Base Metals Top Stories

Antofagasta sells electricity transmission business for $117m

Chile-focused miner said proceeds from the sale would enable it to focus on its core activity of producing copper.

Cecilia Jamasmie | July 13, 2018 | 7:00 am

BHP makes contract offer to union at Escondida mine in Chile

Labor talks at Escondida are in the final stretch before…

Reuters | July 12, 2018 | 4:03 pm

Glencore shareholders mull suing firm over corruption, bribery probes

They claim mounting investigations into the firm’s dealings in the…

Cecilia Jamasmie | July 12, 2018 | 7:10 am

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

The world’s No.2 miner is selling its 40% in the…

Cecilia Jamasmie | July 12, 2018 | 3:28 am

Barrick clips 2018 copper production outlook, sees higher costs

Canada's Barrick Gold Corp lowered its full-year copper production forecast…

Reuters | July 11, 2018 | 4:39 pm

US gives $50 million boost to critical minerals investor TechMet

The backing from the US International Development Finance Corporation brings its total investment in the Dublin-based firm to $105 million.

Bloomberg News | December 1, 2023 | 9:29 am

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.

Staff Writer | December 1, 2023 | 9:17 am

Copper price climbs to three-month high on Panama mine risk, shortfall

The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets.

Bloomberg News | December 1, 2023 | 8:40 am

Congo’s Gecamines to push for copper, cobalt trading share

Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in.

Reuters | December 1, 2023 | 8:06 am

Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines

The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said.

Reuters | December 1, 2023 | 7:44 am

Copper miners, Chinese smelters agree on first drop in fees in 3 years

Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024.

Reuters | December 1, 2023 | 7:38 am

Scientists use copper to reduce cost of cancer treatment

UCLA researchers devised an inexpensive way to produce a molecule used in anti-cancer drugs from a chemical costing just $3 per gram.

Staff Writer | December 1, 2023 | 5:54 am

First Quantum takes Panama to international court

It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.

Cecilia Jamasmie | December 1, 2023 | 3:54 am

Cobalt Blue partners with Japan’s Iwatani for refinery project

The proposed refinery, which is located near Perth, Western Australia, will see a large-scale demonstration plant for test work of third-party material.

Reuters | November 30, 2023 | 5:30 pm

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