June 3, 2019

Vedanta seeks arbitration in Zambian copper mine dispute

Zambia’s government this month began liquidation proceedings against Vedanta’s Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax.

June 3, 2019

Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says

Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import…

May 31, 2019

Rejection of Barrick bid is ‘no brainer,’ top Acacia investor says

Fidelity International said the bid was around 50% too low.

May 31, 2019

Zimbabwe says mines can pay for power in foreign currency to secure supply

Fortune Chasi said on Thursday the country's largest hydroelectric plant, Kariba Dam, will suspend output in 14 weeks if water levels continue to fall at the current rate.

May 31, 2019

Production stalled at Vedanta’s Konkola Copper Mines

Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes KCM business.

May 31, 2019

Canada’s Desert Gold renews permit for Malian gold project

The BC-based miner owns 100% of the Djimbala project located in Mali’s Yanfolila gold belt.

May 30, 2019

Copper market faces larger shortages, supply issues simmer

Benchmark copper prices on the London Metal Exchange, trading at around $5,850 a tonne, have tumbled nearly 9% this month.

May 30, 2019

S.Africa’s Amplats settles strike at Mototolo mine

An illegal strike that led to the dismissal of over 600 employees at the Mototolo mine run by Anglo American Platinum has been resolved and the workers will be reinstated.

May 30, 2019

Zambia says Konkola mines case a “warning” to foreign investors

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law.

May 29, 2019

After M&A spree, Sibanye is now the world’s No. 1 platinum miner

The deal, approved by shareholders on Tuesday, creates a company that will eclipse Anglo American Platinum Ltd. as the world’s biggest platinum miner and will rank second to Russia’s MMC…