What resource nationalism means for Africa’s miners
Governments across Africa are seeking to assert greater control over their mineral wealth by rewriting mining codes, demanding larger equity stakes or greater local…
Bokoni Platinum reboot could knock ARM’s cash flow
AFRICAN Rainbow Minerals (ARM) has a colourful track record picking capital projects. It sold its 40% stake in Zambia’s 70-year-old Lubambe copper mine (formerly Konkola North)…
Zambia extends copper concentrate export duty waiver
ZAMBIA has extended a suspension of its 10% copper concentrate export duty to 30 September, giving miners more time to clear stockpiles of unprocessed material while major…
UAE firm attempts to gatecrash Lubambe Copper sale
A UNIT of International Holding Company, Abu Dhabi’s most valuable company, is interested in acquiring Zambia’s Lubambe Copper Mine, an asset that China’s JCHX Mining has already…
ARM’s public musings may be a prelude to the biggest shakeup of its 18-year history
IMPORTANT changes may be afoot at African Rainbow Minerals (ARM) which appears to be weighing up existential questions over structure and strategy. Typically, investment…
ARM singles out vanadium as long term battery metal investment target
AFRICAN Rainbow Minerals (ARM) intended to broaden its commodity reach into more battery metals such as vanadium, said the group’s CEO, Mike Schmidt. “I think it will be a…