The legal checks are done, the deposit is due within days, and the proceeds are …
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Perpetual Next have signed a license and engineering agreement with Air Liquide Engineering and Technologies …
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Zambia’s electricity grid is to be connected to the copper mining heartland of the Democratic …
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The legal checks are done, the deposit is due within days, and the proceeds are …
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Copperbelt Energy Corporation (CEC) Group Chief Executive Officer, Eng. Owen Silavwe, has received the Energy …
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Luxembourg domiciled copper development company, Koryx Copper focused on advancing its 100 percent owned Haib …
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Copper prices soared on Tuesday to their biggest daily percentage gain in 2½ years, as Glencore PLC’s decision to shut mines and an increase in Chinese imports prompted investors and analysts to ratchet back estimates for global supplies. The rally forced many investors to scramble to close out bearish bets, which amplified the …
Read More »Glencore PLC Chief Executive Ivan Glasenberg’s rescue plan for his company could hinge on the fortunes of a single metal: copper. The company’s decision to close two unprofitable African copper mines would take 400,000 tons of copper production out of the market over the next 18 months, and helped send prices for the industrial metal …
Read More »IT is an ambush for Mopani Copper Mines, the strongest allies of the PF government, to suspend mining operations in Zambia for at least 18 months, says mines deputy minister Richard Musukwa. Swiss commodity trader and miner Glencore AG has announced that it is immediately suspending mining in Zambia and …
Read More »Cathode output at Glencore’s African copper businesses is set to be cut by 400,000 tonnes as a result of operational reviews at Katanga Mining and Mopani Copper Mines, the Switzerland-based miner and trader said on Monday September 7. “This will include the suspension of production at Katanga and Mopani for …
Read More »LUSAKA – Zambia’s president will not allow the copper-exporting country’s currency to collapse and may intervene to regulate markets, a government spokesperson said on Monday, as the kwacha fell to new record lows against the dollar. “The president cannot allow the national currency to collapse because of a false belief …
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