Base Metals

Alphamin praying on higher tin price by July 31 when rescheduled...

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ALPHAMIN Resources needs an improvement in the tin price in order to meet additional monthly debt payments which fall due from July 31, the...

Katanga Mining withholds $250m payment to Gecamines whilst executives investigated

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KATANGA Mining will withhold payment of $250m for land it agreed to buy from Gecamines in the Democratic Republic of Congo (DRC's) whilst executives...

First Quantum re-routing Zambia copper exports after SA imposes border restrictions

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FIRST Quantum Minerals was exporting copper from its Zambian mines through alternate routes after restrictions were imposed by South Africa. Commenting in an update regarding...

Anglo halts $5.3bn Quellaveco project after Peru installs 15-day COVID-19 national...

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ANGLO American has temporarily halted the development of its $5bn to $5.3bn Peru-based copper project, Quellaveco, in line with the country's 15-day national quarantine...

Alphamin exercises option to reduce 2020 capital repayments as COVID-19 hits...

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ALPHAMIN Resources Corporation (Alphamin) has exercised an option with lenders to defer capital repayments on its debt - a development that comes amid lower-than-planned...

SA Govt. awards EA for Vardocube extension of Orion’s Prieska Copper-Zinc...

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ORION Minerals has secured an environmental authorisation (EA) from the South African government for its Vardocube Resource which was "a significant milestone" in the development...

Afritin Mining ships first tin concentrate from Namibia’s Uis mine in...

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THE first tin was mined and shipped from Namibia's Uis mine in roughly three decades, said Afritin Mining, the UK-listed miner that re-developed the...

Barrick bid for Freeport’s Grasberg could take years, says Bristow who...

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BARRICK Gold did not have competitors for the Grasberg copper/gold mine it has an interest in buying from Freeport McMoRan, but it could years...

Ivanhoe’s Friedland hits out at ‘fiction’ that mining copper in Chile...

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BILLIONAIRE mining entrepreneur, Robert Friedland, put the boot into Chile and its established major copper mining groups. Friedland, whose company Ivanhoe Mines is developing major...

Glencore agrees to five-year cobalt supply agreement extension with Samsung SDI

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GLENCORE has signed an agreement with Samsung SDI for the supply of 21,000 tons of cobalt from its mines in the Democratic Republic of Congo...