Base Metals Top Stories

Co-owners of Russia’s Nornickel back in fight for control

Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.

Reuters | February 19, 2018 | 12:16 pm

Undersea mining’s bizarre origins – a CIA cold war plot

BBC report details 1974 CIA operation to salvage Soviet submarine…

Frik Els | February 19, 2018 | 11:53 am

Signs of thaw in South Africa mine fight as Ramaphosa starts

SA mining companies agreed to postpone a legal challenge to…

Bloomberg News | February 19, 2018 | 11:46 am

Glencore, Randgold form group to challenge Congo law changes

Glencore and Randgold are clubbing together in a bid to…

Bloomberg News | February 19, 2018 | 11:38 am

Australian Mines signs off-take deal with Korea’s SK Innovation

Australian Mines said the agreement included an option for SK…

Reuters | February 19, 2018 | 11:19 am

Panama to shut down First Quantum’s giant copper mine

Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.

Cecilia Jamasmie | December 16, 2022 | 3:41 am

Police searched Ivanhoe Mines’ Vancouver office as part of Swiss bank transfer investigation

Police searched Ivanhoe's Vancouver office seeking information on $2.7 million in bank transfers related to its copper operations in the DRC.

Staff Writer | December 15, 2022 | 12:45 pm

Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan

Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine.

Cecilia Jamasmie | December 15, 2022 | 9:58 am

Marimaca Copper stock rises as company drills first significant sulphides in Chile

Drill hole MAD-22 returned 92 metres at 2.11% total copper from 140 metres.

Staff Writer | December 15, 2022 | 9:34 am

Goldman says commodities will gain 43% in 2023 as supply shortages bite

The bank sees copper jumping to $10,050 a tonne from around $8,400.

Bloomberg News | December 15, 2022 | 8:30 am

US sanctions Russia’s richest tycoon, Nornickel boss Potanin

The action against Potanin was part of a broader sanctions package the Treasury Department rolled out Thursday.

Bloomberg News | December 15, 2022 | 8:24 am

Norsk Hydro to raise capex, cut more costs

About half of Europe's aluminum production has been shut down as a result of a surge in energy costs since Russia's invasion of Ukraine.

Reuters | December 15, 2022 | 8:13 am

First Quantum and Panama fail to reach agreement over giant copper mine

Collapse of talks over a new royalty payment structure has triggered fears the company's Cobre Panamá mine could be nationalized.

Staff Writer | December 15, 2022 | 7:45 am

Eldorado Gold board okays Skouries gold-copper project restart

Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025.

Cecilia Jamasmie | December 15, 2022 | 6:47 am

First

Last