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

First Quantum faces rocky road as Panama protesters dig in

Investors wiped out about $6 billion, or 48%, from the company's market value this week.

Reuters | November 1, 2023 | 3:17 pm

Taseko secures final permit for Florence copper project in Arizona

Florence has total proven and probable reserves of 290.2 million tonnes grading 0.36% copper.

Staff Writer | November 1, 2023 | 10:40 am

Poll – Copper to claw higher in 2024 despite headwinds

Copper prices have shed about 15% since touching the highest in more seven months in January.

Reuters | November 1, 2023 | 10:01 am

Nyrstar to suspend operations at two US zinc mines

The miner plans to temporarily close two zinc mines in Tennessee due to weak prices and the impact of inflation.

Reuters | November 1, 2023 | 7:27 am

First Quantum shares down 50% as Panama Congress committee OKs referendum

Bill has cleared the first hurdle to becoming a law that allows national referendum on the contract covering Cobre Panama copper mine.

Cecilia Jamasmie | November 1, 2023 | 6:11 am

‘Bubbly’ magmas may lead exploration teams toward untapped copper deposits

Magmas that experience the same process that makes fizzy drinks ‘bubbly’ may help predict whether the area where it spread is likely to be rich in copper.

Staff Writer | November 1, 2023 | 5:05 am