Base Metals

Afritin unveils 12 month offtake deal after first production at Uis...

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AFRITIN Mining, a company listed in London, unveiled first production from its redeveloped Uis tin mine in Namibia, and said it would sell tin...

Cobalt price surges 30% in wake of Glencore decision to mothball...

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COBALT prices have gained more than 30% since Glencore announced earlier this month it would close the world's largest mine, said the Financial Times. Glencore...

Vedanta chairman Agarwal fails to persuade Lungu to KCM winding up...

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VEDANTA Resources failed to persuade Zambian president, Edgar Lungu, to change his country's position regarding the proposed liquidation of Konkola Copper Mines (KCM), the copper...

Maritz Smith takes over reins at Alphamin amid bumpy year for...

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MARITZ Smith will become CEO of Alphamin following the resignation of incumbent Boris Kamstra who will stay on at the company in a different...

Glencore’s Freyberg plots $2bn turnaround in African fortunes after group loses...

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PETER Freyberg, Glencore's COO, has targeted a $2bn turnaround in the fortunes of the African copper mines over which the group appeared to have...

Zambia High Court turns down Vedanta’s bid for stay against KCM...

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VEDANTA hopes for a stay of the winding up proceedings against its Zambian subsidiary Konkola Copper Mines (KCM) were dashed today by the country's...

Glencore confirms mothballing of Mutanda as half year earnings slide 32%...

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GLENCORE suffered the effects of a slump in the cobalt price and the under-performance of its African copper business which led it into a...

Macozoma’s Safika takes beachhead in Orion Minerals’ Copper-Zinc Prieska project

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SAKI Macozoma has extended his mining interests to base metals development after his company, Safika Resources, today announced it had established a beachhead in the...

Vedanta launches arbitration proceedings with Zambian state-owned mining firm ZCCM-IH

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VEDANTA Resources notified its Zambian joint venture partner ZCCM-IH that it had launched arbitration proceedings related to an attempt by the Zambian government to...

Zambia judge reserves judgement on stay of KCM winding up application

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JUSTICE Banda-Bobo of the Lusaka High Court in Zambia reserved judgement regarding an application by Vedanta to impose a stay on the proposed winding...