A Zambian court on Friday withdrew an earlier order blocking a provisional liquidator at Vedanta’s Konkola Copper Mines (KCM) business from disposing of KCM’s assets or making arrangements with its creditors. The about-turn from the Zambian High Court …
Zambian court withdraws order blocking disposal of Vedanta unit assets Read More »
South Africa will shut down its entire rail network transporting coal from pits to customers for almost two weeks to undertake scheduled repairs, State-owned freight rail logistics firm Transnet said on Friday. Transnet Freight Rail said the shutdown, …
South Africa’s entire coal line to be shut for maintenance – Transnet Read More »
Metals and mining company Nyrstar extended a production stoppage at its Port Pirie lead and zinc smelter in Australia, it said on Friday.
The force majeure will continue into July 2019, the Belgium-based company said in a statement, adding that it exp…
Nyrstar extends production stoppage at Port Pirie smelter Read More »
The three main labor unions at Chile’s Chuquicamata mine voted on Thursday to accept the latest contract offer from Codelco, the world’s largest copper producer, ending a two-week-old strike that had docked output at the sprawling copper deposit.
The …
Strike ends at Chile’s Chuquicamata copper mine after vote on Codelco offer Read More »
Gold miner Avocet Mining, which has been plagued by a shortage of cash and feeble production, on Friday said its board has proposed voluntary liquidation and that remaining cash should be used to pay creditors. The company had warned in October that it…
Struggling miner Avocet plans to voluntarily liquidate Read More »
At least 41 artisanal miners were killed on Thursday when part of a copper and cobalt mine owned by Glencore collapsed in southeast Congo, the provincial governor said.
The accident occurred in the KOV open-pit mine at the Kamoto Copper Company (KCC) …
Accident at Glencore mine kills at least 41 in Congo Read More »
Indigenous groups in Peru are turning to the courts with a new legal strategy for keeping mining and oil projects off their land, racking up victories that could make it harder for companies to secure permits in the major minerals producer.
Native com…
Peru native groups use new legal strategy to push back on oil, mining plans Read More »
Zimbabwe’s central bank has reassured gold companies and people receiving money transfers that they will still be able to receive foreign currency in their bank accounts after a ban takes effect in shops. On Monday, Zimbabwe declared its interim RTGS d…
Zimbabwe allays fears over gold sales, remittances after currency reform Read More »
African countries have joined the list of nations wanting an end to a US veto on judicial appointments at the World Trade Organization (WTO), a statement showed on Wednesday, meaning a large majority of WTO member States now openly oppose the US positi…
African nations join majority in opposing US blockage at WTO Read More »
Exxaro Resources expects its coal production to fall by 5% by volume in the first half of 2019, mainly due to reduced demand from struggling state-owned power utility Eskom, it said on Wednesday. It added it expects domestic coal demand and pricing to …
Exxaro says Eskom woes to hit coal production Read More »
