Valterra asset level deals most logical option for Northam
IMPALA Platinum and Sibanye-Stillwater distanced themselves from an offer for Northam Platinum on Tuesday, which means Valterra Platinum is the only one likely to have an…
Congo flood puts Zijin’s copper goal at risk
ZIJIN Mining Group said flooding at its Kamoa-Kakula mine in the Democratic Republic of Congo is putting its full-year copper production target under pressure, Bloomberg…
Congo bans copper, cobalt concentrate exports – report
THE Democratic Republic of Congo has banned exports of copper and cobalt concentrate, marking a major escalation of its push to force domestic processing, said Reuters in an…
Congo pushes ahead with local ownership deadline
DEMOCRATIC Republic of Congo will begin enforcing a long-delayed rule requiring miners to hand over local ownership stakes from 31 July, Reuters quoted the mines ministry as…
China copper stocks fall on war-driven price drop
CHINESE copper inventories recorded their largest weekly decline this year as a sharp fall in prices triggered by the Iran war spurred a surge in demand from fabricators, said…
Copper near record price as US edges to China trade deal
COPPER prices climbed towards record territory as the US and China moved closer to a comprehensive trade agreement, alleviating concerns about global economic stability.…
Angola to inaugurate first major copper mine
ANGOLA will shortly commence production at its inaugural large-scale copper mine as the oil-dependent nation seeks to diversify into clean energy minerals, said Reuters on…
Friedland warns tensions escalating copper shortage
BILLIONAIRE mining entrepreneur Robert Friedland has warned that deteriorating international relations are disrupting global supply chains with serious implications for the…
Copper soars after Indonesian mine tragedy
COPPER prices have surged above $10,300 per ton on the London Metal Exchange following Freeport-McMoRan’s declaration of force majeure at its Grasberg mine in Indonesia, said…
Lobito Corridor is huge step thanks to US, China
OUTSIDE South Africa, billions of dollars are being invested in upgrading and expanding rail networks to facilitate transport of minerals such as copper, cobalt, tantalum and…
Ivanhoe seeks more sovereign wealth fund investment
IVANHOE Mines is in constant dialogue with sovereign wealth funds for potential investments to support expanded copper and critical minerals production, co-chairman Robert…
Qatar invests $500m in Canadian miner Ivanhoe
QATAR’S sovereign wealth fund has taken a $500m stake in Canada’s Ivanhoe Mines, highlighting Gulf states’ push to diversify from oil revenues into critical minerals essential…
Bristow says copper market intact despite tariff shock
BARRICK Mining Corp. was confident of copper’s long-term prospects despite market turbulence from new US trade barriers, said Reuters citing the miner’s CEO Mark Bristow. The…
Mining tycoon backs Trump’s copper tariff plan
ROBERT Friedland, the billionaire founder of Ivanhoe Mines, has thrown his support behind US President Donald Trump’s controversial 50% tariff on copper imports, arguing they…
Copper market in extraordinary trading conditions
LONDON copper prices have surged to near yearly highs as the metal enters backwardation, creating unprecedented market volatility driven by a scramble for dwindling supplies…
Ivanhoe to overhaul mining at Congo’s Kakula mine
FUTURE mining operations at the Kakula copper mine in the Democratic Republic of Congo would be drastically modified following seismic activity in May which affected the eastern…
Kamoa-Kakula reopening timeline unclear after flooding
MORE than a week after seismic activity triggered flooding at the Kamoa-Kakula copper mine in the Democratic Republic of Congo, uncertainty continues over when operations will…
Ivanhoe shares fall as pulls Kamoa production guidance
IVANHOE Mines experienced its worst trading day in over a decade after it withdrew production guidance at its Congo copper mine Kamoa-Kakula, said Bloomberg News. Ivanhoe Mines…
Warfare reshaping critical minerals demand, says Friedland
MILITARY conflicts and surging defense budgets are dramatically altering metals demand globally, with western nations unprepared for critical shortages, said Ivanhoe Mines…
Big year for Ivanhoe as prepares to open SA platinum mine
MARNA Cloete is accustomed to the doubters. When Ivanhoe Mines, of which she is president (“CEO in South African terms,” she explains), was first searching for copper in the…