May 21, 2019 Vedanta, KCM seek urgent Zambia talks, court appoints liquidator The news has rattled foreign investors already nervous governments in central African countries are seeking a much bigger share of resource revenues.
May 21, 2019 Zambia’s plan to seize copper mines stuns investors Zambia’s Eurobond yields rose to record highs after the government of the cash-strapped copper producer said it’s planning to seize Vedanta’s mining assets.
May 20, 2019 S.Africa’s Amplats fires over 600 underground workers at its Mototolo mine The company fired about half of the underground workers at its Mototolo mine following an illegal strike.
May 20, 2019 Zambia’s Lungu seeks new investor in Vedanta-controlled copper miner London-listed Vedanta said in a statement that it was seeking an urgent meeting with Lungu over the future of KCM.
May 20, 2019 Lonmin plans to cut 4,100 workers as it closes platinum mines The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.
May 20, 2019 Tanzania fines Acacia Mining $2.4m over alleged pollution Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.
May 20, 2019 Sibanye keeps option to increase Lonmin offer against rival bid Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
May 20, 2019 Nothing seems to matter in copper markets, except the trade war Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.
May 17, 2019 Zambian president threatens Glencore, Vedanta with ‘divorce’ The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest copper producer and the state, after an increase in royalties and plans to introduce new taxes.
May 17, 2019 South African court clears way for Sibanye’s acquisition of Lonmin The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
Critical Metals expects to close Greenland supply deals in Q1 2026, CEO says The company has already pre-sold 75% of planned output, split between the US and Europe. December 31, 2025 | 12:08 pm
