First Quantum Minerals among bidders for 17% stake in ZCCM-IH
First Quantum Minerals was one of several companies that had bid for a 17% stake in the state-owned mining investment firm, Zambia Consolidated Copper...
Zambia describes Barrick meeting over Lumwana as having gone “extraordinarily well”
TALKS between the Zambian government and Barrick Gold regarding the future of the Canadian firm's Lumwana copper/gold mine were said by mines minister, Richard Musukwa...
Orion to weigh funding options as Prieska zinc-copper study nears completion
ORION Minerals has set about the task of how it will raise finance for its Prieska zinc-copper project, a brownfield development set in South...
Vedanta has no plans to cut jobs at Zambia’s Konkola Copper...
VEDANTA had no plans to cut jobs following fiscal changes in Zambia, said Bloomberg News citing the acting CEO of Konkola Copper Mines, Venkatesan Giridhar.
"There...
Orion Minerals agrees new $3.6m loan facility with Tembo, extends convertibles
ORION Minerals, a Johannesburg- and Sydney-listed exploration company, said it had agreed with lender, Tembo Capital, that the UK fund provide a $3.6m loan...
First Quantum calls off 2,500 job cull in favour of talks...
FIRST Quantum Minerals is to end plans to layoff 2,500 workers in Zambia due to higher tax plans in favour of continuing discussions with...
Fourteen Rwandan miners killed after hill at tin mine collapses
FOURTEEN miners were killed after a hill collapsed on them following heavy rains at the premises of a tin mine in Rwanda, said Reuters.
The...
MOD rejects $63m Sandfire all-paper bid, but keeps door open for...
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...
Barrick submits compromise deal to Zambia Govt., but won’t rule out...
BARRICK Gold had submitted proposals aimed at reaching a compromise deal regarding new taxes from the Lumwama copper mine in Zambia, but it warned...
Vedanta makes case for Zambia pollution case to be moved from...
VEDANTA began appeal proceedings in London's Supreme Court on Tuesday (January 15) arguing that a case brought by nearly 2,000 Zambians who alleged the...