Base Metals

DRC cuts internet for second day fearing chaos following national elections

DEMOCRATIC Republic of Congo's (DRC's) government cut internet connections and SMS services across the country for a second straight day on Tuesday as the...

DRC’s mining sector doubles revenue payments to $1.57bn in 2018

THE Democratic Republic of Congo’s (DRC's) mining sector paid $1.57bn in revenues to the government last year, up 91% on 2017, said Reuters which...

Zambia’s Lungu threatens to fine companies failing to meet country’s mining...

ZAMBIA will fine and break ties with mining firms that fail to operate in compliance with the southern African country’s mining legislation, said Reuters...

Anglo denies responsibility for Zambia lead mine poisoning as attorneys line...

THERE'S trouble brewing for Anglo American after the law firm that took Vedanta to court regarding community abuses in Zambia has now turned its...

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...

Orion secures $1m loan from Tembo Capital ahead of Prieska Copper-Zinc...

ORION Minerals has secured a $1m loan from Tembo Capital, a UK-based private equity firm that owns 25% in the base metals exploration firm. The loan...

Barrick submits compromise deal to Zambia Govt., but won’t rule out...

BARRICK Gold had submitted proposals aimed at reaching a compromise deal regarding new taxes from the Lumwama copper mine in Zambia, but it warned...

Former governor of DRC’s Katanga, Moise Katumbi, has charges against him...

THE Democratic Republic of Congo (DRC) has dropped an investigation into whether the former governor of Katanga province and once presidential hopeful, Moise Katumbi,...

Glencore urges Congo forces to “exercise restraint” in shutting down illegal...

GLENCORE has asked the security forces of the Democratic Republic of Congo (DRC) to "exercise restraint" as it starts the delicate process of shutting down...

Vedanta to shut Skorpion Zinc for four months following technical problems

VEDANTA Resources is to shut its Skorpion zinc operations in Namibia from early November until the end of February 2020, said Reuters citing a...