Dan Gertler “freezes” Glencore’s Kamoto mine and sues for $2.9bn
Legal warfare has erupted in the Democratic Republic of Congo (DRC) between Glencore and Israeli entrepreneur Dan Gertler who is claiming a total...
First Quantum Minerals refutes Zambian tax claim
First Quantum Minerals - a Toronto-listed company mining copper in Zambia - does not expect the final value of the $8bn tax...
Paladin moves to close Namibian uranium mine
ASX-listed Paladin Energy has announced plans to put its Namibia-based Langer Heinrich uranium mine (LHM) on care and maintenance, blaming "stubbornly" low uranium prices...
Gecamines sues to “dissolve” Glencore-controlled Kamoto Copper
Gecamines - the mining and trading company owned by the government of the Democratic Repubic of Congo (DRC) - has started legal proceedings...
Vedanta boss Agarwal commits to Zambia despite shocks, rows
VEDANTA chairman, Anil Agarwal, was at his contrarion best today telling an investment forum in Zambia during a two-day visit that the southern African country...
Miners propose sliding scale of price-linked royalties in DRC talks
MINING firms operating in the Democratic Republic of Congo (DRC), including Glencore and Randgold Resources, want the central African government to replace the windfall...
Zambia tax claim adds to Africa policy jitters, but it’s not...
THE risk of an audit similar in nature to one that has saddled Canada's First Quantum Minerals with an $8bn tax claim could be...
First Quantum $7.9bn Zambia tax review may take six months
A REVIEW of a $7.9bn tax claim levelled by the Zambia Revenue Authority (ZRA) against Toronto-listed copper miner, First Quantum Minerals, could take up to...
Kabila keeps Glasenberg & Co kicking their heels in Congo
JOSEPH Kabila, president of the Democratic Republic of Congo (DRC), left some of the mining industry's most powerful mining executives kicking their heels today...
Friedland anticipates DRC’s ‘blue moon’ moment will end well
MINING entrepreneur, Robert Friedland, assured investors there would be a positive outcome concerning the new mining code in the Democratic Republic of Congo (DRC)...