​​Civil unrest in South Africa, covid-19 may push cobalt prices up — report

Benchmark copper prices on the London Metal Exchange, trading at around $5,850 a tonne, have tumbled nearly 9% this month.

An illegal strike that led to the dismissal of over 600 employees at the Mototolo mine run by Anglo American Platinum has been resolved and the workers will be reinstated.

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law.

The deal, approved by shareholders on Tuesday, creates a company that will eclipse Anglo American Platinum Ltd. as the world’s biggest platinum miner and will rank second to Russia’s MMC Norilsk Nickel for palladium output.

Rio Tinto, which is seeking to divest less profitable assets, said last November that it was selling its 69% stake in the world's longest-running open pit uranium mine to China for up to $106.5 million.

President Edgar Lungu has swiftly followed through on his threat with a move to liquidate Konkola Copper Mines (KCM), the local operating unit of India's Vedanta and one of the country's biggest producers.

Eurasian Resources Group and China Non-Ferrous Metals Co. expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta.

Nighthawk has increased its drill program to 35,000 metres for the year, up from the previously forecast 25,000 metres, which makes it the largest drill program in the explorer’s history.

Sudanese Rapid Support Forces seized 241 kg of gold from a plane that landed in Khartoum on May 8 in an investigation into possible smuggling.