MMG mothballs cobalt processing plant in Congo
CHINA'S MMG has mothballed its cobalt processing plant in the Democratic Republic of Congo amid a slump in the price of the battery metal.
Bloomberg...
Congo offers US minerals in exchange for security
THE Democratic Republic of Congo has offered the US exclusive access to its critical minerals and infrastructure projects in return for security assistance amid...
Congo cobalt ban is likely to fail – report
THE Democratic Republic of Congo's decision to suspend exports of under-pressure cobalt for three months in February was unlikely to yield positive results, said...
Congo considers imposing cobalt export quotas after ban
THE Democratic Republic of Congo may introduce cobalt export quotas to curb oversupply and boost prices, said Reuters citing three sources familiar with the...
Congo’s cobalt export ban sparks chaos
SHARES of Chinese cobalt producers surged on Tuesday following a shock four month export ban on export of the metal by the Democratic Republic...
Congo to cut cobalt exports for four months
THE Democratic Republic of Congo will suspend cobalt exports for four months to rein in oversupply of the battery metal on the international market,...
Anglo agrees joint plan with Codelco for copper mines
ANGLO American today announced plans for a joint mine plan with Codelco in Chile that will see the partners produce 2.7 million tons of...
Congo miner Alphamin says conflict could affect Bisie
ALPHAMIN Resources Corp said on Tuesday it continued to operate "within guidance parameters" but acknowledged its risk profile "has increased" after fighting continued in...
Anglo to sell nickel business to MMG for $500m
ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m.
The...
First Quantum not in rush to sell minority stake in Zambia...
FIRST Quantum Minerals will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts...