Ivanhoe Mines seeking strategic partner to mine more copper in Congo
The company's founder, Robert Friedland, said he might bring in a minority partner to help develop DRC copper assets.
The company's founder, Robert Friedland, said he might bring in a minority partner to help develop DRC copper assets.
Automakers have been stepping up efforts to lock in supplies of nickel and copper.
Production of the battery material in the Southeast Asian country surged past others including Russia and Australia.
Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold.
“The goal is to discover new deposits that can be the subject of calls for bids, with a view to concluding mutually profitable public-private partnerships,” Felix Tshisekedi said.
Mining in Australia is famous worldwide due to its fascinating history, power in the export market, and as a trendsetter in 'future-proofing' the sector.
Zinc inventories in LME registered warehouses at 16,225 tonnes are at their lowest since June 1989.
More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence.
Neal Froneman said he had "moved on" from the idea he floated two years ago of merging Sibanye with its South African peers.
January is traditionally a strong month for copper production in China, while favourable economics also provided a boost.