Base Metals Top Stories

Freeport profit misses expectations as copper prices drop

Freeport posted fourth-quarter net income of $140 million, or 9 cents per share, compared to $1.04 billion, or 70 cents per share.

Reuters | January 24, 2019 | 3:00 pm

Imperial 2018 output up, despite Mount Polley decision

For the full year, the company produced 75.3 million lb.…

Canadian Mining Journal Staff | January 24, 2019 | 2:29 pm

FLSmidth to expand Hindalco’s alumina refinery in Odisha, India

The contract was finalised at a recent meeting of Hindalco’s…

FLSmidth | January 24, 2019 | 1:52 pm

Indonesia releases new rules on export revenue repatriation

"It feels like the penalties are not balanced" - Hendra…

Reuters | January 24, 2019 | 10:36 am

Global aluminium production growth brakes sharply in 2018

China's aluminium production, to quote Wood Mackenzie, "is not going…

Bloomberg Opinion | January 24, 2019 | 10:13 am

Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals

Apple has said in the past that it does not directly buy, procure or source primary minerals, and it has been auditing its suppliers for several years.

Staff Writer | May 22, 2024 | 11:00 am

At least two companies seek Norway seabed mining permits

The government aims to issue first licenses in 2025, but companies will require separate approvals to start production.

Reuters | May 22, 2024 | 8:13 am

Copper frenzy draws mining giants to Argentina after Milei’s reforms

Argentina could be a major supplier by 2035.

Bloomberg News | May 22, 2024 | 7:55 am

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

Cecilia Jamasmie | May 22, 2024 | 7:03 am

BHP, Kingsrose to jointly explore Norway and Finland

Kingsrose has numerous early-stage nickel-copper exploration targets and has secured exploration licences across the two Nordic nations.

Staff Writer | May 22, 2024 | 5:46 am

Six new large mines need to come online annually by 2050 to meet global copper demand – study

To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online.

Staff Writer | May 22, 2024 | 5:25 am

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

Cecilia Jamasmie | May 22, 2024 | 3:33 am

Peru’s 2024 copper target is realistic, mining magnates say

The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production.

Reuters | May 21, 2024 | 2:40 pm

Hudbay Minerals to raise $300 million in bought deal equity offering

The offering will help fund near-term growth initiatives at its Copper Mountain unit.

Reuters | May 21, 2024 | 2:35 pm

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