Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Articles Tagged "Zambia"
Manganese – The Southern African country is currently an also-ran in the global manganese market, but that could be about to change.
Cobalt – Glencore is making a bet on Zambian cobalt — will other miners move to tap the nation’s significant potential?
Nickel – Bloomberg reported that First Quantum Minerals Ltd. believes the 10% levy that the Zambia government has imposed on nickel exports will threaten its newest mine and wants it waived.
Nickel – Mining Weekly reported that Canadian mining firm, First Quantum Minerals, plans to invest $275 million in a nickel mine located in Zambia.
Uranium – Denison Mines Corp. (TSX:DML,NYSE:DNN) announced it has identified mineralization at its Mutanga uranium project in Zambia.
Copper – Reuters reported that Africa's top copper producing country, Zambia, plans to invest $120 million to update its existing key copper railway.
Copper – Though tax hikes and violent labor disputes have plagued Zambia's mining industry of late, investor interest, particularly from China, has not been deterred.
Cobalt – Reuters Africa reported that Zambia's cobalt output dropped from 4,371 tonnes in 2012 to 3,036 tonnes in the first half of 2012.
Copper – Blackthorn Resources Ltd. (ASX:BTR) announced that an updated mineral resource estimate for the Kitumba IOCG deposit at its Zambian Mumbwa project increased the deposit's amount of contained copper by 160 percent.