Copper

Aterian Leaps into the Future with AI-Powered Copper Hunt

London-listed base metals miner Aterian is set to dramatically accelerate its exploration efforts after signing a binding heads of terms for a strategic earn-in joint venture (JV) with French exploration company Lithosquare. This transformative partnership focuses on eight high-potential copper-prospective projects covering 2,898  km across Aterian’s portfolio in the Kalahari …

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Copper Aspirant Oscillate Rebrands as Serval Resources Ahead of AIM Move

London, UK – Oscillate PLC has unveiled a new corporate identity, Serval Resources, reflecting a strategic pivot toward copper and “future metals” critical to the energy transition and the digital economy. The listed entity on the Aquis exchange will operate under the Serval brand name and plans to officially adopt …

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Oscillate Boosts Copper Portfolio with Namibia Expansion

Revised acquisition terms will see Kalahari Copper Limited’s Namibian assets included in a deal first announced in July, broadening the scope of Oscillate PLC’s purchase beyond Botswana. Under the new non-binding Heads of Terms, Oscillate is set to acquire both the Botswanan and Namibian portfolios, significantly expanding its presence across …

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Copper Surge Eclipses Diamond Downturn, Propelling Botswana’s Export Fortunes

In a dramatic shift of fortunes, Botswana’s copper exports have surged past the P10 billion mark for the first time in history, providing a significant economic buffer amidst a slump in the diamond sector. Buoyed by robust production from new mines and soaring global prices for the red metal, copper …

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BHP Stakes $25m on Botswana Copper Hunt

Gaborone, Botswana: Global mining giant BHP has made a significant move in Botswana’s burgeoning copper sector, inking a $25m (A$39.6m) earn-in agreement with Cobre Limited to explore the promising Kitlanya East and Kitlanya West copper-silver projects. This investment marks a major vote of confidence in the Kalahari Copper Belt’s potential …

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Altona Makes a Move for Botswana Copper and Silver

Eyes on Kalahari Copper Belt: Altona Rare Earths clinches option deal for Sesana project London-listed Altona Rare Earths has secured a foothold in the coveted Kalahari Copper Belt (KCB) after inking a binding option agreement with Ignate African Mining. The deal grants Altona the exclusive right to acquire up to …

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Exxaro Undeterred in Copper Pursuit Despite Botswana Loss

South African mining giant Exxaro Resources remains committed to its diversification strategy, actively seeking copper and manganese acquisitions, according to Chief Executive Nombasa Tsengwa. This comes after Exxaro was outbid by China’s MMG for the Khoemacau copper mine in Botswana for a hefty $1.9 billion. Tsengwa emphasized Exxaro’s measured approach, …

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Global Copper Market on the brink, says analysts

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …

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Jiangxi Copper debut in the most valuable mining brand rankings

Glencore is now the world’s most valuable mining brand from its runner-up position in 2022, having swapped places with BHP, according to Brand Finance’s Mining, Metals & Minerals 50 2023 report which ranks the world’s top 50 most valuable and strongest brands in the mining industry. In terms of brand …

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