BHP concludes $100m investment in Kabanga Nickel
BHP met an agreement to invest a total of $100m in Kabanga Nickel, according to the Tanzanian company on Wednesday.
It announced a second tranche...
Vedanta reinstated as owner of Konkola Copper ending four years of...
VEDANTA has been reinstated as the owner of Konkola Copper Mines (KCM) ending four years of dispute which once saw the Indian firm's executive...
First Quantum to explore “smaller” mine sales, cuts dividend
FIRST Quantum will explore selling smaller mines in its portfolio and stakes in its larger mining assets, but it scotched rumours it planned to...
Bill Gates’ KoBold may spend $2.3bn building Zambia copper mine
A MINING exploration company in which Bill Gates has a stake could spend $2.3bn building a new major copper mine in Zambia, said Bloomberg...
Nickel prices jump as Putin calls for commodity export cuts
RUSSIA should consider limiting exports of uranium, titanium and nickel in retaliation for Western Sanctions, said President Vladimir Putin.
Citing televised remarks by the Russian...
Congo offers US minerals in exchange for security
THE Democratic Republic of Congo has offered the US exclusive access to its critical minerals and infrastructure projects in return for security assistance amid...
Abu Dhabi’s IRH to buy Alphamin control for C$503m
INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE's International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin...
First Quantum’s Zambia assets play part in firm’s 2018 record production
FIRST Quantum Minerals, the Toronto-listed firm, reported record copper production and sales for 2018 which came in 6% and 3% higher respectively year-on-year.
Full year...
Glencore lowers key metals targets for 2019 amid review of DRC’s...
GLENCORE lowered its expectations for full-year production of copper to 40,000 tonnes owing to safety- and smelter-related outages at Mopani in Zambia whilst it...
Tension rises at Glencore’s KCC mine as artisanal miners refuse to...
THE atmosphere at Glencore's Kamoto Copper Mines (KCC) in the Democratic Republic of Congo (DRC) was tense after artisanal miners defied a government army...