Los Bronces puts chill into Anglo’s Q2 production numbers
ANGLO American downgraded its copper output forecast for its 2016 financial year owing to "severe winter weather" at Los Bronces mine in Chile, and...
Vedanta’s Gamsberg benefits as SA economy slows
ONE of the more chastening points made by Tom Albanese, CEO of Vedanta Resources, was that the company was able to cut the cost...
Vedanta bullish on zinc as supply declines support price
I am frequently asked why our parent company, Vedanta, has been so particularly active in expanding its interests in zinc, one of the four...
Dollar puts brakes on metals, smacks Jo’burg stocks
US dollar strength was likely to remain a major headwind for mining stocks for several months at least, said Goldman Sachs on a day...
First Quantum Zambia power crisis eases
First Quantum Minerals said water levels at Lake Kariba would be recharged taking the pressure off its Kansanshi and Sentinel copper operations.
Vedanta raises prospect of more copper cuts
Tom Albanese, CEO of Vedanta Resources, said there may be more cuts in copper output at Konkola Copper Mines if the power shortage problem intensified.
Zambia minerals policy stirs investor fear
Zambia is the latest of southern Africa's mining giants to set down beneficiation plans
at a time when prices, policy and power worry investment prospects.
Zim chrome miners welcome export reform
Chrome miners in Zimbabwe welcomed the lifting of an export ban but conditions in the sector were still very challenging.
Ivanhoe to sell Kamoa share in $412m Zijn deal
Ivanhoe Mines is to sell 49.5% of its Congo copper project Kamoa to China's Zijn Mining Group for $412m which will also raise 65% of first phase capital.
Motsepe issues Zambia royalty warning
Patrice Motsepe, executive chairman of African Rainbow Minerals, said changing the rules midstream, as Zambia has done with royalties, was "a no-no".