Mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick Gold and Vedanta Resources.
Expectations of a supply avalanche hitting the nickel market next year due to new capacity in Indonesia have sent prices to seven-month lows, but analysts doubt the plans spearheaded by Chinese firms can be carried out so quickly.
Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.
Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.
Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal
The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.
The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.
The agreement we reached with the other unions is fair and final and considers the current challenges facing our gold operations - Neal Froneman, Sibanye Stillwater
CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected economic crimes.
China National Coal Group will supply in 2019 more than 97 million tonnes of coal to six utilities, with volumes rising in each subsequent year of the deals.
We have made a decision that there is viability in mining by making sure we don't kill the goose that lays the golden egg - John Mangudya, Central bank governor
Mali joins lithium fray
Barloworld Equipment is the official dealer for Caterpillar's CAT construction, mining and industrial machine range in eleven southern African countries, in addition to Spain, Portugal, Siberia and the Russian far east.
The giant also said it wants "more exposure" in Canada.
Canadian miner Lundin is cutting 106 jobs at its Candelaria copper mine "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.
Barrick Gold is interested in buying more copper mines in the Democratic Republic of Congo (DRC) - Incoming COO of Africa and the Middle East region
BHP said its initial findings of the Nov. 5 incident showed the nearly 3-km (1.9 miles) long train came to a halt after a braking system control cable became disconnected.
Eskom, which supplies more than 90 percent of the nation's power, has warned of potential power outages amid low coal inventories after a major supplier cut supplies and sought insolvency protection.
The Tamil Nadu state disconnected the smelter's power supply in May following anti-pollution protests that turned violent and culminated in the police opening fire, killing 13 protesters.
Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.
Following the news, NMDC shares fell as much as 7.4 percent to 99.20 rupees, their lowest since July 25, marking their biggest single-day fall since Aug. 9.
Although Katanga said that copper production was continuing as normal, it warned that its earnings would be affected if the dispute is not settled.
The company "unsuccessfully tried to boost short-term performance" including "questionably running up its accounts payable to exaggerate cash flows."
While the project known as S11D isn’t scheduled to hit its 90-million-ton capacity until 2020, China’s appetite for the mine’s low-cost, high-grade ore continues to grow.
New York-based Paulson & Co maintained its stake as spot gold prices declined more than 5%