Serbia eyes billions of euros for power production by 2040

Heavily in debt and with dwindling output, Gecamines has long complained about its joint venture terms.

The plant would form part of a larger Grand Inga hydropower complex spanning the Congo River.

Vedanta is considering options including lay-offs for some of the 2,000 employees of its iron ore business that was shut down by a court.

No surprise who the winner is.

Decision gives 18 months more than planned to the operation, which would result in additional production of 470 million pounds of zinc and 52 million pounds of copper during that period.

The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.

The new rules are a clear effort to improve the current legislation as seamlessly as possible, but in close attention to the international industry dynamics and to a number of other sensitive issues (such as environmental recovery and security).

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.

Nelson Pizarro wants to remain at the helm of the world’s biggest copper company until he can cut the ribbon on a project to convert its flagship pit into a giant underground mine.