Base Metals

First Quantum says Zambia strike illegal

First Quantum Minerals says a strike at its flagship Zambian copper mine is illegal.

Exxaro shuns Corridor Sands

UPDATED - Exxaro urgently needs to find extra feedstock for its KZN titanium smelters but the Corridor Sands heavy sands deposit in Mocambique does not fit the bill.

Metorex sells stake in fluorspar

Metorex sells a 15% stake in its Vergenoeg fluorspar mine, raising R108m towards funding of its Ruashi copper/cobalt mine and paying down debt.

Glencore’s Katanga to resume sales of cobalt after uranium scare suspension

KATANGA Mining, a unit of UK-listed mining and marketing group, Glencore, would resume exports and sales of limited quantity cobalt from its Kamoto project...

BHP, Rio approve $4.5bn Escondida expansion

BHP Billiton and Rio Tinto have raised their bets on global copper demand, approving plans for a $4.5bn expansion of the massive Escondida mine in Chile.

South32 content to bide time on Eskom power contract

SOUTH32, created from the unbundling of BHP Billiton’s non-core assets, delivered some pleasant surprises for investors in August, cutting costs $386m in its first...

Vedanta anticipates resumption of KCM talks as Zambia president Lungu lands...

VEDANTA Resources rolled out the proverbial red carpet for Zambia president, Edgar Lungu, and entourage which is on a state visit to India with...

Vedanta wins urgent interdict against provisional liquidation of KCM by Zambia

A DISPUTE between Vedanta Resources and Zambia's ZCCM-IH regarding their respective investments in Konkola Copper Mines (KCM) ought to be settled in terms of...

Orion Minerals heads for capital market as share doubles in a...

ORION Minerals opted to raise capital earlier rather than later after announcing today its share had been suspended ahead of an announcement regarding the...

First Quantum Zambia power crisis eases

First Quantum Minerals said water levels at Lake Kariba would be recharged taking the pressure off its Kansanshi and Sentinel copper operations.