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Rio Tinto says it has rejected potential merger with Glencore

Rio Tinto says it has rejected potential merger with Glencore

Multinational mining groups Rio Tinto and Glencore on Tuesday confirmed that they had held discussions regarding a possible tie-up, but said that the board of Rio Tinto had rejected a merger with its smaller rival. Both companies confirmed in separate ...

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Mopani Copper Mines makes headway in finalisation of US$323 million Synclinorium Shaft

Mopani Copper Mines makes headway in finalisation of US$323 million Synclinorium Shaft

Mopani Copper Mines Plc, a unit of global commodity trader and Switzerland based Glencore Xstrata has in earnest stepped up efforts to complete the much awaited US$323 million Synclinorium Shaft at the Company’s Nkana mine in Kitwe to elongate the ...

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South African Concargo makes “headways” into Africa

South African Concargo makes “headways” into Africa

Economic globalisation has resulted in an increasingly high demand for mined resources such as copper, coal and other precious metals. With the increase in mining, pressure from the public over ecological issues and meeting environmental codes has become a priority. ...

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Mokambo Copper Mine in Zambia to delay commissioning?

Mokambo Copper Mine in Zambia to delay commissioning?

Speculation is mounting over the future of the much anticipated construction and commissioning of more than US$500 million Mokambo underground copper mine in Mufulira, a unit of China’s Changfa Resources Limited whose development was focused to start in August this ...

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