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Zinc: Gecamines signs agreement to develop Kipushi mine
Ivanhoe Mines has signed an agreement with state-owned mining company Gecamines of the Democratic Republic of Congo to bring the Kipushi zinc mine back into commercial production. Kipushi will have an average grade of 36.4% zinc in the first five years of production....
Aluminum and nickel: prices at previous highs due to Russia factor
Aluminum and nickel prices headed toward multi-year highs Monday due to growing fears that reduced supplies from Russia could exacerbate existing shortages of both industrial metals. A Russian invasion of Ukraine could mean sanctions against Russian companies that...
Copper: metal gets Zambian fiscal boost
Zambia is looking to position itself as Africa's top copper producer over the next decade, reclaiming a position it lost to the Democratic Republic of Congo (DRC) in 2014. The government of President Hakainde Hichilema, who came to power in August, hopes to increase...
Aluminum: Hydro will cut aluminum production in Slovakia due to energy costs
After the Aluminium Dunkirk Industries France (read the article here) also Norsk Hydro's majority-owned aluminum plant in Slovakia will cut its production to about 60 percent of capacity in response to high electricity costs. A surge in energy and natural gas costs...