Base Metals

Khoemacau Copper secures $565m for 3.6Mt first phase copper mine in...

BOTSWANA stands to receive a major boost after Khoemacau Copper Mining, a subsidiary of US-based, Cupric Canyon Capital, said it had secured $565m in...

South32 mulling 500 job cuts at Hillside aluminium, according to union...

SOME 500 jobs could be cut at South Africa's Hillside aluminium smelter owned by South32, said Reuters citing the views of trade union, Solidarity. Hillside...

BHP posts slide in interim profit lower ore quality from Escondida...

BHP posted an eight percent decline in interim profit today as copper earnings slumped because of declining ore quality at its Escondida mine and...

Year-long slide in cobalt price expected to end as artisanal supplies...

THE 12-month decline in the price of cobalt was coming to an end, but significant inventories of the metal would put the brakes on...

First Quantum Minerals among bidders for 17% stake in ZCCM-IH

First Quantum Minerals was one of several companies that had bid for a 17% stake in the state-owned mining investment firm, Zambia Consolidated Copper...

Zambia describes Barrick meeting over Lumwana as having gone “extraordinarily well”

TALKS between the Zambian government and Barrick Gold regarding the future of the Canadian firm's Lumwana copper/gold mine were said by mines minister, Richard Musukwa...

Orion to weigh funding options as Prieska zinc-copper study nears completion

ORION Minerals has set about the task of how it will raise finance for its Prieska zinc-copper project, a brownfield development set in South...

Vedanta has no plans to cut jobs at Zambia’s Konkola Copper...

VEDANTA had no plans to cut jobs following fiscal changes in Zambia, said Bloomberg News citing the acting CEO of Konkola Copper Mines, Venkatesan Giridhar. "There...

Orion Minerals agrees new $3.6m loan facility with Tembo, extends convertibles

ORION Minerals, a Johannesburg- and Sydney-listed exploration company, said it had agreed with lender, Tembo Capital, that the UK fund provide a $3.6m loan...

First Quantum calls off 2,500 job cull in favour of talks...

FIRST Quantum Minerals is to end plans to layoff 2,500 workers in Zambia due to higher tax plans in favour of continuing discussions with...