Can Anglo’s copper pivot help thwart renewed takeover bid?Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.Reuters | October 24, 2024 | 9:02 am
First Quantum confirms talks over Zambian assetsPotential deal with unnamed company is estimated to be worth…Staff Writer | October 24, 2024 | 7:33 am
Anglo American copper, diamond output down in Q3, 2024 guidance unchangedCopper will make up 60% of Anglo's business after it…Reuters | October 24, 2024 | 3:56 am
Glencore-Congo mine row tied to sanctioned ex-partner Gertler Dan Gertler was sanctioned by the US in 2017 over alleged corruption. Bloomberg News | October 3, 2024 | 6:48 am
Zimbabwe softens stance on local lithium processing after price collapse Africa's top lithium producer had last year given producers up to March 2024 to submit plans of how they would produce the metal. Reuters | October 3, 2024 | 6:42 am
Anglo American not a sitting duck after breakup, CEO says The mining giant is restructuring its business to mainly focus on energy transition metal copper. Reuters | October 3, 2024 | 6:36 am
China’s fast-growing copper champion is reshaping global metal supply After a three-decade exploration and acquisition blitz, Zijin Mining Group is digging up gold, copper and lithium across multiple continents. Bloomberg News | October 2, 2024 | 4:58 pm
Super Pit development kicks off at Barrick’s Lumwana copper mine in Zambia The $2 billion expansion is expected to transform Lumwana into a long-life, high yielding Tier 1 copper mine. Staff Writer | October 2, 2024 | 12:57 pm
Tanzania to pay market prices to miners ordered to sell gold to central bank Major gold producers in the nation include AngloGold Ashanti and Barrick Gold. Bloomberg News | October 2, 2024 | 11:35 am
Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline Traders said that the incident could tighten supplies in the cobalt market. Reuters | October 2, 2024 | 7:05 am
Uganda sets up state-owned firm to take stakes in mining operations All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses. Reuters | October 2, 2024 | 4:16 am
Sinomine decries tough Zimbabwe conditions amid lithium price slump Africa's top producer of lithium has attracted over $1 billion investment from Sinomine and its Chinese peers. Reuters | October 1, 2024 | 9:02 am