Mining

LONDON, June 8 – Sumitomo Corporation provided financing to the buyers of its 54% stake in Madagascar’s Ambatovy nickel operation, helping facilitate …

GABORONE, June 5 – Botswana is holding discussions with investors from the United Arab Emirates and Oman as it seeks to acquire …

HARARE, June 5 – Chinese mining and battery materials company Zhejiang Huayou Cobalt is planning to develop a lithium carbonate processing plant …

MAPUTO, June 4 – Mozambique has enacted sweeping reforms to its mining sector, introducing mandatory state participation in all mining ventures and …

LUSAKA, June 4 – A subsidiary of Vedanta Resources is pursuing a public listing in the United States as the mining group …

LUSAKA, June 3 – Zambia has extended the suspension of its 10% export duty on copper concentrates until September 30, providing relief …

JOHANNESBERG, June 1 – Diamond producer Petra Diamonds has announced plans to reduce its workforce and place its Finsch mine in South …

LUSAKA, May 27 – Zambia’s state-operated mining investment company, ZCCM Investments Holdings has agreed to sell a controlling stake in Ndola Lime to …

KINSHASA, May 26 – Jinchuan Group International Resources said an independent investigation found that nearly $145 million was misused at its copper …

ACCRA, May 26 – Ghana’s government says it is committed to renewing the mining lease for Gold Fields’ Tarkwa gold mine, but …