First Quantum Minerals has agreed to buy Kiwara Plc in a cash and share deal worth $260 million to expand its copper mining operations in Zambia, the companies said on Monday.
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.
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