China’s copper plants consider cuts after years of breakneck growth
Stung by disappearing profits, the country’s top industry body last week put forward a menu of options to limit oversupply.
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Coal miner starts building South Africa’s biggest wind farm
Seriti plans to build infrastructure capable of providing 900 megawatts of green energy over the next few years.
Board to decide Vale’s presidency this week
Potential candidates for the position include former Vale president Murilo Ferreira.
Avino Silver & Gold reports improved economics for oxide tailing project in Mexico
The life of the project has increased by two years, the silver production has increased almost 3 million oz., and the gold production has more than doubled.
NextSource to reach full production at Molo graphite mine by July
The Madagascar mine is expected to achieve nameplate capacity of 17,000 tonnes of graphite concentrate per year.
Sibanye CEO pushes on with copper hunt after failed Zambian bid
The precious metals producer is still looking for copper assets to buy across the African copper belt.
Sumitomo cuts nickel output forecast in Madagascar due to system glitches
Japanese trading house slashed its output estimate of nickel at the Ambatovy project.
South African platinum industry could shed up to 7,000 jobs to cut costs
South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.
Zambia to start trading its own copper, competing with Glencore
The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.
