Base Metals Top Stories

World’s biggest miners want more copper but nobody’s selling

Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing to entertain an offer from Rio for their holdings in the giant Collahuasi deposit in Chile.

Bloomberg News | July 17, 2018 | 7:09 am

LME to launch monthly ‘implied pricing’ for base metals

Starting on July 30, the LME will start providing a set…

Cecilia Jamasmie | July 17, 2018 | 5:25 am

South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand

The world's no. 1 platinum producer has spun off an…

Reuters | July 17, 2018 | 4:30 am

Nevsun passes on Lundin’s $1.4 billion fresh takeover bid

The base metals producer said that, while it has not…

Cecilia Jamasmie | July 17, 2018 | 3:48 am

S. Africa unions decry fatalities as six die at copper mine

South Africa’s mining industry is heading for the deadliest year…

Bloomberg News | July 16, 2018 | 11:45 am

Latest Stories

US will extend EU metals tariff exemption if needed

The US suspended import tariffs of 25% on EU steel and 10% on EU aluminum for two years from January 2022.

Reuters | October 25, 2023 | 9:06 am

Nornickel starts sulphur dioxide capture in Russia’s most polluted city

The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk.

Reuters | October 25, 2023 | 7:41 am

SolGold advances plan to sell flagship Ecuador copper project

The miner said there are "several" parties eyeing the Cascabel copper-gold project, and that at least five suitors have completed site visits.

Cecilia Jamasmie | October 25, 2023 | 3:44 am

British Columbia court fines former mining exec $22,000 for environmental violations

A court ruling in July found that former CEO Benjamin Mossman was “actively or passively involved” in the Yellow Giant mine exceeding permitted amounts of zinc on multiple occasions.

Staff Writer | October 24, 2023 | 3:03 pm

Grupo Mexico posts boost in Q3 profit amid strong sales

Revenue for the major global copper producer during the July-to-September period rose 17%.

Reuters | October 24, 2023 | 2:30 pm

Teck to re-do environmental permit for Quebrada Blanca expansion in Chile

Once submitted, the revised application will tack on around 12 months to the overall regulatory process.

Reuters | October 24, 2023 | 12:24 pm

Cochilco says large-scale copper mining costs keep growing

The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.

Reuters | October 24, 2023 | 11:25 am

Teck stock drops to seven-month low on rising cost of flagship copper mine

The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.

Bloomberg News | October 24, 2023 | 10:31 am

Anglo American lowers 2023 copper production guidance

Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000.

Reuters | October 24, 2023 | 9:46 am

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