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Squeezed mining companies face growth dilemma
Reuters via Yahoo Finance· 1 year agoHigh costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to...
Bill Gates and Jeff Bezos made a bet on mining start-up KoBold—now they’ve struck gold
Fortune via Yahoo Finance· 3 months agoAfter a year of mining in Zambia AI-backed mining unicorn KoBold has struck metaphorical gold—or in...
Western miners lag as oil powers enter race for Africa's critical metals
Reuters via Yahoo Finance· 3 months agoRisk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of...
How the Gulf Is Reshaping Africa
Time via Yahoo Finance· 5 days agoKhalid bin Saleh Al Mudaifer, Saudi Arabia's deputy minister for mining, speaks on the opening day of the Investing in African Mining Indaba in Cape...
Is Chinese-controlled copper and cobalt mining joint venture being turned into a political pawn in...
South China Morning Post via Yahoo Finance· 1 year agoPolitics could be at play in the latest falling-out between the Democratic Republic of the Congo and...
Palladium price drops below platinum for the first time since 2018
Reuters via Yahoo Finance· 3 months agoSpot palladium prices fell below those of sister metal platinum for the first time since April 2018...
Zambia's mining minister expects Mopani Copper Mines deal by end-March
Reuters via Yahoo Finance· 1 year agoMopani Copper Mines will secure a new investor by the end of this quarter, Zambia's mines minister Paul Kabuswe said on Monday, calling the complex owned by state mining investment firm ZCCM-IH ...
Zambia set to negotiate bigger stakes in new mining projects
Reuters via Yahoo Finance· 3 months agoZambia is keen to negotiate larger holdings in new mining projects in order to raise its revenue and boost spending by investors on social projects, mines minister Paul Kabuswe said. The push ...
UPDATE 1-Anglo American explores for copper, cobalt in Zambia
Reuters via Yahoo Finance· 3 months agoAnglo American is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, its Chief Executive Officer Duncan Wanblad said on Monday. "Zambia's mining sector ...
UPDATE 1-South African rand weakens as U.S. dollar extends gains
Reuters via Yahoo Finance· 1 year agoSouth Africa's rand weakened on Monday, as the U.S. dollar jumped on expectations that the U.S. Federal Reserve might pursue its inflation-fighting interest rate hikes for longer. The markets ...