Base Metals

China firm to invest $600m in Zambia copper

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A Chinese firm is to invest $600 mln in Zambian copper mines.

COVID-19 set to dampen Zambia tax take for 2020, says Chamber...

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ZAMBIA'S struggling finances have been dented further by a decline in mining revenue during the three months to April owing to the COVID-19 pandemic,...

Glencore confirms mothballing of Mutanda as half year earnings slide 32%...

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GLENCORE suffered the effects of a slump in the cobalt price and the under-performance of its African copper business which led it into a...

Xstrata may be forced to shut Mt Isa

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Xstrata may be forced to shut some of Mt Isa operations.

Glencore snaps up Rosh Pinah

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Glencore International has taken its stake to Rosh Pinah, a zinc producer, to just over 80% after buying shares held by Exxaro Resources and other minorities.

The mining entrepreneurs who say Southern Africa is rediscovering its mojo...

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COPPER mining in the Northern Cape shut down in the early 2000s when the former Gold Fields of South Africa finally closed the Okiep...

First Quantum’s Kansanshi grinds to halt

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Operations at First Quantum Minerals' Kansanshi, a copper mine in Zambia, have been halted as labour demands 17% higher wages.

MOD rejects $63m Sandfire all-paper bid, but keeps door open for...

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MOD Resources has rejected a $63m all-share takeover offer from Sandfire Resources, saying it undervalued the firm and that it had sufficient capital to...

Cutifani says Glencore tie-up a priority for Vale Base Metals

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VALE Base Metals (VBM) is prioritising a decision on whether to combine its nickel operations in Canada's Sudbury basin with those of Glencore this...

Zambia copper output falls in January

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Zambian January copper production falls 13pct year-on-year on mine closures.