ACHEMA MIDDLE EAST

Market Reports

OceanaGold

Born and bred in New Zealand, OceanaGold was originally founded in 1989 as Macraes Mining. Starting from a single mine, the mining company has developed into a significant multinational gold producer with a dynamic portfolio of operating, development,...

Slow growth, production cuts, divestment expected for Europe mining sector

Europe's mineral production growth will slow as low mineral prices drive further consolidation, production cuts and divestments among metals producers, according to BMI Research’s latest report. The analysts see five key themes resources companies in Europe will have...

Glencore to invest $1.1bn to develop Mopani mine shafts in Zambia

Switzerland-based Glencore reportedly plans to make an investment of more than $1.1bn in Zambia between 2016 and 2018. The latest investment aims to develop Mopani Copper Mines' three copper mine shafts, including Synclinorium, Mindola and Mufulira, to extend...

Aluminum: In Search of an Asian Trading Hub, Middle East

China’s objective is to have greater influence on global metals prices...as such, this might be a conducive time for China to participate in the global aluminum derivatives market. Base Metals Prices SlideCopper prices have been on a downtrend...

Happy day for miners: shares up by levels not seen since 2008

Happy day for miners: shares up by levels not seen since 2008Mining stocks were soaring Thursday following a disappointing report on US services sector growth released Wednesday and comments from a top Federal Reserve official suggesting concern over...

Congo’s State Copper Miner Set for Lowest Output Since 2004

The Democratic Republic of Congo’s state-owned copper miner is on track to deliver its lowest output since 2004, the year after Africa’s biggest war ended.A shortage of power low-grade ore and equipment breakdowns hurt output.     In...

First Quantum Minerals Ltd. in friction with the government over tax changes when setting up Copper Mine in Zambia

First Quantum Minerals Ltd. (FM) is starting up a Zambian copper mine to feed an $850 million smelter the Canadian producer began operating last weekend amid friction between the mining industry and government over tax changes. Kansanshi...

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