Base Metals

ARM, Vale prepare to sell Lubambe “at the right price” –...

AFRICAN Rainbow Minerals (ARM) posted a 40% decline in headline earnings year-on-year largely owing to continued losses at its $400m Zambian copper mine Lubambe...

First Quantum’s Zambia assets play part in firm’s 2018 record production

FIRST Quantum Minerals, the Toronto-listed firm, reported record copper production and sales for 2018 which came in 6% and 3% higher respectively year-on-year. Full year...

Metorex not out the woods

Metorex, which is selling assets to cut debt, has a fair way to go and one solution could be bringing in a strategic investor.

Kabila protege gets boost as DRC opposition fails to unify ahead...

EFFORTS by opposition parties in the Democratic Republic of Congo (DRC) to rally behind a single presidential candidate seem doomed to failure, said Bloomberg...

Transnet assesses manganese options

Transnet is looking closely at switching manganese ore exports from the Northern Cape to Saldanha Bay, instead of using Port Elizabeth or the new port of Coega.

Vedanta, Anglo zinc merger “needs to be digested”: Agarwal

VEDANTA executive chairman, Anil Agarwal, hasn't entirely given up the notion of combining his group's Hindustan Zinc with Anglo American which he said today...

Zimbabwe’s Bindura Nickel sounds alarm on going concern status

THE board chairman of Bindura Nickel Corporation (BNC) said the mining company's going concern status was in doubt as its current liabilities exceed current...

Hayes in “Rethink” on Concordia copper plan after lessons learned

It’s been three years since Miningmx first wrote about Namaqualand-based mining entrepreneur, Shirley Hayes, and her plans to resurrect copper mining on the site...

Copper price up on Chinese import data

Copper prices rise on data showing stronger-than-expected Chinese imports of the metal, quelling some concerns that demand might be softening in the world's top base metals consumer.

Metorex surges on higher reserves

Metorex raised its copper and cobalt reserves, pushing its share price higher.