Copper 360 announces restructure to focus on Rietberg mine
COPPER 360 is to cut jobs at its Northern Cape province operations as part of a “repositioning” aimed at putting the company on course for profits. Operations would cease at…
Jan Nelson, founder of Copper 360, passes away
COPPER 360, the JSE-listed mining and development company, confirmed on Tuesday that its founding CEO Jan Nelson passed away after a battle with cancer. “His courage, integrity,…
Copper 360 in new turmoil after CEO takes “leave of absence”
COPPER 360, the Northern Cape miner, said on Friday it had appointed a “transitional” CEO after Graham Briggs – in the job for eight months – had taken a “leave of absence”.…
Bristow & Froneman: the last of the modern-day Randlords
CHIEF executive turnover is increasing in the world’s mining sector. It rose to 15.1% in 2023 from 14% a year earlier, according to a report by Canada’s Bedford Group. Despite…
Gains not enough to save Bristow, Barrick’s domineering CEO
IN a rare public criticism of Mark Bristow, Barrick chairman John Thornton said at the London Indaba conference last year that the company had been too reticent in merger and…
Copper 360 founding CEO resigns from board
COPPER 360 announced on Wednesday its chairman and founding CEO Jan Nelson had resigned from the board effective September 9. The company thanked him for his “energy, service and…
Copper 360’s ‘make or break’ year turns to ‘break’
This time last year Miningmx commented that 2025 would be a ‘make or break’ year for Northern Cape junior miner Copper 360 and, unfortunately, it has turned out to be ‘break’.…
Former Harmony campaigner is Copper 360’s last chance
THE scale of former Harmony Gold CEO Graham Briggs’s job at Copper 360 will become apparent when the junior miner publishes its year-end numbers (to February 28). A trading…
Copper 360 hires former Harmony CEO as seeks scale
COPPER 360 has drafted in gold industry veteran and former Minerals Council vice-president Graham Briggs as its new CEO following a period of leadership turnover. In October last…
Copper 360 rejigs debt as benefits from producer status
NORTHERN Cape junior copper producer Copper 360 has restructured R276.6m of short-term debt into long-term debt cutting the interest rate it is paying by more than 50%. According…
Copper 360 starts development of Rietberg mine
COPPER 360 on Wednesday said it had started development of its Rietberg underground mine in the Northern Cape with the first on-ore blast taking place on January 31. Newly…
Copper 360 mulls entering renewable power distribution
COPPER 360 has signed a deal to acquire 55MW of wind power for R60m which it said on Wednesday could form the business of a renewable distribution business. The Northern Cape…
Copper 360 founder prepares to relinquish control
LETTING go is hard to do for entrepreneurs, as Shirley Hayes is finding out. Hayes, the founder of SHiP (Shirley Hayes IPK Pty), is the 53.2% owner of Copper 360, a mining…
SA copper developers define 2.5Mt in metal output
MINERAL exploration in the Northern Cape over the past five years suggests the once-thriving copper district could recapture some of its former glory. In a world faced with a…
“Inflection point” for Copper 360 as starts underground mining
COPPER 360 says it’s at an inflection point where high-margin copper concentrate production will shortly overtake its low-margin copper plate business, thanks to the start-up of…
Copper mined in Northern Cape after 40 year hiatus
COPPER 360 said on Monday it had started underground mining from Rietberg, a copper mine in the Northern Cape – a development that represents first primary production from the…
Smart money on juniors now cadastre paves way
COPPER 360 has shown what’s possible in South Africa’s junior mining sector. Since the miner cropped up in 2020 as Cape Copper Oxide Co, Jan Nelson has established an operational…
Copper 360 anticipates dividend despite missed targets
IT’S hard to fault Jan Nelson for optimism. Copper 360’s CEO says he aims to declare a maiden dividend in February. That would represent a major turnaround for the company, which…
Copper 360 facing ‘make-or-break’ as output disappoints
THE current year to end-February 2025 will be make or break for junior miner Copper 360 which has reported poor financial and production performances in its first set of results…
Copper 360 to start underground mining at Rietberg early
COPPER 360 has taken delivery of underground mining equipment for its Rietberg Mine development in South Africa’s Northern Cape. The equipment, financed in installments with…