Administrator ZCCM-IH engages ROTHSCHILD & CO. to assist with the strategic review of Mopani Copper Mines Market Announcement: Rothschild & Co. engaged to assist with the strategic review of Mopani Copper Mines Plc. This engagement follows a competitive procurement process in which five other companies, ... Jun 21, 2022
Administrator China ban on foreign coal investment leaves Zimbabwe scrambling Zimbabwe’s plan to refurbish two idled coal-fired power stations has been thrown into disarray by China’s decision to ban investment in plants burning the dirtiest fossil fuel outside its borders. Zim... Jun 13, 2022
Administrator Chambishi Metals set to open, as govt vows to continue working with trusted investors Negotiations between the state, an unnamed new investor, and the previous owners of Chambishi Metals Plc are nearly completed, according to the government, and will result in the asset becoming operat... Jun 6, 2022
Administrator Copper price scales $10,000 on Chinese stimulus, lockdown retrieve The copper price jumped on Thursday as China’s zero-covid strategy appears to be winding down. Officials in Shanghai announced an end to a two-month lockdown on Monday. China’s cabinet on Tuesday ann... Jun 6, 2022
Administrator Zambia and Namibian govt to sign mou for gas, oil pipeline construction The Zambian and Namibian governments are next month expected to sign a Memorandum of Understanding for the construction of a Gas and Oil pipeline from Windhoek into Lusaka. Energy Minister Peter Kapal... May 23, 2022
Administrator Copper prices slip on lingering global slowdown worries Copper prices fell on Wednesday, as bets of big US rate hikes following hawkish comments from Federal Reserve officials, and a recent batch of weak economic readings from China put focus back on globa... May 23, 2022
Administrator Anglo American to return to Zambia with ARC Minerals Copper deal Junior exploration company Arc Minerals has entered into an agreement with a subsidiary of diversified miner Anglo American, which formalises the parties’ intention to form a joint venture (JV) with r... May 16, 2022
Administrator Copper price recovers as China covid cases ease Copper price rebounded on Wednesday as slowing covid-19 infections in top metals consumer China eased near-term demand concerns, even as enduring pandemic-related lockdowns weighed on sentiment. Coppe... May 16, 2022
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
