Base Metals

CopperTech Metals seeks $3.6bn valuation in US listing

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COPPERTECH Metals is targeting a valuation of up to $3.57bn through a US initial public offering, offering 23.5 million shares priced between $16 and...

Anglo calls for “timely receipt” of permits for Chile copper JV

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ANGLO American said today it had finalised an agreement with Chile's Codelco for the joint development of the Los Bronces and Andina mines. The partners...

Exxaro in advanced talks on copper diversification

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EXXARO Resources is in advanced discussions regarding a potential copper investment which it hopes to advance in the next 12 months, the group's head...

South32 looking at “various options” with Mozal stake

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SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation...

US-Abu Dhabi fund eyes stake in troubled Eramet

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A MINING investment fund backed by the US and Abu Dhabi is in early discussions about acquiring a stake in Eramet, the troubled French...

CMOC threatened dismissal after illegal strike

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WORKERS at Tenke Fungurume Mining, CMOC Group's flagship copper operation in the Democratic Republic of Congo, have returned to work after the company threatened...

Chinese nickel investors eye Africa as Indonesia policy bites

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CHINESE companies that transformed Indonesia into the world's dominant nickel producer are scouting African alternatives as rising policy pressure in Jakarta unsettles the investment...

Mopani declines copper concentrate export allocation

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MOPANI Copper Mines, the Zambian unit of Abu Dhabi-based International Resources Holding, will not export copper concentrate despite receiving the largest single allocation under...

Zambia extends copper concentrate export duty waiver

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ZAMBIA has extended a suspension of its 10% copper concentrate export duty to 30 September, giving miners more time to clear stockpiles of unprocessed...

Vedanta’s CopperTech files for New York listing

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COPPER Tech Metals, the Zambian copper producer set up by Vedanta Resources, has filed for a US initial public offering, reporting a more than...