Base Metals Top Stories

Northam Platinum and South Africa’s NUM union sign 3-year wage deal

South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members.

Reuters | October 2, 2018 | 10:57 am

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest…

Cecilia Jamasmie | October 2, 2018 | 10:00 am

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that…

Bloomberg News | October 2, 2018 | 10:00 am

South Africa’s latest mining charter: what’s new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment…

Bloomberg News | October 2, 2018 | 9:46 am

Peru’s mining investment boom leaves political woes behind

Peru has the potential to overtake Chile to become the…

Bloomberg News | October 2, 2018 | 6:20 am

Graphic: Tin shackled by surplus, but green industry demand poised to mop up supplies

Tin prices have dropped 20% to around $26,500 a metric ton, since hitting a six-month high at $32,680 in January last year.

Reuters | January 24, 2024 | 8:30 am

Column: Funds sell copper as weak demand trumps supply pressures

Funds are adopting an increasingly bearish stance in the copper market, preferring to focus on a globally weak demand picture rather than signs of supply-chain stress.

Reuters | January 24, 2024 | 8:22 am

New Caledonia’s Prony Resources faces cash crunch on nickel slump

Companies in other high-cost nickel-producing regions have announced restructurings and writedowns as prices have dropped.

Reuters | January 24, 2024 | 8:15 am

Freeport-McMoRan’s profit beats estimates on strong copper production

On an adjusted basis, the company earned 27 cents per share for the three months ended Dec. 31.

Reuters | January 24, 2024 | 8:11 am

Codelco places $2bn in bonds as miner aims to boost copper output

Codelco's production has slumped to its lowest level in 25 years due to operational problems and delays in its expansion projects.

Reuters | January 23, 2024 | 4:45 pm

Aluminum price jumps after report EU may sanction Russian metal

Prices rose as much as 3.6% on the London Metal Exchange.

Bloomberg News | January 23, 2024 | 3:14 pm

Rio Tinto taps Australia’s largest solar farm to power aluminum assets

Once developed and approved, the Upper Calliope solar farm will have the potential to cut down Rio's operating carbon emissions by 1.8 million tonnes per year.

Reuters | January 23, 2024 | 2:55 pm