Huayou Cobalt to build Zimbabwe lithium carbonate plant
CHINA'S Zhejiang Huayou Cobalt plans to establish a lithium carbonate processing plant in Zimbabwe, said Bloomberg News citing the country's mines minister.
The proposed investment...
Implats monitoring contractor strike at Rustenburg shaft
IMPALA Platinum said it was monitoring an unprotected strike among contractors at its Impala Rustenburg North shaft. "It's not giving us headaches but we...
Mozambique mandates 15% state stake in all mines
MOZAMBIQUE'S President Daniel Chapo has signed into law a requirement for 15% state ownership in all mining ventures, along with a ban on exporting...
Mopani declines copper concentrate export allocation
MOPANI Copper Mines, the Zambian unit of Abu Dhabi-based International Resources Holding, will not export copper concentrate despite receiving the largest single allocation under...
Rupert family score big in gold-backed ETFs
INVESTORS that held the proverbial golden egg — in other words, physical bullion — can’t quite claim a 50-fold return, but a 600%-plus return...
Wesizwe Platinum to cut staff 70% as rips up mining plan
WESIZWE Platinum has unveiled drastic measures after failing to commission its Bakubung mine in South Africa's North West province, announcing today it would rip...
Zambia extends copper concentrate export duty waiver
ZAMBIA has extended a suspension of its 10% copper concentrate export duty to 30 September, giving miners more time to clear stockpiles of unprocessed...
Afrimat is a victim of failed industrial policy in SA
AFRIMAT is one of those companies that is surviving despite the chaos of industrial policy. But how long can these companies remain afloat?
Afrimat’s recently...
Vedanta’s CopperTech files for New York listing
COPPER Tech Metals, the Zambian copper producer set up by Vedanta Resources, has filed for a US initial public offering, reporting a more than...
Simandou iron ore exports surge in ramp-up milestone
IRON ore exports from the Simandou mine in Guinea surged in May hitting 2.2 million tons, sharply above April's record of 1.3Mt, reports Bloomberg...