Base Metals Top Stories

Investors pile into Peru’s $2 billion Michiquillay copper project

Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20

Cecilia Jamasmie | October 16, 2017 | 11:12 am

Sibanye scraps planned closure of loss-making South African mines

Precious metals miner said its platinum group metals (PGM) operations…

Cecilia Jamasmie | October 16, 2017 | 6:32 am

Implats buys stake in South Africa platinum project with option to take control

Company will pay $30 million for a 15 percent interest…

Reuters | October 16, 2017 | 3:06 am

Philippines’ Duterte lifts suspension on gold miner Lepanto

Lepanto was among more than two dozen companies ordered halted…

Reuters | October 16, 2017 | 2:00 am

Aussie copper explorer vaults 33% after selling key project

Investors in Queensland Mining (ASX:QMN) got an unexpected surprise Monday…

Andrew Topf | October 15, 2017 | 6:05 pm

JPMorgan helps MineSense raise $42m to close copper gap

Funds raised will help MineSense to speed up the commercial release of a solution that could help close an expected copper deficit.

Cecilia Jamasmie | December 7, 2022 | 8:17 am

Nyrstar’s Auby zinc plant on care and maintenance until further notice

High power prices have spurred suspensions and cutbacks by smelters throughout Europe.

Reuters | December 7, 2022 | 8:11 am

CMOC pushes back as Congo’s Gecamines demands compensation in cobalt mine dispute

Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines.

Reuters | December 7, 2022 | 7:08 am

Vale to break out base metals business, sell stake in 2023

Vale will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of 2023.

Bloomberg News | December 7, 2022 | 7:00 am

Probe Metals, Midland make polymetallic discovery at La Peltrie in Quebec

According to Probe, the breadth of the discovery indicates the potential for a large mineralized system.

Staff Writer | December 6, 2022 | 2:46 pm

Kodiak Copper stock rises following high-grade gold-silver discovery in British Columbia

The discovery was made on surface within the Beyer Zone, where the company previously reported a surface sample that assayed 14.15 g/t gold and 9.40 g/t silver.

Staff Writer | December 6, 2022 | 2:45 pm

Ring of Fire Metals and Webequie First Nation sign MOU on Ontario nickel project development

The Eagle’s Nest project has been billed as the largest high-grade nickel discovery in Canada since Voisey’s Bay in Labrador.

Staff Writer | December 6, 2022 | 11:15 am

US risks stoking inflation if carbon-linked tariffs hit China

China’s steel and aluminum exports are under attack once again, as the US and European Union weigh new tariffs linked to carbon emissions.

Bloomberg News | December 6, 2022 | 10:28 am

K92 extends PNG mine lease, greenlights ‘transformational’ expansions

Since restarting the copper-gold mine in late 2016, the company has transformed Kainantu into a rapidly expanding producer.

Staff Writer | December 6, 2022 | 9:34 am

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