Vedanta shuts Nchanga smelter at KCM as Zambia’s import duty starts...
VEDANTA has shut the Nchanga smelter at its Konkola Copper Mines (KCM) after the introduction of an import duty on copper concentrates, said Reuters citing an...
Miners failed to demonstrate how tax hike will affect profitability, says...
MINING companies operating in Zambia had failed to demonstrate how higher taxes implemented this year by the country's government would affect their profitability, said...
Erik Prince to raise $500m fund to build mines supplying electric...
ERIK Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, said Reuters...
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...
First Quantum to lay off 2,500 staff at Zambia mines after...
FIRST Quantum Minerals is to retrench 2,500 staff at its Zambian facilities in the first quarter of 2019 following the southern African country's plans...
Glencore cleans house at Katanga after C$30m fine
Glencore - which owns 65% of copper producer Katanga Mining - is "disappointed by the conduct" at Katanga which led to the settlement announced...
Vedanta Resources goes high-tech at Gamsberg Zinc
Vedanta Resources has gone high-tech at its new Gamsberg zinc mine in the Northern Cape as it aims to bring into production what it...
Orion looks for possible Northern Cape smelter synergies with Vedanta
Orion Minerals’ planned Prieska copper and zinc mine in the northern Cape could in the longer term explore smelting synergies with Vedanta Resources’ Black...
Cradle Arc suspends share listing and seeks “insolvency advice”
Cradle Arc - the London-listed junior which has been developing the Mowana copper mine in Botswana - has suspended trading in its shares on...
Vedanta’s Gamsberg to rival Sishen for economic importance in Northern Cape
VEDANTA Resources is starting to ramp-up production from its Gamsberg zinc mine at Aggeneys in the Northern Cape in a development which has huge...