Miners cashing in on traders desperate for copper
MINING companies are cashing in on demand for copper by demanding huge upfront payments for the metal or extra-long supply contracts, said Bloomberg News.
Eurasian...
Goldman Sachs slashes copper price outlook for 2025
AN expected rally in copper prices would not materialise in 2025, said the Financial Times citing a report on the metal's prospects by US...
Congo considers imposing cobalt export quotas after ban
THE Democratic Republic of Congo may introduce cobalt export quotas to curb oversupply and boost prices, said Reuters citing three sources familiar with the...
Ivanhoe to reopen sections of Congo’s Kamoa-Kakula
IVANHOE Mines shares surged on Monday after the Canadian mining company announced progress towards reopening sections of its major copper operation in the Democratic...
Orion confirms ‘global’ mineral resource for Prieska project at 30 million...
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...
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...
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...
Glencore signs five-year deal to sell cobalt to China’s GEM in...
GLENCORE has extended a sales agreement with China's GEM Co. in which it will sell a minimum of 61,200 tons of cobalt between 2020...
DRC may invite investors to join it in funding state-owned cobalt...
PRIVATE capital might be invited to help finance the activities of a proposed state-owned company in the Democratic Republic of Congo (DRC), said Reuters...
Zambia expropriation leaves energy firm on brink, and citizens wondering about...
THE Zambian government is panicking. Despite a recent rally, the pandemic has accelerated the dramatic fall in copper prices, leading to a collapse in...