Mali president signs new mining code in bid to raise govt stake

New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.

The parties have agreed to pause hearings on their dispute over Konkola Copper Mines for six months.

When it comes to copper, big miners and metals traders are warning that in just a couple of years’ time, a massive shortfall will emerge.

A court in Burkina Faso last week handed out suspended sentences to two executives after finding them guilty of involuntary manslaughter for the flood disaster.

Glencore, which owned Mopani until March 2021, is prepared to lend up to $ 100 million as a short-term cash injection to Zambia's copper mine.

The collapse of a tailings dam in South Africa earlier this month has put the spotlight on the need for binding global regulations of facilities used to store mining waste.

The initiative, launched in June, is designed to funnel investment toward developing countries with mining projects that adhere to stricter environmental, social and governance standards.

“There hasn’t been a major exodus of our top shareholders,” CEO Chris Griffith says.

Project has one of the world’s largest uranium resources, with 100 million lb. of U3O8 in measured and indicated mineral resources, plus inferred resources of 20 million pounds.