February 14, 2012 Death of DRC mining go-to guy will reshape country’s resource sector Augustin Katumba Mwanke, the former governor of copper-rich Katanga province and go-to guy for resource deals, was seen by many as the power behind the throne.
January 18, 2012 Baja Mining announces further draw of US$100 million of senior debt for Boleo VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Baja Mining (TSX:BAJ)(OTCQX:BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew…
January 13, 2012 MINERAL PROCESSING: Simpler flowsheet increases economics for NICO plant Fortune Minerals of London, ON, says the results of a mini-pilot plant test conducted on ore from its NICO gold-cobalt-bismuth-copper project near Mazenod Lake, NT, point toward a simplified flowsheet…
January 1, 2012 African Metals says startup of processing plant in DRC delays by weather, unrest The assembly of an African Metals Corp. (TSXV:AFR) processing plant at its Luisha South copper-cobalt project in Congo is now expected to be completed in January following delays caused by…
November 28, 2011 Pathe to replace Delaney as Sherritt’s retiring chief David V. Pathe will take over as Sherritt International Corp.’s chief executive officer from the retiring Ian W. Delaney effective Jan. 1, the company said in a statement.
November 25, 2011 Samsung considering $2.2 billion investment in Australian nickel/cobalt mine Powerful Korean conglomerate Samsung Group is said to be considering a $2.2 billion investment in an Australian nickel and cobalt mine, The Australian is reporting.
November 22, 2011 20 tonnes of cobalt stolen in Antwerp A container with 20 tonnes of cobalt was stolen from the MSC shipping company site in the Antwerp harbour, Scheldelaan, quay 730 on November 14 said the Belgian police.
November 11, 2011 Katanga gets $635 million to build world’s largest cobalt mine Katanga Mining announced on Friday it has secured $635.5 million in new loan facilities from parent Glencore International to fund the expansion of its Democratic Republic of Congo copper-cobalt mine.…
November 3, 2011 Formation Metals loses financing but continuing to develop Idaho cobalt project Stock in Formation Metals (TSE:FCO) plunged 13% today after a European bank decided to terminate its loan agreement with the Vancouver-based company. The $79.5 million loan from BNP Paribas was…
November 2, 2011 Tenke Fungurume gets green light for $850 million expansion Freeport-McMoRan Copper & Gold Inc. has approved a US$850 million expansion to the Tenke Fungurume mining operations in the Democratic Republic of Congo. Lundin Mining, a partner at the mine…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
