Mercuria, Glencore renew deal for Congo’s share of Tenke copper

Mercuria, Glencore renew deal for Congo’s share of Tenke copper

Mercuria Energy Group Ltd. and Glencore Plc renewed a deal to buy copper from the Democratic Republic of Congo’s state miner, responding to a push by the company to sell its share of output from joint ventures independently.
ERG mulls selling Mozambican assets, reviewing Congo permits

ERG mulls selling Mozambican assets, reviewing Congo permits

Kazakhstan-backed Eurasian Resources Group plans to review some of its mining permits in the Democratic Republic of Congo and is considering selling assets in Mozambique as part of a revamp, the chief executive officer of its Africa unit said.
Zinc’s high premium to sister metal lead may not last

Zinc’s high premium to sister metal lead may not last

Lead and zinc may be geological sister metals but their market fortunes have been very different in recent months.
Korea Zinc shares fall as rival faction secures court injunction

Korea Zinc shares fall as rival faction secures court injunction

Korea Zinc Co. shares dropped on Tuesday after a Seoul court accepted an injunction filed by MBK Partners Ltd., which improves the chances of the private equity consortium to gain control of the company.
American Pacific boosts copper resource at Palmer project in Alaska

American Pacific boosts copper resource at Palmer project in Alaska

American Pacific Mining has updated the mineral resource estimate (MRE) for its 100%-owned Palmer volcanogenic massive sulphide project located in southeast Alaska, showing a sizeable increase in contained copper over the previous estimate from June 2019.
Congo courts Saudi mining investors to help curb China dominance

Congo courts Saudi mining investors to help curb China dominance

The Democratic Republic of Congo, the world’s top cobalt supplier, is courting new mining investors from Saudi Arabia to help it diversify and curb overreliance on companies from China, Marcellin Paluku, a senior government official, told Reuters.
Korea Zinc in talks with US buyers to supply antimony

Korea Zinc in talks with US buyers to supply antimony

Korea Zinc chairman Yun B. Choi said on Thursday that it is in preliminary talks with some US entities to supply antimony, after China’s export ban to the US disrupted the market for the mineral used in semiconductors.
Zinc’s wild week may signal volatile era as supplies squeezed

Zinc’s wild week may signal volatile era as supplies squeezed

Zinc could see more sharp price swings as growing tightness along the metal’s supply chain leaves buyers exposed to sudden changes in availability.
Trafigura rattles zinc market with huge order for LME metal

Trafigura rattles zinc market with huge order for LME metal

Trafigura Group has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices, according to people familiar with the matter.
Zinc price rises as orders to withdraw metal from LME warehouses surge

Zinc price rises as orders to withdraw metal from LME warehouses surge

Zinc extended gains into a third session as orders to withdraw stockpiles from London Metal Exchange warehouses hit the highest in more than seven years.