First Quantum shelves plan to sell stake in Zambian copper mines
China’s Jiangxi Copper had been speculated as a potential suitor for minority interests in First Quantum’s Kansanshi and Sentinel mines.
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Court documents reveal ex-Glencore trader’s political bribes in Nigeria
Former Glencore trader said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of company funds in 2014 to an intermediary who’d requested the cash to benefit a senior government official in the nation’s elections.
Rio Tinto pays $9.1 billion dividend as profit hits record
Rio Tinto is the first of the majors to post earnings, kicking off a reporting season that’s expected to see record results across the board.
Rising supply to push copper price further below record peak
Experts say large brownfield and greenfield projects close to being commissioned or are already ramping up will hit copper prices.
Bandits steal truckloads of copper worth millions in southern Africa
Crime gangs have stolen dozens of truckloads of copper owned by miners and traders including Glencore, Trafigura and Traxys this year.
Bluejay Mining to sell Finland projects for $5.6m
It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.
New technology closer to reaching superhot geothermal energy sources
Progress is being made toward the holy grail of geothermal energy, according to experts gathered at the PIVOT21 Conference.
Ex Rio Tinto chief Walsh joins Aboriginal group’s board
Appointment comes after a particularly fraught period in relations between traditional land owners and Australia's powerful mining companies.
Petra Diamonds finds 342-carat rough at Cullinan mine
Petra said the diamond, of “exceptional” quality in terms of both its colour and clarity, will likely be sold at the September tender.
