Base Metals

Afritin raises £3m in share placement after modifying Uis tin project...

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AFRITIN Mining, a UK-listed tin development company, said it had raised £3m through a share placement and arranged an additional £1.7m working capital facility...

Vedanta to defend High Court wind up of KCM as waits...

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VEDANTA will continue to press for a meeting with Zambia president Edgar Lungu ahead of a High Court hearing set down for Friday. The court...

Zambia presses ahead with KCM “divorce” as appoints provisional liquidator

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ZAMBIA has appointed a legal firm to act as provisional liquidator of Konkola Copper Mines (KCM), the assets owned by Indian firm, Vedanta. Citing a...

Vedanta’s KCM seeking urgent meeting with Zambian Govt. amid seizure plan

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VEDANTA would seek an urgent meeting with the Zambian government after it filed notice of plans to seize the Indian firm's copper assets, held...

Barrick say sell Lumwana copper mine to Chinese in second half...

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BARRICK Gold was preparing to sell its Lumwana copper/gold mine in Zambia, according to a report by Reuters which cited three sources with knowledge...

Former governor of DRC’s Katanga, Moise Katumbi, has charges against him...

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THE Democratic Republic of Congo (DRC) has dropped an investigation into whether the former governor of Katanga province and once presidential hopeful, Moise Katumbi,...

Zambia’s Sentinel mine produces record first quarter production for First Quantum

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FIRST Quantum Minerals announced record first quarter production from its Sentinel copper mine in Zambia but said production from Kansanshi was negatively affected by...

Glencore lowers key metals targets for 2019 amid review of DRC’s...

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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...

Orion boss Smart acknowledges Prieska success could make firm a takeover...

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ORION Minerals CEO, Errol Smart, acknowledged the company could become a takeover target if it made a success of its Prieska zinc-copper project. "At some...

Orion fleshes out $8m equity raise, but all eyes now on...

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ORION Minerals today fleshed out an $8m equity raise which it will use to help fund project financing for its Prieska zinc-copper project, a...