Base Metals

Arrest of justice minister in DRC highlights growing tensions in Tshisekedi’s...

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TENSIONS increased in the Democratic Republic of Congo (DRC) following the arrest of the country's justice minister - a development that led prime minister, Sylvestre...

COVID-19 set to dampen Zambia tax take for 2020, says Chamber...

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ZAMBIA'S struggling finances have been dented further by a decline in mining revenue during the three months to April owing to the COVID-19 pandemic,...

Barrick falls victim to fake news report saying it sold Zambia’s...

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BARRICK Gold was the victim of fake news on Thursday that said it had sold its Lumwana copper mine in Zambia for $895m in...

AfriTin targets 50% phase one lift in production of Uis tin...

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AFRITIN aimed to increase production from the first phase of its Uis project in Namibia by 50% following an optimisation study which also planned...

Glencore secures deal to supply car maker Tesla with cobalt from...

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SWISS-headquartered miner and commodities trading group, Glencore, is to supply cobalt from its Democratic Republic of Congo (DRC) operations to Tesla, the electric car...

Tembo Capital agrees to extend term of $3.6m loan to Orion...

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UK-based private equity firm, Tembo Capital, has agreed to extend a $3.6m loan facility  to Orion Minerals by about four months to end-October. Orion Minerals...

Copper market heading for V-shape recovery post-COVID-19 lockdowns

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COPPER is forecast to emerge from the economic fallout caused by the COVID-19 pandemic in relatively good form, according to Bloomberg News which cited...

Zambia expropriation leaves energy firm on brink, and citizens wondering about...

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THE Zambian government is panicking. Despite a recent rally, the pandemic has accelerated the dramatic fall in copper prices, leading to a collapse in...

Zambian Govt. attempt to strong-arm CEC to dent investment image, says...

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AN attempt by Zambia to strong-arm the privately-owned Copperbelt Energy Corporation (CEC) into cutting tariffs may hurt the country's investment prospects, said Reuters citing...

China’s largest cobalt producer agrees to halt buying from individuals in...

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HUAYOU Cobalt, China's biggest cobalt producer, will stop buying from individuals in the Democratic Republic of Congo (DRC) owing to pressure from customers and...