Alejandra Espejo First Quantum adds GM leader development programme to Zambia initiatives TSX-listed First Quantum Minerals has embarked on a new GM Leadership Development Programme in Zambia to mould talented staff into capable leaders. This is expected to build on the success of the Non... Jan 10, 2022
Administrator Copper price set for biggest weekly decline since November The copper price rose on Friday, supported by a rebound in equities and tight supply, but a firmer dollar and expectations of an early US interest rate hike kept the metal on track for its biggest wee... Jan 10, 2022
Alejandra Espejo Gold steadies near 6-week high as firmer yields offset Omicron woes Gold scaled a six-week high before it gave up gains to trade flat on Monday, as safe-haven buying fuelled by an Omicron-driven surge in Covid-19 infections countered pressure from higher US Treasury y... Jan 3, 2022
Administrator Copper price rises as China’s factory activity accelerates The copper price rose on Friday on robust demand from top consumer China. March delivery contracts were exchanging hands for $4.46 a pound ($9,812 a tonne) by midday on the Comex market in New York, ... Jan 3, 2022
Administrator Billionaire-backed African Rainbow buys mothballed platinum mine * African Rainbow Minerals, backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum’s mothballed Bokoni platinum mine for R3.5-billion. * The deal comes after the wo... Dec 27, 2021
Administrator Researchers link cobalt mining in the DRC to violence, substance abuse, food-water insecurity .After studying the impacts of cobalt mining in the Democratic Republic of the Congo, an interdisciplinary team of researchers led by Northwestern University is calling for more data on how emerging t... Dec 27, 2021
Administrator Most commodities prices to average lower in 2022 — report In its latest industry report, market analyst Fitch Solutions says it expects global commodity prices to ease in 2022 from current levels and forecasts most commodity prices to average lower on a y-o-... Dec 20, 2021
Administrator Freeport, China smelters agree higher copper treatment charges for 2022 Miner Freeport-McMoRan Inc has agreed copper treatment and refining charges (TC/RCs) for 2022 with Chinese smelters at $65 per tonne and 6.5 cents per lb, two sources with knowledge of the matter said... Dec 20, 2021
Administrator Copper price down as Omicron fears subside The copper price retreated on Thursday after a three-day advance as the dollar firmed, omicron fears subsided and attention turned to the unwinding of US monetary stimulus. March delivery contracts w... Dec 13, 2021
Administrator Zimbabwe-based miner expands operations With Zimbabwe’s extensive resources, platinum group metals producer Zimplats intends to expand its mining operations, exhausting the southerly parts of the mine area and focusing on the northern minin... Dec 13, 2021
Administrator Jubilee upbeat about outlook for copper, PGM markets *Metals processor Jubilee Metals Group sees a rosy outlook for the copper and platinum group metal (PGM) markets in the years ahead.* “The outlook for copper, in particular, remains buoyant, with man... Dec 6, 2021
Administrator Ivanhoe Mines Reports No Impact from the Omicron Variant on Any of Its Operations * Sandton, South Africa--(Newsfile Corp. - December 2, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) * reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine ... Dec 6, 2021