South32 gives nod to $2.16bn US polymetallic project Hermosa
SOUTH32 approved a $2.16bn zinc-lead-silver project in the US, as it released first-half results that saw it take a battering from a slump in...
Glencore bows to inevitable by shuttering nickel mine
THE steep decline in the nickel price has claimed another scalp after Glencore said on Monday it would shutter its 49%-owned Koniambo mine.
The announcement...
Vedanta’s Griffith targets $1.3bn rebuild of Konkola Copper
VEDANTA Base Metal's top priority in Zambia will be to restore the loss-making Konkola Copper Mines (KCM) to profitability and build up production from...
Congo firm to buy cobalt from artisanal miners within three months
THE Democratic Republic of Congo’s Entreprise Generale du Cobalt (EGC), a company established to buy up metal from the country's artisanal miners, could start...
Ivanhoe signs 250kt/y copper rail deal for Lobito Atlantic corridor
IVANHOE Mines, which is developing the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), has agreed to rail up to 250,000 tons...
Barrick brings $2bn Lumwana expansion forward to 2028
BARRICK Gold said first production from its Lumwana super pit expansion in Zambia had been accelerated with first production now scheduled for 2028.
The change...
Sibanye-Stillwater to decide on fate of nickel refinery, Sandouville
SIBANYE-Stillwater will next month complete a study that will decide the future of its Sandouville nickel refinery open amid a drastic decline in the metal's...
Orion secures surface rights boosting Okiep Copper Project
ORION Minerals said it had acquired surface rights that would provide it will additional drilling information as part of a bankable feasibility study.
The study...
Mixed tidings for SA as electric vehicles rev up performance
ONE in five cars to hit the road this year will be electric. That’s one million new cars a month, which will take the...
Nickel pain forcing miners to consider production cuts
BHP is considering options for its nickel operation amid a sharp price correction for the metal last year and warned it could write down...