Glencore expects substantial unsold cobalt amid Congo ban
GLENCORE said a significant portion of its cobalt would remain unsold in 2025 owing to the Democratic Republic of Congo's extended export suspension of...
Glencore posts 30% hike in net debt as coal, copper slump
GLENCORE posted an interim attributable loss on Wednesday of $655m (2024: -$233m) owing to continuing slump in coal prices and disappointing copper output.
Mining earnings...
Guinea seizes bauxite mine from Emirates Global Aluminium
GUINEA'S military government has transferred a bauxite mining lease from Emirates Global Aluminium's local subsidiary to a newly established state-owned entity, escalating tensions over...
Copper by Christmas? Juniors get real about capital markets
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
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
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
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
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
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
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...