Base Metals

First Quantum to explore “smaller” mine sales, cuts dividend

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FIRST Quantum will explore selling smaller mines in its portfolio and stakes in its larger mining assets, but it scotched rumours it planned to...

Cutifani says Glencore tie-up a priority for Vale Base Metals

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VALE Base Metals (VBM) is prioritising a decision on whether to combine its nickel operations in Canada's Sudbury basin with those of Glencore this...

First Quantum dismisses “false rumours” of Zambia mine sales

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FIRST Quantum Minerals on Tuesday dismissed speculation it was planning to sell a stake in its Zambian copper mines. "There is no truth in the...

Former Gold Fields CEO says firm enjoying benefits of his work

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IT'S been a year since Chris Griffith blazed out of Gold Fields, the 2.5-million ounce a year miner he led for two years prior...

Barrick, Jiangxi said to be circling First Quantum Minerals

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BARRICK Gold sounded out shareholders in First Quantum Minerals about a possible takeover of the copper producer after it ran into balance sheet difficulties...

Alphamin tin sales hit as heavy rains worsen Congo roads

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ALPHAMIN Resources said poor road conditions, which were exacerbated by heavy seasonal rains, were likely to result in lower than guided tin sales for...

Anglo update was downbeat with copper cuts, diamond losses

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DE BEERS would be lossmaking during the second half of the 2023 financial year ended December 31 after closing its two final cycles with...

Zambian rescue workers continue to search for miners after mudslide

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RESCUE workers in Zambia were still searching on Monday for at least 25 informal miners buried alive three days ago by a mudslide at...

First Quantum to fast track Zambia’s Fishtie copper project

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FIRST Quantum Minerals is to fast track the development at the Fishtie copper project starting in 2026, said Reuters. The Toronto-listed firm signed an agreement...

Sibanye-Stillwater not yet abandoned Mopani Copper deal

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SIBANYE-Stillwater had not given up buying Zambia's Mopani Copper despite an announcement last week a sale agreement had been signed with a company in...