Base Metals

Glencore’s bigger DRC risk may be Joseph Kabila, not his new...

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GLENCORE has under-performed most of its peer group this year, partly on concerns about developments in the Democratic Republic of Congo (DRC) where the...

Orion wins loan extension in order to focus on exploration

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This article has been corrected to show the placement with a lender was at a premium, not a significant discount as previously reported. ORION Minerals,...

UK fraud probe may be “cathartic” for Glencore’s DRC exposure

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SHARES in Glencore dropped 4.4% on Friday which was equivalent to an implied equity value loss of $3.6bn compared with the group’s market capitalisation...

Independence Group builds Orion stake in A$5m placement

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AUSTRALIAN-based gold and base metals miner Independence Group NL (IGO), whose interests include a 30% stake in AngloGold Ashanti’s Tropicana mine, has hiked its...

Vedanta regional ambitions given definition in Africa Base Metals

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VEDANTA'S Southern Africa ambitions have been given greater definition following the creation of Africa Base Metals, an entity through which its zinc and copper...

Glencore et al fail to address key issues in DRC Mining...

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MINING companies including Randgold Resources and Glencore said they were able to influence some regulations through which the Democratic Republic of Congo's (DRC's) 2018...

Vedanta to study $800m zinc smelter project in South Africa

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VEDANTA is considering spending a further $700m to $800m developing South Africa's zinc industry following an announcement it was investigating building a refinery at...

Afritin takes its place as capital discovers appetite for exploration

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THE mobile rings during an interview with Anthony Viljoen, CEO of Afritin Minerals. I tell him he can take it. "Don’t worry," he responds:...

Dan Gertler “freezes” Glencore’s Kamoto mine and sues for $2.9bn

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Legal warfare has erupted in the Democratic Republic of Congo (DRC) between Glencore and Israeli entrepreneur Dan Gertler who is claiming a total...

First Quantum Minerals refutes Zambian tax claim

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First Quantum Minerals - a Toronto-listed company mining copper in Zambia - does not expect the final value of the $8bn tax...