Red Kite’s Mr. Copper backs new metals fund as partners exit
In its heyday during the commodities supercycle of the early 2000s, Red Kite managed about $3.5 billion and was responsible for supplying about 15% of the copper China was consuming.
Hundreds of miners in Kosovo are back on shift following a three-day work stoppage to protest against the Kosovo government, which backtracked on an earlier decision to take control of the Trepca mining complex.
The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.
The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.