Katanga Mining announced on Friday it has secured $635.5 million in new loan facilities from parent Glencore International to fund the expansion of its Democratic Republic of Congo copper-cobalt mine. Katanga says with the expansion the DRC complex it could become...
Shining under the blazing African sun, diamonds have an allure consummate with their high price and beauty. For Anglo American, a Fortune 500 globally diversified miner, the opportunity to get their hands on some more sparkle has proved too much to resist. Last week...
Chilean copper giant Codelco is on a collision course with Anglo American, insisting it has the right to buy up to 49 percent of the miner’s south Chilean assets even after a surprise stake sale. See...
Australia passed landmark laws last week to impose a price on carbon emissions in one of the biggest economic reforms in a decade and injecting new impetus into December’s global climate talks in South Africa. Among London-listed mining companies affected are...
Russian steelmaker Evraz has received acceptances for its proposed share swap and relocation to Britain from just over 98 percent of shareholders, allowing it to proceed with a premium London listing and potential entry to the FTSE 100. The company, part owned by the...
Ridding the world of nuclear threats? The central Asian state of Kazakhstan was among the first to ban all nuclear weapons testing on its territory. Last month the government established the world’s first international nuclear fuel bank, with the assistance of...
