MINING.COM

Of 22 banks polled NO-ONE sees copper price rally continue

New survey of analysts calls into question post-Trump surge with consensus forecasts pointing to sharp decline by year-end and continuing weakness in 2017.

Frik Els | November 17, 2016 | 3:22 am

Congo state miner ‘strongly opposed’ to Lundin’s sale of stake in Tenke

Gecamines claims it has pre-emptive rights to buy the stake as owner of the country’s mining titles.

Cecilia Jamasmie | November 16, 2016 | 6:35 am

Fleurette responds to Global Witness Congo royalties report

Israeli financier Dan Gertler's firm disputes report outlining purchase from Congo state-owned miner of royalty streams from Glencore-owned copper mines.

Frik Els | November 16, 2016 | 5:31 am

Rio learnt about Simandou dubious payment over a year ago — report

Company is said to have found out about the emails referring to a questionable $10.5m payment to a consultant over the Guinea project more than a year ago, not 'just' in August, as it claimed.

Cecilia Jamasmie | November 16, 2016 | 3:45 am

Less than shiny: De Beers recent sale the lowest this year

The world’s top diamond producer by value said results were in line with expected seasonal demand patterns.

Cecilia Jamasmie | November 15, 2016 | 6:55 am

Gold miners to add 10m ounces per year by 2020

But US gold mining industry will stagnate says BMI Research in new study.

Frik Els | November 15, 2016 | 6:26 am

Chinese tighten grip on Tenke mine as Lundin agrees to sell stake for $1.14bn

Canada’s Lundin, which owns 24% of Tenke, has finally agreed to sell its stake to a private equity firm from Asia’s richest nation.

Cecilia Jamasmie | November 15, 2016 | 3:35 am

Report: DRC signs over $880m royalties to president’s friend

Global Witness: Royalty stream from Glencore's KCC copper-cobalt operation transferred to offshore company controlled by Israeli billionaire Dan Gertler.

Frik Els | November 15, 2016 | 2:42 am

Rio Tinto staff shaken to the core by bribery probe — CEO

Speculation is running and some of what is being said strikes at the heart of the culture and values of the company, chief executive officer Jean-Sébastien Jacques said in an internal memo.

Cecilia Jamasmie | November 14, 2016 | 9:04 am

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S&P holds DR Congo rating at CCC+, lowers outlook to stable

AngloGold CEO asked to leave after fund pressure

Glencore copper production drops 11%, cobalt by third

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De Beers likely to cut jobs after covid-19 hit

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