Base Metals Top Stories

Glencore settles legal row with former partner over Congo royalties

The Swiss firm will make mining royalty payments to Dan Gertler in euros so that it doesn’t fall foul of US sanctions, which were placed on the Israeli billionaire last year.

Cecilia Jamasmie | June 15, 2018 | 2:58 am

Congo miner Gecamines plans to renegotiate with foreign partners

Heavily in debt and with dwindling output, Gecamines has long…

Reuters | June 14, 2018 | 11:51 am

Congo plans to start $13.9 bn hydropower project this year

The plant would form part of a larger Grand Inga…

Bloomberg News | June 14, 2018 | 11:33 am

Vedanta mulls options for Indian iron ore workers after shutdown-sources

Vedanta is considering options including lay-offs for some of the…

Reuters | June 14, 2018 | 11:14 am

Japan’s Sumitomo Metal says global nickel deficit to widen this year

Global demand for nickel is increasing by 7.3 percent in…

Reuters | June 14, 2018 | 10:50 am

Sprott backs Seabridge Gold with $150 million KSM smelter royalty

The KSM project is the world’s largest undeveloped gold-copper project, when measured by resources.

Staff Writer | May 11, 2023 | 6:52 am

Chile’s mining royalty bill heads for final vote

The long-awaited and several times amended mining royalty bill is back at the lower chamber with a vote expected next week.

Cecilia Jamasmie | May 11, 2023 | 3:44 am

Indonesia became second largest cobalt producer in 2022 – Cobalt Institute

The country accounted for almost 5% of global production of the battery material in 2022.

Reuters | May 10, 2023 | 9:27 am

Column: Copper’s anticipated supply surplus is proving elusive

Copper usage appears to be growing faster than previously forecasted, while mine supply is yet again failing to live up to expectations.

Reuters | May 10, 2023 | 8:36 am

Share of Russian aluminum in LME warehouses falls slightly

Overall aluminum stocks are up 27% so far this year.

Reuters | May 10, 2023 | 7:56 am

Africa needs $700 billion of finance for green energy and metals

The continent’s financial institutions won’t be able to provide even half of that, according to Standard Bank.

Bloomberg News | May 10, 2023 | 7:48 am

Eneos considers possible IPO for JX Nippon Mining & Metals

JX Nippon Mining & Metals is the majority owner of Chile’s Caserones copper mine.

Reuters | May 10, 2023 | 7:42 am

Serabi, Vale to jointly explore for copper in Brazil

The JV will explore Serabi's Matilda prospect and other targets in the Tapajos region of Brazil, within its Palito Complex.

Cecilia Jamasmie | May 10, 2023 | 6:43 am

Rio Tinto to co-fund Finnish solution to recover critical minerals, metals from mine wastewater

Weeefiner and Sensmet are developing a solution that will be able to provide water treatment to end-of-life mining sites and selectively recover critical minerals and rare earth metals.

Staff Writer | May 10, 2023 | 5:05 am

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