Orion Minerals discussed selling shares in Prieksa Copper Zinc Project to...
SOUTH Africa's state-owned Industrial Development Corporation (IDC) and the Public Investment Corporation (PIC) were among the potential equity investors with whom Orion Minerals had...
Strike ends at Tenke Fungurume after workers agree “isolation bonus” following...
A STRIKE at China Molybdenum’s Tenke Fungurume Mining (TFM) was bought to an end after only a day on Sunday, said Reuters citing Willy Kitobo Samsoni,...
Deep-South scopes $341m Haib copper project in Namibia, says it will...
CANADIAN base metals development firm, Deep-South, said it could build an 86,000 ton a year copper cathode and sulphate mine in Namibia for $341m,...
Vedanta’s KCM fights off move to cut power after supplier claims...
KONKOLA Copper Mines (KCM) won an interim order from the High Court in Zambia preventing power supplier, Copperbelt Energy Corporation (CEC) from cutting supply...
Orion secures $1m loan from Tembo Capital ahead of Prieska Copper-Zinc...
ORION Minerals has secured a $1m loan from Tembo Capital, a UK-based private equity firm that owns 25% in the base metals exploration firm.
The loan...
AfriTin raises £2.05m in loan notes in order to secure ramp...
AFRITIN, a UK-listed tin mining development firm, has raised £2.05m in loan notes in order to "further secure" the firm's finances amid the COVID-19...
Glencore’s Mopani Copper to restart mining as Zambia opens door on...
MOPANI Copper Mines is to restart mining, and provide a 90-day notice period of its intention to place the operations on care and maintenance,...
Glencore trims copper output guidance, says discussing “operating scenarios” with Zambia
COPPER production from Glencore's African assets would come in about 14% lower than set down in original guidance for the group's 2020 financial year.
The reduction,...
Orion cuts staff, contractors, executives take pay cuts ahead of project...
ORION Minerals had "significantly" reduced the number of employees and contractors in order to conserve cash as the economic effects of the COVID-19 pandemic...
Glencore may restart Mopani Copper ahead of 90-day notice to mothball...
GLENCORE could restart operations at its Mopani Copper Mines in Zambia in order to provide the southern African country's government with 90-days notice of its...