Base Metals Top Stories

Talks to implement Congo mining code set for Wednesday -govt

The new code opens the door for royalties to increase up to five-fold on metals designated "strategic substances" by the government.

Reuters | March 20, 2018 | 2:35 pm

Zambia targets one million tonnes copper output this year

Rising copper prices were also expected to boost revenue collection…

Reuters | March 20, 2018 | 11:18 am

Cobalt price: Automakers ‘waking up too late’ as China takes control

Glencore CEO flags China-Congo-cobalt nexus, responsible for 80% of global…

Frik Els | March 20, 2018 | 10:51 am

Workers at Chile’s Los Pelambres mine extend contract talks – industry group

Workers in the mine's largest union last week rejected an…

Reuters | March 20, 2018 | 10:28 am

South Africa black ownership to roll out in May

Newly appointed Minister of Mineral Resources Gwede Mantashe said the…

Cecilia Jamasmie | March 20, 2018 | 9:50 am

US Forest Service pauses timeline for Rio Tinto Arizona copper mine

The USFS has told a federal court it is not sure when it could approve a land swap allowing Rio to develop the Resolution Copper mine.

Reuters | May 19, 2023 | 12:33 pm

Vale said to decide on base metals sale worth billions next week: Brazilian paper

The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion.

Colin McClelland | May 19, 2023 | 12:27 pm

Wall Street Journal sees a debt-ceiling copper glow up

A look at the esteemed financial paper’s case for calling copper the next big bull market.

Frik Els | May 19, 2023 | 12:12 pm

LME profits fall to 8-year low as nickel crisis hits exchange

The LME’s annual profit fell 27% to $56.1 million, the lowest since before a hike in trading fees in 2015.

Bloomberg News | May 19, 2023 | 11:18 am

Copper price rebounds on optimism over US debt talks

Wider financial markets marched higher after Democratic negotiators told President Joe Biden on Friday that they are making "steady progress" in talks with Republicans.

MINING.COM Staff Writer | May 19, 2023 | 10:24 am

Trafigura says accused fraudster’s wife not a bystander

Trafigura in February accused Prateek Gupta and the companies connected to him of perpetrating a “systematic fraud” .

Bloomberg News | May 19, 2023 | 9:33 am

Nickel prices seen falling as global surplus looms

Global nickel prices are poised to decline over the next few years as top producer Indonesia ramps up supplies and production costs fall.

Reuters | May 19, 2023 | 8:20 am

Vale gets offers for stake in base metals unit

Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.

Reuters | May 18, 2023 | 2:55 pm

Hudbay’s reduced exposure belies its belief in Peru’s prospectivity

Violent protests in the country have killed at least 66, posing risks to the activity of other large mines like MMG’s Las Bambas and Freeport-McMoRan’s Cerro Verde.

Henry Lazenby | May 18, 2023 | 2:24 pm

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