Glencore’s Nagle ups ante with $6bn M&A warchest as copper deficit...
GLENCORE could spend up to $6bn on mergers and acquisitions and might even break with custom by building a greenfields mine as it chased...
First Quantum to pay ZCCM-IH in revenue royalty following Zambia tax...
FIRST Quantum Minerals has agreed to convert dividends from its Zambian copper mine Kansanshi to a revenue royalty, the Canadian firm said today.
The agreement...
Anglo inks MoU with Europe’s largest copper supplier aimed at boosting...
ANGLO American has signed a memorandum of understanding with Aurubis AG, Europe's largest copper supplier aimed at improving provenance of the metal.
Mining firms are...
Anglo to source nearly half of Los Bronces water from desalination...
ANGLO American has secured desalinated water supply for its Los Bronces copper mine in Chile from 2025, the group said today.
This is following the signing...
Glencore agrees to amend payment terms for $1.1bn Cobar sale
GLENCORE has agreed to amend payment terms for the $1.1bn sale of its Cobar copper mine in Australia to Metals Acquisition Corp. (MAC), the...
Sandfire appoints South32 executive Brendan Harris as new CEO
SANDFIRE Resources said it had appointed Brendan Harris as the company's MD and CEO following the resignation of founding CEO, Karl Simich.
Harris is currently...
South32 suspends potline at Mozal aluminium smelter after two employees killed
SOUTH32 has suspended a potline at its Mozal aluminium smelter in Mozambique following an accident in which two employees died and a contractor was...
South32 reports 18% fall in aluminium exports from SA before Transnet...
SOUTH32 said sales of aluminium and manganese from its South African operations declined in the first quarter of its 2023 financial year owing to...
Orion completes funding puzzle for Prieska Copper Zinc mine with R250m...
ORION Minerals has secured R250m in finance from the Industrial Development Corporation (IDC) for its Prieska Copper Zinc Mine (PCZM) in a development that...
Sandfire detects “substantial exploration potential” of Motheo after drilling campaign
SANDFIRE Resources said recent drilling of its Motheo copper prospect in Botswana had demonstrated "substantial exploration potential" of the landholding.
The company tested a four...