Anglo American's copper, cobalt and nickel plans run deep
The British-South African mining giant is hiring geologists and new staff to keep its 2022 exploration campaign in Angola running at full speed.
Despite the market uncertainty caused by Covid-19, the Ugandan president has opted to organise a tender call to find a buyer for the Kilembe copper mine rather than negotiate a contract with an already known buyer.
Australian mining junior Sipa Resources had planned to bring new investors into its Kitgum Pader nickel and copper project in Uganda as quickly as possible following Rio Tinto's withdrawal. Its plans have been delayed, however, by the Covid-19 pandemic.
Key to the Tanzanian government's strategy to have mining companies return to the country alongside President John Magufuli's nationalist policy (AMI 432), the bidding round for ex-retention licences (RL) confiscated from giants the likes of Barrick Gold Corp and Glencore [.
As Africa Mining Intelligence understands, the Kazakh firm Eurasian Resources Group (ERG) might sell several key assets in its Congolese portfolio to focus on Metalkol's copper tailings treatment project. ERG, formerly known as ENRC, has reportedly put its Katanga copper [.