Congo to enforce local ownership rule for copper, cobalt miners
Mines Minister Louis Watum said firms must demonstrate that 5% of their share capital is held by Congolese employees.
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China’s copper demand to cool as buyers shut for longer holiday
The rally has “increased financial costs at copper rod and pipe producers, and reduced their order books,” analyst says.
Harmony Gold says newly acquired Australian copper mine requires two-year revamp
Harmony officially took over the CSA mine in New South Wales last October after acquiring it from Australian miner Mac Copper.
Gold price advances 2% ahead of US jobs data
Spot gold surged as much as 2.3% to $5,070 per ounce.
Zijin Mining raises 2028 gold output target on record prices
Mined gold output will rise to between 130 to 140 tons over the next three years, it said.
TechMet plans additional $200M raise, has Africa in sight
CEO Brian Menell has said that the company is planning to make more investments in the coming months.
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
Eramet shares drop as CFO’s suspension deepens management crisis
Eramet said in a statement that the suspension of its finance chief was not related to the firing of Paulo Castellari as CEO.
US challenges Chinese control in race for African minerals
Washington's focus is on Zambia, Guinea and Democratic Republic of Congo.