June 3, 2019

Vedanta seeks arbitration in Zambian copper mine dispute

Zambia’s government this month began liquidation proceedings against Vedanta’s Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax.

June 3, 2019

Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says

Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import…

June 2, 2019

Worker killed at Codelco’s El Teniente mine

The causes that prompted a rock to fall down at the Pilar Norte mine are under investigation.

June 2, 2019

Finland’s new government plans spending spree, Iltalehti reports

The new government intends to look into establishing a mining tax and analyzing the possibility of taxing capital gains from the sale of mining rights.

May 31, 2019

Production stalled at Vedanta’s Konkola Copper Mines

Vedanta is fighting Zambia's decision this month to name a provisional liquidator to run Vedanta Resources' 90,000 tonnes KCM business.

May 30, 2019

Copper market faces larger shortages, supply issues simmer

Benchmark copper prices on the London Metal Exchange, trading at around $5,850 a tonne, have tumbled nearly 9% this month.

May 30, 2019

SolGold’s shares crater on possible mining referendum in Ecuador

Investors worry a referendum on mining in Imbabura, the province in which its flagship Cascabel copper-gold project is located, could jeopardize the mine's future.

May 30, 2019

S.Africa’s Amplats settles strike at Mototolo mine

An illegal strike that led to the dismissal of over 600 employees at the Mototolo mine run by Anglo American Platinum has been resolved and the workers will be reinstated.

May 30, 2019

Chile’s Codelco Q1 copper production tumbles 18% y/y

Chilean copper giant Codelco produced 342,000 tonnes of copper from its mines in the first quarter of 2019.

May 30, 2019

Zambia says Konkola mines case a “warning” to foreign investors

Zambia says its decision to punish miner Vedanta's local operation for breaching environmental and financial regulations is a signal to other firms to follow the law.