VTB Capital has made its first investment in the Russian mining industry, making a $50 million commitment to Zapadnaya Gold Mining Ltd. The investment arm of the Russian financial services conglomerate VTB Group made its investment with an eye toward...

Chinese-owned NFCA Mining has stated developing a $832 million copper mine project in Zambia's Copperbelt province as it steps up efforts to boost copper production at its Zambian operations, Zambia's state media reported Monday.