Zambia’s copper output increases as country defaults on foreign debt

Zambia’s copper output increases amid foreign debt default

9.45% rise in production comes as good news to Zambia, which missed a $42.5 million payment on part of its international debt last week.

Cecilia Jamasmie | November 20, 2020 | 3:43 am

Glencore's Australia mine expansion threatens sacred sites -authority head

Glencore to expand McArthur River despite sacred sites authority veto

The Northern Territory approval would allow Glencore to double the size of the mine and extend its productive life until 2048.

Cecilia Jamasmie | November 19, 2020 | 7:03 am

GWh for GWh comparison shows Tesla isn’t a “battery company”

Albemarle, Tesla and Uber to jointly push electric car use

Together with 27 other companies, they will lobby to reach 100% EV sales in the US by 2030.

Cecilia Jamasmie | November 19, 2020 | 3:53 am

Luxembourg to create space resources centre

Luxembourg to set up Europe space mining centre

Luxembourg aims to become Europe's space mining hub.

Cecilia Jamasmie | November 18, 2020 | 9:35 am

Miners warned commodities boom could harm environment, communities

Brazilian state affected by Vale dam burst rejects $4bn offer

Minas Gerais’ Secretary General said the state opposed both the amount and some of the terms offered by Vale.

Cecilia Jamasmie | November 18, 2020 | 5:57 am

ZVedanta continues search for worker trapped at Gamsberg

Zinc price soars as Vedanta halts Gamsberg mine after accident

Prices for the metal climbed to an 18-month high in London after Vedanta said the South African mine will stay closed until further notice.

Cecilia Jamasmie | November 18, 2020 | 3:48 am

Lithium revival a dead cat bounce as prices slump to 20-month low

Mexico moves ahead with lithium nationalization plans

Ruling Morena party has introduced a draft bill calling for the battery metal to be deemed the exclusive property of the nation, with production controlled by the state.

Cecilia Jamasmie | November 17, 2020 | 10:03 am

South Africa Places Mining Workers’ Bank Under Administration

Petra Diamonds loses shine with 36% revenue drop

The diamond miner's revenue in fiscal 2020 was $295.8 million, compared to $463.6 million in FY 2019 as pandemic surges.

Cecilia Jamasmie | November 17, 2020 | 6:59 am

Barrick denies alleged links to PNG political unrest

The miner said it will take legal action against those purporting to link CEO Mark Bristow’s recent visit to the country to moves to oust its prime minister.

Cecilia Jamasmie | November 17, 2020 | 3:47 am