Base Metals

Glencore to offload Mopani Copper Mines to ZCCM, agrees copper off-take...

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GLENCORE is to 'sell' its 90% stake in Mopani Copper Mines to the Zambian government in terms of which it will offload $1.5bn in...

Vedanta Zinc’s Gamsberg mine resumes production following November accident

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PRODUCTION at Vedanta Zinc International's (VZI's) Gamsberg mine in the Northern Cape of South Africa had resumed following an accident in November in which...

Tin price gains “bode well” for Congo miner, Alphamin, as Bisie...

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AN improvement in the price of tin "boded well" for Toronto- and Johannesburg-listed Alphamin Resources' 2020 earnings, the company said in a fourth quarter...

Zambia reportedly concludes deal with Glencore to increase stake in Mopani...

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THE Zambian government had concluded its talks with Glencore about buying a majority stake in Mopani Copper Mines, said Reuters. The newswire quoted a report...

Zambia to press on with sale of KCM assets after liquidator...

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ZAMBIA'S state-appointed provisional liquidator who is managing the affairs of Konkola Copper Mines (KCM) said he would proceed with the dismantling of the company...

Bottled-up scrap copper supply during Covid-19 lockdown could interrupt bull market...

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THE surge in the price of copper may be interrupted by a glut of supply from the scrap market, said Bloomberg news. "Scrap remains plentiful...

Senegalese R&B singer Akon signs JV in Congo to build copper-cobalt...

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A COMPANY led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of...

AfriTin reaches first phase tin concentrate capacity at Uis mine

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AFRITIN, the UK-listed tin miner, said it had reached first stage full production at its Uis pilot plant in Namibia. The operation produced 63.9 tons...

Copper surges to seven-year high as evidence grows supply can’t match...

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THE copper price registered its highest level in more than seven years amid growing concerns mining firms will struggle to match demand, said Bloomberg...

Glencore reshapes cobalt supply to China’s GEM, adding critical oversight pledges

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GLENCORE has extended a cobalt supply agreement with China's GEM by five years to which the parties have added audit pledges they hope will...