Base Metals

Zambia govt mediating in First Quantum strike

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Zambia's government is mediating to end the strike that has halted production at Canada's First Quantum Minerals flagship copper mine, says the minister of labour.

Ivanhoe’s Friedland expects foreign migration to Congo’s “higher grade” copper mines

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THE Democratic Republic of Congo (DRC) is "the Saudi Arabia of copper, cobalt and hydroelectric generation potential", according to Robert Friedland, the executive co-chairman...

Afritin shares slip after hatches plan to issue shares for $48.5m...

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AFRITIN is negotiating details of a $48.3m funding package that will enable it to add battery minerals lithium and tantalum to its Namibia-based tin...

Zambia to double copper royalties

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Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.

Guinea sets May deadline for investors seeking to build alumina refineries

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GUINEA has given companies with an interest in the country's bauxite sector a month to set down timelines for their development plans, said Bloomberg...

Copper 360 anticipates dividend despite missed targets

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IT'S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent...

Anglo’s copper target unaffected by Chile row

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Changes in the ownership structure of Anglo American Sur will not detract from the group’s longer term production ambitions for copper, says an Anglo American company executive.

First Quantum installs defence mechanism in the event of “hostile takeover...

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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...

Barrick wants deal with Mali rather than “badly run legal fight”

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THE shutdown of Loulo-Gounkoto in Mali was weighed heavily on Barrick Mining Corp.'s first quarter with its CEO Mark Bristow saying he'd prefer a...

Xstrata eyes benefits from copper supply woes

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Xstrata expects to benefit from supply troubles hitting copper globally, as it reports increased resources and says its own key projects are on track and on schedule.