Zambian mine disaster ‘catastrophically underestimated’
A TOXIC waste spill at a Chinese-owned copper mine in Zambia released 30 times more poisonous material than officially reported, said Bloomberg News citing...
South32 warns no way back for Mozal after March shuttering
SOUTH32 was "ready and willing" to resume discussions on a new power tariff for its Mozal aluminium smelter scheduled to close in March, but...
South32 to mothball Mozal after drawing blank on power deal
SOUTH32 is to start winding down operations at the Mozal Aluminium smelter in Mozambique in anticipation of the operation being placed on care and...
Copper 360’s ‘make or break’ year turns to ‘break’
This time last year Miningmx commented that 2025 would be a ‘make or break’ year for Northern Cape junior miner Copper 360 and, unfortunately,...
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...