Vedanta agrees to suspend lawsuits over Zambia copper mines
Mining News Pro - Billionaire Anil Agarwal’s Vedanta Resources Ltd. confirmed it has agreed to suspend legal action to reclaim copper mines Zambia seized three years ago, pending talks to settle the dispute.
-
-
Visit: 474
First Quantum shelves stake sale for Zambia copper mines
Mining News Pro - Canadian copper miner First Quantum Minerals has shelved plans to sell a stake in its Zambian copper mines, COO Tristan Pascall said on Wednesday.
-
-
Visit: 638
Glencore to shut Zambia copper mines
Mining News Pro - Miner and commodities trader Glencore (LON:GLEN) has declared force majeure at its Mopani Copper Mines unit (MCM) in Zambia and plans to suspend operations in the country for three months, mines minister Richard Musukwa said on Tuesday.
-
-
Visit: 559
Barrick mulls selling Zambia copper mine over higher taxes
Mining News Pro - Gold giant Barrick said Monday that while it continues to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for its Lumwana copper mine, it would consider selling the operation given the “challenging conditions” it’s facing.
-
-
Visit: 664
Chinese firm launches $832m Zambia copper mine
Mining News Pro - LUSAKA – NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), on Wednesday launched output at a new $832-million Zambian copper mine, extending the firm`s lifespan by over 20 years.
-
-
Visit: 1471