Vedanta says it has arranged $250 million to settle Zambian copper mine debts
Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM.
Latest Stories
British Columbia’s Haida Nation Aboriginal title sparks constitutional questions
British Columbia's formal recognition of the Haida Nation's Aboriginal title over a group of islands near the Alaskan panhandle is a reconciliation milestone. But it’s raising legal and economic questions.
Gold prices rise to one-month high after US jobs report
Bullion is up more than 2% for the week so far.
Panic short-covering ignites Comex copper as shipments fail to arrive
August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton.
Teck jumps on buyback, debt plan after coal sale to Glencore
The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.
Skeena Resources wins appeal over Eskay Creek tailings storage facility
The miner has successfully appealed a prior decision regarding ownership of waste rock and tailings from the British Columbia mine.
Copper price surpasses $10,000, expected to rise further, says Citigroup
Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts.
Amman Mineral seeks up to $1.5 billion loan for mine expansion
The company currently owns Indonesia's second-largest copper and gold mine.
Key China copper premium climbs above zero as orders pick up
Copper’s surge to a record on wave of speculative money has run out of steam in recent months.
