell nickel business to MMG for $500m

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ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m. The...

First Quantum not in rush to sell minority stake in Zambia...

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FIRST Quantum Minerals will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts...

Copper 360 starts development of Rietberg mine

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COPPER 360 on Wednesday said it had started development of its Rietberg underground mine in the Northern Cape with the first on-ore blast taking place...

Naidoo returns to Vedanta to oversee critical minerals drive

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VEDANTA Resources, the London-based parent company of Vedanta Ltd, has appointed South African mining executive Deshnee Naidoo as its CEO. Naidoo was previously head of...

Copper 360 mulls entering renewable power distribution

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COPPER 360 has signed a deal to acquire 55MW of wind power for R60m which it said on Wednesday could form the business of...