All the copper from giant new Congo mine destined for China

Part owner Zijin and Chinese trader Citic sign deals for 100% of Ivanhoe's DRC mine output, the biggest to enter production in decades.

Cecilia Jamasmie | June 9, 2021 | 7:01 am

Sandfire awards $496 million mining contract at new Botswana copper mine

The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast Botswana to western Namibia, is touted as one of the world’s emerging but mostly under-explored copper-silver region.

Reuters | June 9, 2021 | 4:36 am

Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor

With the payment, Vale said it will have fulfilled all the conditions for completion of its purchase of Mitsui's stake in the Moatize mine.

Reuters | June 8, 2021 | 4:03 pm

Newcore shares surge on updated Enchi PEA

At spot gold prices, Enchi delivers post-tax NPV5% of more than $302M and an IRR of plus-54%.

Henry Lazenby | June 8, 2021 | 10:54 am

World needs Congo copper to kick fossil fuels, Friedland says

“If we came from Mars and we were sent in our flying saucer to orbit the Earth to find copper, we would definitely go to Katanga in the southern part of the Democratic Republic of the Congo as the richest place on the planet for copper."

Bloomberg News | June 8, 2021 | 8:12 am

Moody’s flags significant ESG risks to mining with new ratings

The ratings agency has released new ESG issuer profile and credit impact scores for the global metals and mining sector.

Cecilia Jamasmie | June 8, 2021 | 8:03 am

Lucara digs up 470-carat diamond at Karowe

The top light brown "cleavage" diamond measures 49x42x26mm and is Lucara’s third diamond over 300 carats found this year.

Cecilia Jamasmie | June 8, 2021 | 6:58 am

Anglo American coal spin-off weak on first days of trading

South Africa’s Thungela Resources recovered slightly on Tuesday after a grim Monday debut on both London and Johannesburg exchanges.

Cecilia Jamasmie | June 8, 2021 | 3:35 am

Endeavour sets dividend policy ahead of London listing, shares flat

Company said it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a LSE listing expected next week.

Reuters | June 7, 2021 | 7:20 am

First

Last

Mali’s gold reserves climb to 881.7 tonnes – mines ministry official

Ghana orders miners to sell 20% of refined gold to central bank

Zimbabwe gives first details of new mining royalty policy

Codelco sees copper deficit at 8 million tonnes by 2032

Zanaga Iron Ore shares soar after buying Glencore project in Congo

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