Base Metals Top Stories

BHP rejects activist fund Elliott urge to spin off US oil assets

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

Cecilia Jamasmie | April 10, 2017 | 3:22 am

U3O8 Corp. stakes the old La Niquelina uranium-cobalt-nickel mine

Mineralization was discovered at La Niquelina in 1944, with modest…

CNW Group | April 9, 2017 | 3:05 pm

Top 10 copper mining companies in 2016

2016 highlights: a year of breakthroughs and setbacks

Vladimir Basov | April 7, 2017 | 4:05 pm

Canadians asked to weigh in on Teck’s proposed oil sands mine

The Frontier project is located 110 kilometres north of Fort…

Cecilia Jamasmie | April 7, 2017 | 9:02 am

Rio Tinto to fight $447 million Australian tax bill

The amount is linked to what is known as “transfer…

Cecilia Jamasmie | April 6, 2017 | 10:03 am

Zambia plans mine-tax concessions while trimming budget deficit

Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties.

Bloomberg News | September 30, 2022 | 10:57 am

NorZinc agrees on sale to shareholder RCF, gets funding for Prairie Creek in Northwest Territories

Located in traditional Dene territory, about 200 km west of Fort Simpson, the Prairie Creek property is home to what is regarded as one of Canada's next large high-grade zinc-lead-silver mines.

Staff Writer | September 30, 2022 | 9:37 am

Rusal denies it plans to deliver aluminum into LME warehouses

Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.

Reuters | September 30, 2022 | 9:05 am

Copper mining has a new champion in veteran Peruvian economist

In a presentation at Perumin, finance minister Kurt Burneo reiterated the policy priorities that have endeared him to the industry, such as maintaining tax rates, offering fiscal benefits and cutting red-tape in a bid to attract investments.

Bloomberg News | September 30, 2022 | 8:42 am

Vale announces reorganization of Brazil base metals business

Miner will transfer its copper assets in the country to Salobo Metais SA and its nickel assets to a new venture it will form.

Reuters | September 29, 2022 | 2:02 pm

Ero Copper shares rise on nickel discovery near its Caraiba mill in Brazil

The discovery, known as the Umburana System, has been traced for 5 km so far and is open in all directions.

Staff Writer | September 29, 2022 | 9:33 am

Glencore reviews lead operations at Italian plant due to high power prices

Glencore put zinc sulphide operations at the Portovesme plant on care and maintenance in November 2021, but continued production of zinc recycling and lead.

Reuters | September 29, 2022 | 8:59 am

LME mulling consultation on banning Russian metal

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.

Reuters | September 29, 2022 | 8:47 am

Top-gaining Asia stock with 1,650% jump is Indonesian miner

Shares of Adaro Minerals Indonesia have surged more than six times the second-best stock on the MSCI Asia Pacific Index.

Bloomberg News | September 29, 2022 | 8:42 am

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