Zambia to build ‘rainy day’ fund while metals surge
ZAMBIA will use bumper mining revenues to establish a stabilisation fund in order to protect its budget against a retreat in copper prices, said...
DRC replaces top officials at state mining company
THE Democratic Republic of Congo's president has replaced the chairman and CEO of state-owned mining company Gecamines, which holds stakes in copper and cobalt...
ICCM says government policy has tightened the metals cycle
THE energy transition and its critical minerals supply chain has put mining into the orbit of government policy – with important consequences for the...
Glencore to extend KCC in land deal with Gécamines
GLENCORE said on Wednesday an agreement with Gécamines to access additional land titles had boosted ambitions to increase production from its Kamoto Copper Company...
Zambia’s state miner plans metals trading firm
ZAMBIA'S state mining company is developing plans to trade commodities on international markets, seeking to capture greater value from the country's growing appeal as...
BHP not boxed into M&A after “lessons from the past”
BHP CEO Mike Henry said previous experience had taught his company not to get "boxed into M&A" in order to grow production.
"We've deliberately positioned...
Patrice Motsepe steps down as executive chair of ARM
PATRICE Motsepe has relinquished executive duties on the board of African Rainbow Minerals (ARM), the R46bn diversified mining group he helped found in 2002.
Citing...
Anglo American’s maple leaf temptations
THERE are few companies in the world that have struggled as much as Anglo American over its national identity, unwittingly predicted from the very...
US Govt’s ‘Project Vault’ raises market disruption concerns
A $12bn minerals stockpiling initiative unveiled by the US has prompted questions from analysts and traders over potential market disruption and competition with allied...
Glencore-US Govt is the perfect relationship rebound
MINING houses of the ilk of Rio Tinto and Glencore are the standard-bearers of industry consolidation. So how do you consolidate the consolidators? With...