Base Metals Top Stories

Anti-mine stance eases in second-largest copper producer

Cajamarca could attract as much as $18.2 billion investment in new projects, according to the Mines and Energy Ministry.

Bloomberg News | December 12, 2018 | 10:48 am

Greece seeks to avert nickel producer Larco shutdown

Larco, which is 55% owned by the Greek state, owes…

Reuters | December 12, 2018 | 10:22 am

Vale buys innovator New Steel for $500m

Vale has focused on sales of better quality iron ore,…

Reuters | December 12, 2018 | 9:58 am

Australia plans deal with US on ‘critical minerals’, hopes to boost its exports

This will mean Geoscience Australia and the United States Geological…

Reuters | December 12, 2018 | 9:22 am

BHP calls off sale of Cerro Colorado copper mine as buyer backs out

The world’s No.1 miner had decided to offload Cerro Colorado…

Cecilia Jamasmie | December 12, 2018 | 7:55 am

Rinehart expands Ecuador push with stake in copper-gold project

Private company Hancock Prospecting will pay Titan Minerals as much as $120 million on drilling and exploration work.

Bloomberg News | April 18, 2024 | 1:24 am

BHP to decide on future of nickel business by August, trims met coal estimates

The world's largest listed miner said iron ore production from mines it operates in Western Australia on a 100% basis was 68.1 million tonnes during the three months ended March 31.

Reuters | April 17, 2024 | 4:18 pm

Western Copper and Gold raising $29 million for Casino project in Yukon

The company has an arrangement with Eight Capital, on behalf of a syndicate of underwriters, who have collectively agreed to purchase approximately 21.1 million common shares.

Staff Writer | April 17, 2024 | 10:44 am

Codelco to benefit from entry into lithium business, says Moody’s

On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.

Staff Writer | April 17, 2024 | 10:29 am

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

Reuters | April 17, 2024 | 9:48 am

Biden calls for tripling of tariffs on Chinese steel

The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there.

Reuters | April 17, 2024 | 8:34 am