Zambia targets one million tons of copper a year by 2027
ZAMBIA'S annual copper production will grow more than 40% to one million tons in 2027, said Bloomberg News citing the country’s Finance Ministry.
The Ministry...
Anglo to sell iron ore, copper royalties for $195m
ANGLO American is to sell two royalty streams held through its 85% owned De Beers to Sydney-headquartered Taurus Funds Management for $195m.
The UK-listed group...
Orion’s Smart says project funding key after share price grilling
ORION Mineral shares would start to perform once the company had completed the bankable feasibility studies for its Prieska and Okiep mines, and it...
UK-listed Spac aims to roll up copper miners in Africa, S....
A MINING group led by a former executive at Russia’s largest aluminium company is seeking to buy copper miners in Africa and South America,...
Assore buys R900m stake in first non-African copper prospect
ASSORE, the 96-year old mining investment firm led by the Sacco family, has bought a C$68m (R900m) stake in Marimaca Copper, a Toronto-listed firm...
Plant closures not enough to stimulate the nickel price
AN estimated 400,000 ton cut in nickel production in the last year, about 10% of total production, might not be enough to stimulate the...
BHP to shut Aussie nickel assets as impairments rise to $3.8bn
BHP is to suspend its Australian nickel production until 2027 at least, saying it was unable to "ovecome the substantial economic challenges" of global...
Alphamin shares up as Bisie expansion delivers Q2 tin boost
SHARES in tin miner Alphamin increased 4% in Toronto on Wednesday after the company announced impressive second quarter production boosted by expansion.
Contained tin produced...
Vedanta says it has funds to pay Konkola Copper creditors
VEDANTA Resources said it had arranged funds required to start paying creditors of its Konkola Copper Mines (KCM) in Zambia as it takes steps...
Friedland forges on with reopening of century-old Congo mine
MINING entrepreneur Robert Friedland’s tour de force in developing mining projects in the Democratic Republic of Congo (DRC) reached a new milestone this week...