Base Metals

Zambia shutters Konkola Deep copper mine citing lack of capital

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PRODUCTION at Zambia's Konkola Deep copper mine has ground to a halt owing to a lack of development capital, said Bloomberg News citing Barnaby Mulenga,...

Jubilee Metals to issue £30m in shares for Zambia copper/cobalt expansion...

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JUBILEE Metals is to raise £30m in a share issue aimed at financing the consolidation and expansion of its Zambia copper and cobalt retreatment...

Sibanye-Stillwater pulls $1bn Brazil asset deal following “geotechnical event” at nickel...

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SIBANYE-Stillwater has terminated an agreement to buy a nickel mine and a copper project in Brazil which it announced last year would cost it...

Cobalt, copper exports from Tenke on hold until shareholders sign sales...

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COPPER and cobalt exports from the Tenke Fungurume mine in the Democratic Republic of Congo are on hold whilst a new sales contract remains...

Anglo takes beachhead in one of world’s largest nickel sulphide deposits

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ANGLO American is to buy a 9.9% stake in Canada Nickel Company which the UK group described on Wednesday as one of the largest...

Sibanye-Stillwater saddles up with Chinese in bid for Mopani Copper

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SIBANYE-Stillwater CEO Neal Froneman said he rated his firm's chances of bidding successfully for Zambia's Mopani Copper after jointly submitting an offer with a...

First Quantum dismisses “false rumours” of Zambia mine sales

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FIRST Quantum Minerals on Tuesday dismissed speculation it was planning to sell a stake in its Zambian copper mines. "There is no truth in the...

Orion confirms ‘global’ mineral resource for Prieska project at 30 million...

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ORION Minerals said today the total mineral resource of its Prieska copper and zinc project totalled just over 30 million tonnes. "The completion of the...

Orion fleshes out $8m equity raise, but all eyes now on...

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ORION Minerals today fleshed out an $8m equity raise which it will use to help fund project financing for its Prieska zinc-copper project, a...

Vedanta keeps door open to Zambia talks as copper dispute takes...

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VEDANTA Resources kept the door open to face-to-face talks with the Zambian government despite legal developments last week which sees fallout between the two...