Zambia's finance minister said on Thursday the southern African country was considering shutting down its sole refinery, the 24,000 barrels-per-day Indeni plant, and relying on fuel imports for its key copper mining industry.
A federal judge in Texas has issued final approval for Grupo Mexico's plan to regain control of a copper mining company, Asarco, ending a lengthy takeover battle with a rival suitor.
The majority of the striking 1 500 miners at Zambia's Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources Plc resumed work on Friday, allaying fears of huge output losses, the company said.
KCM spokesman Rahur Kharkar, said...
Rio Tinto Ltd and Chile's state-owned copper mining company have entered into an alliance to jointly pursue `next generation' copper mining development.
A strike over wages by workers at Zambia's Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources, continued on Thursday, halting most units at the facility, the company said.
KCM spokesman Rahur Kharkar said operations of the...
A strike over wages by workers at Konkola Copper Mines (KCM), a unit of London-listed Vendanta Resources, on Wednesday halted most units at the facility, a government official said.
Villie Lombanya, permanent secretary for the Copperbelt...
Miners at Zambia's Konkola Copper Mines (KCM), a unit of London-listed Vedanta Resources Plc, stopped work briefly on Tuesday in a protest over wages, disrupting some mining operations, KCM, Zambia's largest copper producer, said.
In 2006, the largest copper mining company in the world,
Freeport-McMoRan, ran into difficulties managing the information
concerning 1,500 people who were being voluntarily resettled away
from the Tenke Fungurume mine in the Democratic Republic of...
A bankruptcy judge said Monday he would not immediately give control of copper mining company Asarco to Grupo Mexico despite the latter's winning bid in a court auction, The Wall Street Journal reported Monday.
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