Base Metals Top Stories

Trafigura-backed Finnish miner Terrafame to build EV battery plant

"Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021," Joni Lukkaroinen, CEO of Terrafame

Reuters | October 26, 2018 | 12:23 pm

Azimut, SOQUEM make major discovery at Munischiwan

Gold-copper-silver mineralization discovered at Azimut’s Munischiwan property in the James…

Canadian Mining Journal Staff | October 26, 2018 | 11:33 am

Mining tech firm Outotec warns on project problems, shares plunge

Malfunctioning furnaces tank Outotec's shares.

Reuters | October 26, 2018 | 10:52 am

Namibia scraps black ownership rules for mining exploration licences

Rules threaten the diamond and uranium producer's ability to attract…

Reuters | October 26, 2018 | 10:26 am

Glencore posts rise in copper, cobalt output on Katanga restart

Glencore's copper production rose to 1,063,100 tonnes from the start…

Reuters | October 26, 2018 | 9:29 am

British Columbia halts proposed Land Act amendments

Over 650 stakeholders, representing tens of thousands in the province, discussed the proposed amendments.

Amanda Stutt | February 21, 2024 | 3:20 pm

IGO profit slumps on impairment charge, weak prices

IGO's net profit attributable for the half year ended Dec. 31 came in at A$288.3 million.

Reuters | February 21, 2024 | 2:37 pm

Eramet in talks with France to offload debt from SLN nickel unit

Eramet, which has refused to inject more funds into SLN, aims to reach a deal in the coming weeks to remove some 320 million euros of debt.

Reuters | February 21, 2024 | 10:07 am

Aluminum price surges as White House plans fresh sanctions on Russia

President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday.

Bloomberg News | February 21, 2024 | 8:22 am

Rio Tinto reports 12% profit drop but returns more cash to investors

The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation.

Reuters | February 21, 2024 | 7:50 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles

Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.

Cecilia Jamasmie | February 21, 2024 | 3:47 am

Anglo Asian releases initial resource estimate for Xarxar copper deposit

A majority of the MRE is in the measured and indicated category, totalling 22 million tonnes at 0.48% copper for 106,000 tonnes.

Staff Writer | February 20, 2024 | 11:00 am

China’s tin supply for food cans and chips steadily tightens

Myanmar's Wa state has placed a tax in kind of 30% on all tin concentrate exports.

Bloomberg News | February 20, 2024 | 10:22 am

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