Fire at Vale iron ore terminal could cut shipments by 32m tonnes; China’s imports of Australian copper ore plunged to zero; Kabanga, Tanzania to develop world’s largest nickel deposit
Billionaire Anil Agarwal in July said he planned to offer around $1 billion to take London-listed Vedanta Resources Plc private, a move that has rekindled speculation his ultimate aim is a deal with miner Anglo-American.
The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.
Four companies are negotiating - Sibanye-Stillwater , Harmony Gold, AngloGold Ashanti and a smaller producer, Village Main Reef- under the auspices of the Minerals Council South Africa industry group.