Administrator Zambia’s ZCCM-IH to a appoint adviser to restructure Mopani Copper Mines Zambia’s state mining investment firm ZCCM-IH is in the process of appointing a financial adviser to restructure Mopani Copper Mines and help find an investor for the copper mine, board chair Dolika B... May 2, 2022
Administrator The ton of copper tumbles to 9,695.85 USD at the end of this week IN A DOWNWARD TREND FOR A FEW WEEKS ALREADY, THE PRICE OF COPPER FELL AGAIN ON THE INTERNATIONAL METALS MARKET AT THE END OF THIS WEEK, INFORM THE INDICATORS OF LONDON METAL EXCHANGE (LME). On the Lo... May 2, 2022
Administrator Copper rebounds after miners report sliding production Copper prices bounced on Thursday after a spate of production problems that threaten to cut supply, including a state of emergency in Peru, the world’s second biggest producer. Benchmark three-month c... Apr 25, 2022
Administrator Gold price drops as stronger dollar, yields weigh on safe havens Gold prices fell over 1% on Tuesday as a stronger US dollar and rising Treasury yields overshadowed inflows into the safe-haven metal. Spot gold dropped 1.1% to $1,957.20 per ounce by 12:45 p.m. ET, e... Apr 25, 2022
Administrator FQM ranked 6th largest copper producer in the world First Quantum Minerals (FQM), which operates the Kansanshi and Sentinel mines in North-Western Province, has been ranked the sixth largest copper producer in the world. The ranking by mining commoditi... Apr 18, 2022
Administrator Zambia’s Copper Potential coming to fore again as Castillo Survey shows upside London- and Sydney-listed base metal explorer Castillo Copper has identified multiple copperpotential drill-testing targets at its Mkushi project in Zambia, Africa’s second-largest copper producer. Ca... Apr 18, 2022
Administrator Barrick sees scope to grow Zambia Copper output Barrick Gold Corp., the world’s second-biggest producer of the precious metal, sees opportunity to grow its copper production in central Africa, especially with a pro-business government having won po... Mar 28, 2022
Administrator First Quantum Minerals clarifies reports on KCM and Mopani First Quantum Minerals has reiterated its commitment to invest further in Zambia’s mining sector, but has clarified that it has no plans to acquire Mopani Copper Mines (MCM) nor Konkola Copper Mines (... Mar 28, 2022
Administrator World: On the rise, cobalt goes from 75,521.25 to 78,277.50 USD on the International Market this week The prices of the Main Mining Products exported from the Democratic Republic of Congo (DRC) are showing an upward trend on the International Market for the week from March 14 th to 19 th , 2022. Accor... Mar 21, 2022
Administrator Global Risk Complexity could support stronger appetite in longer dated kwacha securities in upcoming bond sale The current chaotic state of the global environment is posing an array of short term risks that could fret offshore players in locking liquidity is shorter dated tenors in the upcoming Kwacha fixed in... Mar 21, 2022
Administrator DRC-ZAMBIA: Towards the realization of the joint project to manufacture electric batteries from local raw materials As part of the cooperation agreement on the establishment of a value chain on the manufacture of batteries and clean energies in the very next few days, between the Congolese President Félix Antoine T... Mar 14, 2022
Administrator Gold price approaching record high as Ukraine inflation risks mount Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation. Spot gold surged... Mar 14, 2022