Base Metals Top Stories

Chalco’s net profit soars on higher aluminium prices

Chalco increased net profit by 274 percent last year as supply-side reforms and an environmental crackdown lifted aluminium prices.

Reuters | March 22, 2018 | 10:53 am

BMW mining deals shelved until EVs can be mass-produced

The German luxury vehicle maker said mass production of EVs…

Cecilia Jamasmie | March 22, 2018 | 9:56 am

Guinea: Mining firms will remain key target for anti-government protesters

Anti-government sentiment is set to further escalate in the run-up…

Verisk Maplecroft | March 22, 2018 | 7:09 am

RNC mulls selling Aussie mine to focus on massive cobalt-nickel project in Quebec

The company's Dumont cobalt and nickel project in Quebec is…

Cecilia Jamasmie | March 22, 2018 | 3:17 am

Barrick Gold yet to feel the heat in Zambian tax crackdown

The Toronto-based company, which operates the Lumwana mine, hasn’t received…

Bloomberg News | March 21, 2018 | 5:08 pm

Column: London Metal Exchange renews stocks transparency drive

Restoring trust in exchange stocks reporting is a key step in winning back the broader confidence of the market.

Reuters | June 2, 2023 | 8:43 am

Peru bullish about copper no. 2 spot as Congo closes gap

Mining mininster expects mines worth some $6 billion to come online over the next two years.

Reuters | June 2, 2023 | 7:44 am

Teck’s attempt to gain CIC support for coal split hits wall — report

The miner is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation for a plan to exit coal.

Cecilia Jamasmie | June 2, 2023 | 3:41 am

Copper output dips in Chile for potential boost to demand-hit market

Production in Chile fell more than 5% in April from the prior month and output was down 1% from a year ago.

Bloomberg News | June 1, 2023 | 2:03 pm

The world has a new no. 2 copper exporter

Congo has been making huge strides thanks largely to the high-grade ore now being tapped by Ivanhoe Mines.

Bloomberg News | June 1, 2023 | 11:39 am

Lundin backs Filo del Sol project in Argentina by joining $75m placement

The Lundin Family Trusts will subscribe for up to C$70 million of the shares, and the BHP Group will subscribe for up to C$30 million.

Staff Writer | June 1, 2023 | 8:55 am

BHP owes underpaid Australian workers $280 million

The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person.

Reuters | June 1, 2023 | 7:51 am

Eramet no longer sees LME as benchmark for ferronickel

"The LME's problem is that it's pricing the pure ore. Meanwhile, nickel is less and less used as a pure metal," said Eramet's CEO Christel Bories.

Reuters | June 1, 2023 | 7:45 am

Zimbabwe aims to double power output by 2025 to meet mining demand

The southern African country is reeling from power cuts of up to 12 hours daily.

Reuters | June 1, 2023 | 7:39 am

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