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…
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.…
Traders anxious as copper market shows vulnerability
COPPER traders gathered in London for the annual LME Week are growing increasingly nervous about the market’s fragility, despite prices hovering near record levels, said…
Ivanhoe achieves record zinc output from Congo mines
IVANHOE Mines reported record quarterly zinc production and robust copper output from its Democratic Republic of Congo operations, maintaining momentum despite earlier…
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…
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…
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…
Ivanhoe cuts copper output guidance after seismic disruption
IVANHOE Mines has slashed its annual copper production guidance to between 370,000 and 420,000 tons after seismic activity forced the closure of part of its Kakula mine in the…
Ivanhoe to reopen sections of Congo’s Kamoa-Kakula
IVANHOE Mines shares surged on Monday after the Canadian mining company announced progress towards reopening sections of its major copper operation in the Democratic Republic of…
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…
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…
Friedland to list African iron ore firm in Australia
ROBERT Friedland, the renowned mining entrepreneur, is considering listing its African iron ore company Ivanhoe Atlantic on the Australian Securities Exchange. Citing the…
Can the West break China’s chokehold over critical minerals?
A COALITION of 14 nations and the European Commission last month unveiled the Minerals Security Partnership (MSP), a financing network aimed at breaking China’s chokehold on…
Friedland forges on with reopening of century-old Congo mine
MINING entrepreneur Robert Friedland’s tour de force in developing mining projects in the Democratic Republic of Congo (DRC) reached a new milestone this week with the restart of…
Ivanhoe signs 250kt/y copper rail deal for Lobito Atlantic corridor
IVANHOE Mines, which is developing the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), has agreed to rail up to 250,000 tons of copper annually to the…
Ivanhoe issues rebuke of reports alleging corporate malfeasance in Congo
IVANHOE Mining has dismissed allegations by a US investigative organisation ‘The Sentry’ which said the Canadian firm commited corporate malfeasance in its Congo operations. The…
Master Drilling recaptures feel good factor but Pretorius remains cagey on prospects
BUSINESS continued to boom for Master Drilling in the six months to end-June with headline earnings up 55.5%, but CEO Danie Pretorius remains as cagey as ever over medium and…
Zambia’s long-neglected copper riches are turning heads again
MAJOR mining companies are getting increasingly involved in the Central African Copper Belt, expanding existing operations and exploring for new discoveries as the positive…
Renergen says local asset managers are “50% of problem” in SA resources crisis
RENERGEN CEO Stefano Marani launched a stinging attack on South African asset managers at the Junior Indaba being held in Johannesburg accusing them of being 50% of the problem…