Orion confident of funder support to develop PCZM
COPPER mine developer Orion Minerals is confident of raising the necessary funds to proceed with development of its flagship project, Prieska Copper Zinc Mine...
Errol Smart jumps ship from Orion to go into the exploration...
Former Orion Minerals CEO Errol Smart is going to set up his own exploration and development operation in South Africa after abruptly leaving the...
Mozal Aluminium delivers for South32 as negotiations continue over a new...
South32’s Mozal Aluminium smelter in Mozambique pushed production up 12% to 265,000t in the nine months to end-March and has maintained production guidance unchanged...
Copper 360 rejigs debt as benefits from producer status
NORTHERN Cape junior copper producer Copper 360 has restructured R276.6m of short-term debt into long-term debt cutting the interest rate it is paying by more...
Sibanye-Stillwater says Appian mine sale “crystallises” damages
THE sale of Mineração Vale Verde (MVV) for $420m last week could have a bearing on the extent of damages Sibanye-Stillwater might have to...
Barrick proposes name change to reflect push into copper
BARRICK Gold Corp. has proposed dropping "gold" from its name as it expands its copper mining operations, according to a report by Bloomberg News.
"We...
Copper 360 CEO says firm has “turned a corner”
COPPER 360, a start-up copper miner operating in South Africa's Northern Cape, said it had "turned a corner" as it sought to meet production...
Orion Minerals CEO Errol Smart announces resignation
ORION Minerals said on Thursday its founding CEO Errol Smart is to resign with near immediate effect "following the recent achievement of key milestones".
He...
Copper price forecast to set new record this year
THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...
Orion sets out new study for R7.59bn Prieska copper project
ORION Minerals today set down its definitive feasibility study for construction of a brownfields copper mine in the Northern Cape producing 22,000 tons of...