Base Metals

Congo approves US firm’s deal for Chemaf

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THE Democratic Republic of Congo has indicated it will approve the purchase of copper and cobalt miner Chemaf SA by American company Virtus Minerals...

Guinea weighs bauxite export quotas amid price slide

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GUINEA, the world's largest bauxite producer, is considering introducing export quotas for mining companies as early as this month, said Reuters on Tuesday, citing...

Orion raises $2.2bn for critical minerals fund

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ORION Resource Partners has closed its fourth mine finance fund at approximately $2.2bn, making it the largest vehicle the specialist mining financier has launched...

South32 to incur $60m cost as Mozal mothballed

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SOUTH32 said on Monday it had put its 63.7%-owned, 320,000 ton a year Mozal aluminium smelter in Mozambique on care and maintenance, effective March...

ERG unit urges Congo to halt illegal mining

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A UNIT of Eurasian Resources Group (ERG) has called on the Democratic Republic of Congo to end illegal mining on one of its copper...

Orion Minerals sets sights on wealthy equity partners

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ORION Minerals, a Northern Cape copper developer, is optimistic its most recent investor roadshow to Australia will achieve what has so far eluded it...

Zambia courts investors for copper output tripling

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ZAMBIA is seeking global investment, including from the United States, to more than triple copper output to three million tons by 2031, the country's...

Friedland warns Africa copper at risk from Iran war

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IVANHOE Mines CEO Robert Friedland has warned that copper production across Africa faces serious disruption if the conflict in Iran continues beyond three weeks,...

Australia joins G7 minerals alliance in Canada pact

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AUSTRALIA and Canada have signed a series of agreements on critical minerals as part of  efforts among the West to reduce their dependence on...

Chinese copper smelters post record output

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CHINESE copper smelters are producing record volumes of refined metal, swelling global stockpiles and threatening to cap the price gains that have driven bullion...