Base Metals Top Stories

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

The union accepted an offer to begin early negotiations with the Anglo-Australian miner in March to avoid another strike at the northern Chile mine.

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

Peru expects $20.8 billion in mining investments

Only in 2019, Lima expects to receive $2.9 billion in…

Valentina Ruiz Leotaud | April 23, 2018 | 6:06 pm

One year after nickel fiasco, LME left with multiple headaches

The 146-year old exchange is fighting to mend its reputation amid a host of lawsuits, vigorous action by regulators and struggling volumes.

Reuters | March 8, 2023 | 5:25 am

New Century recommends $95m buyout offer from Sibanye-Stillwater

Sibanye-Stillwater last month launched an unsolicited takeover bid of A$1.10 cash per share.

Reuters | March 7, 2023 | 3:13 pm

LME faces further legal action in London court

The exchange is facing further legal action in London by a company called Double Eight Ltd.

Reuters | March 7, 2023 | 10:09 am

Rio Tinto keeps working to build Indigenous support for Resolution mine

Resolution is key to the mining giant's future as the project would produce more than 40 billion pounds of copper.

Reuters | March 7, 2023 | 9:58 am

British Columbia exploration spending hits 10-year high in 2022

Copper exploration spending jumped 84% year over year in 2022, rising from C$128 million in 2021 to C$235 million.

Staff Writer | March 7, 2023 | 9:52 am

Peru to unleash stranded copper with roadblocks largely cleared

Peru expects shipments of commodities will begin to normalize within days as the nation’s worst street protests in decades ease.

Bloomberg News | March 7, 2023 | 9:28 am

Major copper producers unveil plan to reach net zero emissions by 2050

The International Copper Association's (ICA) roadmap has set a target for members to cut emissions by 30% to 40% by 2030.

Reuters | March 7, 2023 | 9:08 am

Scientists work on solid-state battery that uses fewer ‘problem’ metals

Researchers have developed a new strategy to build solid-state batteries that are less dependent on specific chemical elements, particularly expensive metals with supply chain issues.

Staff Writer | March 7, 2023 | 6:06 am

Sibanye-Stillwater secures controlling stake in New Century Resources

The precious metals miner now controls nearly 71% of New Century Resources, for which it launched an unsolicited takeover bid in February.

Cecilia Jamasmie | March 7, 2023 | 3:23 am

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