Base Metals Top Stories

Indonesia close to acquiring Freeport’s Grasberg copper mine

Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.

Reuters | July 2, 2018 | 9:04 am

Billionaire Agarwal continues deal spree with Vedanta buyout

Vedanta "can be the second- or third-largest resource company in…

Bloomberg News | July 2, 2018 | 6:34 am

Oil and mining sector continue to grow in Peru

The mining sector showed an interannual growth of 0.16 per…

Valentina Ruiz Leotaud | July 1, 2018 | 8:19 am

Noront Resources seeks exploration partner

Noront CEO said the move is necessary as the company…

Valentina Ruiz Leotaud | July 1, 2018 | 7:49 am

Tenaris laying off Canada workers as Trump’s steel tariffs bite

Teneris will lay off 40 workers at its TenarisAlgomaTubes plant…

Reuters | July 1, 2018 | 6:37 am

Newcrest investors strongly approve $17 billion Newmont takeover

The proposed deal is the third largest ever involving an Australian company.

Reuters | October 12, 2023 | 1:19 pm

Rio Tinto builds solar power plant at Kennecott copper operation in Utah

The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year.

Staff Writer | October 12, 2023 | 12:08 pm

US steps up efforts to access Africa’s critical minerals

Last month, the US government approved $150 million of funding for a graphite project in Mozambique.

Bloomberg News | October 12, 2023 | 10:07 am

Ex-Glencore CEO contender sets out to build a Chinese trading giant

After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group.

Bloomberg News | October 12, 2023 | 10:00 am

Canada Nickel’s Crawford feasibility pegs capex at $3.5bn, mine life at 41 years

Uniquely, Crawford will be a net negative contributor to global carbon dioxide (CO2) emissions.

Staff Writer | October 12, 2023 | 9:03 am

Mixed fortunes for Russian metal at mid-point of aluminum mating season

Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024.

Reuters | October 12, 2023 | 8:37 am

BHP averts strike at Escondida mine with preliminary union deal

In late September, the union's members rejected a proposal from the company, prompting government mediation to avoid a work stoppage.

Reuters | October 12, 2023 | 6:46 am

Researchers monitor emissions from Africa’s Copperbelt mines from space

Using satellite data, researchers were able to quantify emissions from individual mines in Africa's Copperbelt.

Staff Writer | October 12, 2023 | 6:16 am

Newmont shareholders vote in favor of $16.8bn Newcrest buyout

Both the companies expect the deal to close in early November, Newmont said.

Reuters | October 11, 2023 | 3:45 pm

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