EPA issues draft underground injection control decision for Florence copper project

Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.

The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project.

The news has rattled foreign investors already nervous governments in central African countries are seeking a much bigger share of resource revenues.

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.

The blockade would be resumed pending further response from the miner and the central government.

The news comes a day after Zambia said it planned to strip Vedanta-controlled Konkola Copper Mines of its mining licence for breaching deal terms.

The fortunes of two commodities are beholden to China, the world's biggest importer and user of both iron ore and copper.

The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.

London-listed Vedanta said in a statement that it was seeking an urgent meeting with Lungu over the future of KCM.