An intensifying feud between shareholders of the Tenke Fungurume mine may lead a court-appointed administrator to block its exports of copper and cobalt.
Over the coming years, Fitch forecasts high copper prices on the back of a bullish demand outlook as the economics of copper mining projects will become increasingly attractive to investors.
After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.