Congo’s South Kivu governor suspends mining operations in province The decision will hit artisanal miners of metals such as gold and tin hard, as they are the region's dominant producers. Reuters | July 19, 2024 | 10:12 am
Vedanta pays $246 million to regain Zambia copper mines The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons. Bloomberg News | July 19, 2024 | 10:02 am
Zambia asks mines to curtail normal power use by 40% amid crunch Production has so far been stable thanks to co-operation between the mining industry and the government. Bloomberg News | July 19, 2024 | 9:49 am
Lion One Metals stock plunges despite financing Lion One Metals plummeted over 20% during the early hours of trading in Toronto to a 52-week low. Staff Writer | July 19, 2024 | 8:34 am
Vale resumes operations at Salobo 3 after fire Vale said 2024 copper production guidance remains at 320-355 kt. Staff Writer | July 19, 2024 | 8:22 am
Zimbabwe may sell 40% stake in a key gold mine to raise capital Zimbabwe’s largest gold producer is negotiating with potential partners to boost production at its Shamva mine. Reuters | July 19, 2024 | 7:58 am
Copper price set for worst week since 2022 as China Plenum disappoints Copper prices have retreated from a record hit in May on concerns about the strength of demand in China. Bloomberg News | July 19, 2024 | 7:02 am
Boliden’s Q2 earnings disappoint despite near fivefold rise The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result. Reuters | July 19, 2024 | 6:52 am
Serbia locks lithium deals with the EU amid Jadar’s revival The country, home to Rio Tinto's Jadar project, inked a series of deals granting EU members exclusive access to Serbian lithium. Cecilia Jamasmie | July 19, 2024 | 6:23 am