Base Metals

Investors piling into aluminium as metal moves to 10 year price...

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INVESTOR interest in aluminium is on the increase taking the metal's price to a 10 year high owing to improved industrial demand, said Bloomberg News. Supply...

BHP makes leap to riskier districts with plan to invest up...

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BHP will invest up to $100m in Kabanga Nickel and has rights to make further investments in a major boost to the Tanzanian firm's...

Orion to announce capital raising plans next week, requests share trading...

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TRADING in Orion Minerals shares has been halted following a voluntary request by the company ahead of "a material" announcement related to funding. "Orion anticipates...

Orion signs definitive streaming deal with Triple Flag for $80m

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ORION Minerals said today it had signed definitive agreements for the supply of $80m in funding for its Prieska Copper Zinc Mine (PCZM) in...

Glencore says cobalt slump to hurt African copper earnings

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SWISS-based miner and minerals trading firm Glencore warned of a "material" hit to earnings of its African copper division following a sharp decline in...

First Quantum to fast track Zambia’s Fishtie copper project

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FIRST Quantum Minerals is to fast track the development at the Fishtie copper project starting in 2026, said Reuters. The Toronto-listed firm signed an agreement...

Erik Prince to raise $500m fund to build mines supplying electric...

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ERIK Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, said Reuters...

Vedanta Zinc suffers impact of Skorpion strike, brings annual shutdown forward

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VEDANTA brought forward a planned annual shutdown of its Skorpion Zinc facilities in Namibia following a two-week strike by contractors employed by Basil Read, the...

Zambia’s Mopani Copper Mines shuts Mufulira smelter for refurbishment

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ZAMBIA'S Mopani Copper Mines (MCM) has shut down its Mufulira smelter for major refurbishment, said Reuters citing the company which is owned by Glencore. "The...

Vedanta convinced talks only route for ZCCM-IH after another SA court...

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VEDANTA Resources was convinced a dispute between itself and ZCCM-IH, Zambia's state-owned copper investment company, could only be resolved in terms of a shareholder...