Category: Mining
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CLIMATE SYSTEMS ‘BREAKDOWN’ LOOMS AS COAL INVESTMENTS SOAR
The coal industry has backtracked on pledges to phase out existing plants and halt new…
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GEMFIELDS ANTICIPATES MORE THAN 50% INCREASE IN NET PROFIT
(Copperbelt Katanga News) Gemfields believes it is reasonably certain that its net profit after tax…
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Not much activity in the gold markets in August – WGC
Gold-related activity among central banks was muted in August, with only a handful of banks…
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Konkola Copper Mines hires RMB to find new investor
Konkola Copper Mines (KCM) has appointed Rand Merchant Bank (RMB) as financial advisor as the government searches for a…
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ANGLO TO BEGIN COPPER SHIPMENTS FROM QUELLAVECO, TWEAKS GUIDANCE
Diversified major Anglo American on Monday announced the start of commercial operations at its 300 000 t/y copper-equivalent…
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GRIM DEMAND OUTLOOK PUSHES COPPER PRICES TO 2-MONTH LOW
Copper prices dropped to two-month lows on Monday as fears of a global growth slowdown,…
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GLENCORE PROPOSES LOANS TO ENSURE PRODUCTION AT MOPANI COPPER MINE
Glencore Plc and Zambia’s state-owned mining company ZCCM-IH could jointly lend Mopani Copper Mines $200…
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Glencore buys Newmont’s stake in Argentina copper-gold project
Mining and commodities giant Glencore (LON: GLEN) is buying Newmont’s (NYSE: NEM), (TSX: NGT) minority stake in…
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TOP GOLD CEOS SAY SOARING COSTS WILL HOBBLE MINING INDUSTRY
The world’s top gold mining executives see cost pressures sticking around into next year, adding…
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GOVERNMENT TO SETUP COMMISSION TO REGULATE MINING SECTOR
THE Government says it is setting up a mining commission to regulate and monitor the…