Mwana to pump $26.5m into Bindura restart
UK-listed Zimbabwean mining firm Mwana Africa is to spend $26.5m restarting its Bindura Nickel facility of which half would be debt-financed.
Ivanhoe scopes for $1.4bn Congo mine
Shares in Ivanhoe Mines slid following publication of a preliminary study of its Kamoa copper mine which set down plans for a two-stage project.
Glencore completes Mutanda, Kansuki merger
Glencore Xstrata said it had completed the merger of its Mutanda copper and cobalt mine with Kansuki - a deal that sees Ivan Glasenberg work with Dan Gertler.
Glencore Xstrata ups copper from Africa
Glencore Xstrata said first quarter copper output increased 18% year-on-year owing to a significant boost from African production.
Zambia set to detail foreign exchange law
Zambia was days away from unveiling long-awaited legislation that will force
foreign mining firms to give account of foreign exchange earnings.
IvanPlats plays down Congo export threat
IvanPlats said it would not be affected by a decree reportedly signed by two Congo
ministers prohibiting the export of copper concentrate from the country.
IvanPlats seeks ‘strategic partners’ for $2bn Kamoa
IvanPlats said it was seeking strategic partners for its $2bn Kamoa copper project in the Congo and had already set down plans to improve power supply to the site.
DRC’s copper-rich Katanga ‘a power keg’
The Congo's Katanga province was a 'power keg' and rebels seeking secession could destabilise mining investment there, one of the country's officials said.
Palamin discount turns on China red-tape
Bureaucracy in China has held up many-a-mining deal and, in some cases, led to investor disappointment - a factor behind the discount in Palabora Mining.
Govts of China, SA unite in R5.3bn Palamin bid
The governments of China and South Africa have formed a consortium to bid a hefty premium for the 74% stake in Palabora owned by Anglo and Rio Tinto.