DRC creates state-owned company to enforce control over cobalt mined artisanally
THE Democratic Republic of Congo (DRC) has created a state-owned monopoly that will buy cobalt mined by its rapidly developing artisanal sector, said Bloomberg...
Barrick’s Bristow held ‘theoretical’ talks on potential tie-up with Freeport-McMoRan
BARRICK Gold had held "theoretical" talks with US copper and gold miner, Freeport-McMoRan, about a tie-up between the two, said the Financial Times.
In an...
Vedanta fears Zambia in renewed KCM sell-off attempts in defiance of...
THE provisional liquidator managing Konkola Copper Mines (KCM) was continuing to seek opportunities to sell the assets, said Vedanta Resources.
In an update on legal...
Orion hoping to finalise JV partner for R3.73bn Prieska Copper-Zinc project...
ORION Minerals hoped to sell a stake in its Prieska Copper-Zinc project situated in South Africa's Northern Cape province by the third quarter of...
Anglo delivers on full-year output numbers, but Chile drought, SA Eskom...
ANGLO American delivered fourth quarter and full-year production numbers that were largely in line with consensus, but said that copper production from Chile's Los...
Gecamines chairman Yuma heaps praise on Deziwa JV as China strengthens...
ALBERT Yuma, chairman of the Democratic of Congo's (DRC's) state-owned base metals company Gecamines, heaped praise on the firm's joint venture with China Nonferrous...
China’s Chalco ships first bauxite from Guinea Boffa mine
ALUMINIUM Corporation of China (Chalco) shipped the first cargo of bauxite from its Boffa mine in Guinea, said Reuters citing a company spokesman on...
First Quantum installs defence mechanism in the event of “hostile takeover...
TORONTO-listed copper miner First Quantum Minerals (First Quantum) has put in place a scheme to protect its shareholders' interests in the event of a...
Speculation mounts again Zambia miner First Quantum will be subject to...
SHARES in First Quantum Minerals moved as high as 5% on December 9 amid renewed speculation the Toronto-listed company could be the subject of...
Orion receives interest from potential equity investors in Prieska Copper-Zinc project
ORION Minerals has received "several expressions of interest" from "strategic investors" wanting to take an equity stake in the firm's Prieska Copper-Zinc Project, located...