Base Metals

South32 builds exposure to in-form aluminium after exercising Mozal rights for...

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SOUTH32 is to increase its stake in the Mozal aluminium facilities in Mozambique to 72.1% after exercising its pre-emptive rights at a cost of...

AfriTin secures £4.5m senior loan from Standard Bank for Uis plant...

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AFRITIN, a UK-listed tin mining firm operating in Namibia, said it had tied up loan finance for the phase one expansion of its Uis...

Exxaro to diversify into manganese, copper and bauxite as seeks to...

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EXXARO Resources intends to diversify into the production of manganese, copper and bauxite with the aim of cutting its reliance on earnings from coal. This...

Ghana to kickstart bauxite sector with $1.2bn investment

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GHANA has kickstarted plans to launch a bauxite industry after it picked Rocksure International to help it build a mine and smelter costing $1.2bn,...

IDC confirms strategic partnership in Orion’s Okiep Copper Project

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THE Industrial Development Corporation (IDC), the South African government-owned company, would become a strategic partner in the development of Okiep Copper Project (OCP), said...

Jubilee Metals to issue £30m in shares for Zambia copper/cobalt expansion...

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JUBILEE Metals is to raise £30m in a share issue aimed at financing the consolidation and expansion of its Zambia copper and cobalt retreatment...

Zambia’s new mines minister promises to bring stability to sector

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ZAMBIA'S newly appointed mines minister, Paul Kabuswe was promised to bring stability back to the country's mining sector following the increasingly unpredictable final years...

Aluminium price surges to 13 year high on bauxite supply fears

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THE price of aluminium broke through $13,000 a ton for the first time in 13 years today owing to supply concerns following a coup...

Bauxite prices peak despite attempts to Guinea coup leader reassuring miners

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THE price of bauxite recorded its highest price in 18 months following a military coup in Guinea, said Reuters. Bauxite, used in the manufacture of...

DRC to seek compensation from Angolan diamond mine for dam leak

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THE Democratic Republic of Congo (DRC) will seek compensation from the owners of an Angolan diamond mine for a tailings dam leak that polluted drinking...