First Quantum Wants Nickel-Export Levy Waived
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.
Articles Tagged "zambia"
First Quantum Considers Investing $275M in Zambia Nickel Mine
Mining Weekly reported that Canadian mining firm, First Quantum Minerals, plans to invest $275 million in a nickel mine located in Zambia.
Albidon Suspends Operations at Munali Indefinitely
Mining Weekly reported Albidon’s (ASX:ALB) difficulties deepened on Friday, as it suspended operations at its Munali nickel mine, in Zambia.
African Eagle to Spin Out Zambian Copper Assets into Cobra Copper
Mining Weekly reports that African Eagle (LON:AFE,PINK:AFERF) will spin out its copper assets into Cobra Copper, to focus on the Dutwa nickel project.
Zambian Nickel Mine Targets 56,000 Tons of Concentrate
Bloomberg reports that the Munali Nickel Mine in Zambia plans to produce 56,000 metric tons of concentrate this year.
China’s Jinchuan Firm will own about 51% of Zambia Nickel Mine
China’s Jinchuan Group Ltd. will take a stake of about 51 percent in Zambia’s sole nickel mine Munali, which is due to resume output in September after stopping in March due to low prices, Zambia’s mines minister said. For full story, click here
Jinchuan Group will own about 51% of Zambia Nickel Mine
It is declared that China’s Jinchuan Group Limited will take a stake of about 51% in Zambia’s sole nickel mine Munali which had halted production since this Mar forced by the dipping price of nickel ore. For full story, click here
China Firm will own 51% of Zambia Nickel Mine
China’s Jinchuan Group Ltd. will take a stake of about 51 percent in Zambia’s sole nickel mine Munali, which is due to resume output in September after stopping in March due to low prices, Zambia’s mines minister said. For full story, click here
Albidon receives notice after Munali Nickel Project Closure
Albidon announced that its wholly owned subsidiary Albidon Zambia has been handed over with a notice of default from the senior lenders to the Munali nickel project. The default had arisen because the Munali nickel project had recently been placed on care and-maintenance due to low nickel prices. For full story, click here
Albidon stops Zambia’s Nickel Mine After Price Slumps
Albidon Ltd, Australian nickel producer backed by China’s Jinchuan Group Ltd., halted output at Munali, Zambia’s biggest nickel mine, after the price of the metal declined 56 percent since its July opening. For full story, click here
