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Zambia plans state firm to own 30% of critical minerals mines

NATURAL RESOURCES News September 2024 Zambia plans state firm to own 30% of critical minerals mines On 12 September, 2024 in a strategic move to enhance the country’s benefits from its critical mineral resources, Zambia has unveiled plans to establish a...

First Quantum starts up Zambia nickel mine, enters standstill deal with Jiangxi

NATURAL RESOURCES News August 2024 First Quantum starts up Zambia nickel mine, enters standstill deal with Jiangxi On 23 August, 2024 TSX listed First Quantum Minerals announced that it has achieved commercial production at its Enterprise nickel mine in Zambia,...

Saudi Arabia’s Ma’Aden Q2 Profit Plummets 91% Amid Rising Operational Costs

NATURAL RESOURCES News August 2023 Saudi Arabia’s Ma’Aden Q2 Profit Plummets 91% Amid Rising Operational Costs The state-owned Saudi Arabia Mining Company (Ma’aden) reported a 91% decline in its second-quarter net profit, amounting to $93.53 million (SR350.9...

Chaarat To Sell Its Kapan Mine To Gold Mining For $54.5 Million

NATURAL RESOURCES News August 2023 Chaarat To Sell Its Kapan Mine To Gold Mining For $54.5 Million Chaarat Gold Holdings has decided to sell its Kapan mine to Gold Mining Company for $54.5 million. The decision comes amidst escalating operational costs and...