Base Metals Top Stories

Nyrstar suspends Port Pirie lead smelter, declares force majeure

The company stopped output at Port Pirie on May 28 due to an unplanned outage at the blast furnace.

Reuters | June 6, 2019 | 9:08 am

Codelco sweetens offer to avoid strike at Chuquicamata mine

The company's latest proposal includes a slightly higher signing bonus…

Reuters | June 6, 2019 | 9:02 am

First Quantum wants to operate Cobre Panama without ‘legal uncertainties’

Cobre Panama is the largest copper mine coming to market…

Valentina Ruiz Leotaud | June 6, 2019 | 6:57 am

Copper price falls on worst global factory data since 2012

Growing trade fears combine with shrinking global manufacturing activity to…

Frik Els | June 5, 2019 | 12:49 pm

Trump’s Cuba gambit pushes Canadian miner Sherritt to the brink

Sherritt International Corp., whose executives were once known as Fidel…

Bloomberg News | June 5, 2019 | 10:05 am

Nornickel raises 2024 production guidance for all metals

The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged.

Reuters | October 28, 2024 | 4:11 am

Korea Zinc attempts to fend off takeover with $1.5 billion share buyback

Korea Zinc announced Monday it has secured a 9.85% stake in the company via a tender offer that expired last week.

Reuters | October 28, 2024 | 1:48 am

Electra Battery secures $5 million financing for cobalt refinery early works

Electra is currently looking to build a low-carbon hydrometallurgical cobalt refining complex in Temiskaming Shores, Ontario.

Staff Writer | October 27, 2024 | 7:55 am

Codelco suspends operations at copper refinery after worker’s death

The firm said it had opened an investigation into the death.

Reuters | October 25, 2024 | 1:11 pm

Sanctions delay to Russian zinc mine causes supply miscalculation

Western sanctions on Russia's zinc miner Ozernoye have left it struggling to replace equipment needed to ramp up output.

Reuters | October 25, 2024 | 10:10 am

Millennial mining heirs bet the family business on Argentine copper

As the world races to build more clean energy products, many of the key companies that control vast quantities of critical minerals are family-owned, and the Lundin boys are part of a new generation taking the reins.

Bloomberg News | October 25, 2024 | 8:51 am

Agnico Eagle takes up 13% stake in Chilean explorer ATEX Resources

The Agnico investment will support ATEX's exploration activities at the Valeriano project.

Staff Writer | October 25, 2024 | 8:37 am

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

Reuters | October 25, 2024 | 7:55 am

China will hit peak copper around 2030, industry group says

China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says.

Bloomberg News | October 25, 2024 | 7:43 am

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