Base Metals Top Stories

Congo’s state miner seeks to dissolve Glencore venture over debts

Gecamines said on Tuesday that debts owed by Kamoto to Glencore and its subsidiaries at the end of 2017 topped $9 billion.

Reuters | April 24, 2018 | 9:54 am

Union at BHP’s Escondida copper mine in Chile says no advance deal likely

The union accepted an offer to begin early negotiations with…

Reuters | April 24, 2018 | 9:44 am

Caterpillar results prove global economy in good shape

The machinery manufacturer logged earnings of $2.82 per share on…

Cecilia Jamasmie | April 24, 2018 | 9:40 am

Freeport profit misses on lower-than-expected copper sales

The Phoenix, Arizona-based copper miner reported a lower-than-expected quarterly profit…

Reuters | April 24, 2018 | 4:45 am

Anglo delays Minas Rio restart until year-end, will lose about $400 million

The announcement is the last of a string of difficulties…

Cecilia Jamasmie | April 24, 2018 | 2:45 am

Tanzania unlawfully expropriated Ntaka Hill nickel project, tribunal finds, awards miner $109m

Indiana Resources delivered notices to Tanzanian authorities in 2020 over the amendments that canceled retention licenses prior to 2018.

Amanda Stutt | July 18, 2023 | 4:23 pm

Vale grows iron ore output by 6%, sales lag

The firm produced 78.74 million metric tons of iron ore between April and June.

Reuters | July 18, 2023 | 2:57 pm

Explorer Victor Vescovo says deep sea mining numbers don’t add up

Vescovo in 2019 became the first person to venture to the deepest trenches in the world’s five oceans.

Bloomberg News | July 18, 2023 | 2:49 pm

Global nickel market in 11,900t surplus in May – INSG

That compares with a surplus of 18,800 metric tons in April 2023.

Reuters | July 18, 2023 | 10:07 am

Copper price falls as weak China growth worsens demand outlook

China's gross domestic product grew 0.8% in April-June from the previous quarter compared with a 2.2% expansion in Q1.

MINING.COM Staff Writer | July 18, 2023 | 9:53 am

It’s carmakers against miners in battle over China-funded metals

Automakers argue they need more leeway on the rules because it’s currently impossible to produce EV batteries without inputs that have at least some Chinese ownership, while US materials producers contend the domestic supply chain won’t succeed if China’s playing a role.

Bloomberg News | July 18, 2023 | 9:38 am

UAE delegation signs $1.9 billion mining partnership with Congo

The partnership will make it possible to set up more than four industrial mines, the president’s office said.

Bloomberg News | July 18, 2023 | 9:05 am

CMOC agrees to pay $800 million to end row with Congo’s Gecamines

News comes after CMOC's resumed copper, cobalt exports

Reuters | July 18, 2023 | 7:49 am

Canada’s regulator clears Newmont’s acquisition of Newcrest

The world’s largest gold miner is also progressing towards receiving regulatory approvals in other jurisdictions, with a transaction close expected in the fourth quarter of the year.

Cecilia Jamasmie | July 18, 2023 | 7:32 am

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