Base Metals Top Stories

KME buys German copper product producer Mansfelder Kupfer

A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).

Reuters | July 10, 2018 | 11:30 am

Philippines nickel ore exports seen dropping up to 17 pct on low prices

The Philippines is the world's No.2 nickel ore supplier after…

Reuters | July 10, 2018 | 10:44 am

Tesla to open Shanghai plant with capacity of 500,000 cars a year

Chinese electric vehicle ecosystem continues to expand.

Frik Els | July 10, 2018 | 10:02 am

Antofagasta announces first mine to use 100% renewable energy

Zaldívar signed a new power plant supply agreement with Colbún…

Natalie Latuszek | July 10, 2018 | 2:20 am

2,500 job cuts weren’t enough for world’s no. 2 platinum miner

Implats isn’t the only one facing difficulties, with about half…

Bloomberg News | July 9, 2018 | 11:38 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

Australia boosts critical minerals fund by over $1 billion to attract international investors

The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials.

Staff Writer | October 24, 2023 | 9:19 am

Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms

The company expects to see annual production at the lower end of its 2023 guidance for QB2.

Reuters | October 24, 2023 | 8:28 am

Freeport Indonesia will need to slash output in 2024 if not allowed to export concentrate

Indonesia is set to stop exports of copper concentrate from May after the government delayed the implementation of a ban from June this year.

Reuters | October 24, 2023 | 8:18 am

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