Electrification of the global economy has created fresh demand for the ‘red metal’, pushing the price of copper to a 10-year high
Trade union Amcu confirms that five mineworkers have died and a sixth is still trapped underground after a fire broke out at a Palabora mine
Zambia’s high court is to decide on issuing a licence for a copper mine in a game reserve bordering Zimbabwe’s Mana Pools world heritage site.
But the strategy to boost industry has a major stumbling block: readily available power.
Barrick Gold said on Monday it will take over Australian copper miner Equinox Minerals for more than C$7-billion, topping Minmetals’ offer by 16%.
Vale, the world’s largest iron ore producer, bid $1,1-billion for Metorex to tap into its copper and cobalt operations and drive growth via Africa.
With a pickaxe, clunky safety boots and the jeans, Isabel Galleguillos has become Chile’s first woman with her own open-pit mine.
Zambian president announces plans to nationalise foreign-owned copper mines that have closed down because of the global recession.