Base Metals Top Stories

Vale delays sale of stake in New Caledonia nickel mine

The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.

Reuters | November 17, 2017 | 12:09 pm

Hedge fund bet on Glencore backfires with $100m loss

London hedge fund giant Lansdowne Partners lost a long-term bet…

Reuters | November 17, 2017 | 9:37 am

Vancouver is the world’s mining capital

Sorry Toronto and Perth.

Michael Allan McCrae | November 17, 2017 | 9:09 am

China Oct zinc, copper output highest in 3 years

Zinc production rose 3.8 percent to 577,000 tonnes year-on-year, while…

Reuters | November 16, 2017 | 11:04 am

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew…

Cecilia Jamasmie | November 16, 2017 | 3:57 am

Mystery buyer helped fuel nickel squeeze with $600 million bet

The mystery buyer represented 13% of net buying in the market on March 7, according to the Oliver Wyman report.

Bloomberg News | January 10, 2023 | 1:05 pm

Surging molybdenum price adds weight to new year rally for copper producers

Copper mining byproduct molybdenum is up more than 50% in a little over a month, boosting margins for producers.

Frik Els | January 10, 2023 | 12:13 pm

LME to decide nickel reforms by end of first quarter

Months after turbulence highlighted shortcomings in LME oversight, the nickel contract remains broken.

Reuters | January 10, 2023 | 9:40 am

Column: New fund friends will find lead in unusually lively mood

Lead has just joined the commodity A-list, bringing a new set of players.

Reuters | January 10, 2023 | 7:12 am

North America’s top mining CEOs anticipate turbulent year ahead

"I don’t think anywhere is perfectly safe to invest right now," said Barrick Gold CEO Mark Bristow.

Bloomberg News | January 10, 2023 | 6:52 am

India’s foray into the EV battery market lacks some key ingredients

The government has unveiled incentives of at least $3.4 billion to expedite its lagging adoption of EVs.

Bloomberg News | January 10, 2023 | 6:42 am

Australia lays out plan to make biggest polluters slash emissions

Government proposed to make the country's biggest polluters slash emissions by 30% over the next seven years.

Reuters | January 10, 2023 | 6:33 am

Zambia extends electricity rationing to mining firms

Hydropower contributes to more than 75% of Zambia's electricity generation.

Reuters | January 10, 2023 | 6:28 am

Vale evaluates offers for $2.5 billion base metals unit

Vale Base Metals, to be based in the UK, will have nickel mines in Canada and Indonesia, copper mines in Brazil, and interests in cobalt and platinum group metals.

Cecilia Jamasmie | January 10, 2023 | 6:09 am

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