Trafigura seeks control of Zimbabwe’s metals for unpaid debts

Under the agreement, Trafigura will be paid $225.6 million by nickel and goldmining subsidiaries of state-run Kuvimba Mining.

Bloomberg News | April 29, 2022 | 8:43 am

Zambia’s ZCCM-IH to appoint adviser to restructure Mopani Copper Mines

Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking for a new investor for the mine since.

Reuters | April 29, 2022 | 7:18 am

Opinion: World lacks time, not minerals for climate-saving technology

The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.

Bloomberg News | April 29, 2022 | 4:24 am

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.

Cecilia Jamasmie | April 28, 2022 | 3:47 am

Petra Diamonds mulls sale of loss-making Koffiefontein mine

Petra wants to offload the Koffiefontein diamond mine in South Africa, which reaches the end of its productive life in 2025.

Cecilia Jamasmie | April 27, 2022 | 3:48 am

Apple, Tesla, Intel could be using conflict minerals due to faulty scheme

Global Witness says it is not the companies but the ITSCI certification scheme they rely on to vet their suppliers where the problem lies.

Cecilia Jamasmie | April 27, 2022 | 1:00 am

GNRI considers sale of $1.5 billion Botswana copper mine

Khoemacau is majority owned by Global Natural Resource Investments, which was formed from a 2015 management buyout of Barclays Plc’s natural resources private equity business.

Bloomberg News | April 26, 2022 | 2:15 pm