Base Metals Top Stories

First Quantum dinged $40,000 for sulphuric acid spill at nickel mine

First Quantum Minerals has been fined $40,000 concerning an incident that occurred at the Ravensthorpe nickel mine in 2014.

Andrew Topf | January 2, 2017 | 5:51 pm

SLIDESHOW: Mining on the mend – 2016 year in review

The global mining industry rebounded from multi-year lows in 2016…

Frik Els | January 1, 2017 | 10:22 pm

Owen Hegarty’s EMR buys Golden Grove copper-zinc mine

The EMR Capital private equity firm run by Owen Hegarty…

The Australian | January 1, 2017 | 4:59 pm

Freeport unloads California onshore oil assets for $592 million

Freeport-McMorRan (NYSE:FCX) has divested another portion of its substantial oil…

Andrew Topf | December 30, 2016 | 7:40 pm

Norilsk Nickel buys Soviet-era copper concentrate for $1.1 billion

One of Russia's largest mining companies has dropped a stash…

Andrew Topf | December 28, 2016 | 5:42 pm

BofA identifies the prime causes of violent metal short squeezes

LME inventories and non-commercial futures positioning are the primary drivers of metals short squeezes.

Henry Lazenby | June 2, 2022 | 11:02 am

Chinese warehouses check metal inventories as traders cry foul

Regular operations in at least three Chinese warehouses have been suspended to check on-site metal inventories.

Bloomberg News | June 2, 2022 | 10:00 am

Copper price scales $10,000 on Chinese stimulus, lockdown reprieve

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy.

MINING.COM Staff Writer | June 2, 2022 | 9:10 am

Global copper supply to outpace demand next year, says RBC

The brokerage in a note said it expects the industrial metal's price to be at $4.32 per pound in 2022, and then drop to $3.75 in 2023 and 2024.

Reuters | June 2, 2022 | 8:10 am

Chile copper output dragged down by Codelco, Collahuasi in April

Chile's total copper production in the month fell 8.9% to 420,000 tonnes.

Reuters | June 2, 2022 | 7:54 am

Chile starts sanction process against Los Pelambres copper mine

Sanction for deficiencies associated with tailings management, Chile's environmental regulator said.

Reuters | June 1, 2022 | 3:26 pm

Chinese traders find aluminum stocks they financed may not exist

At least three companies lent a total of more than 500 million yuan ($75 million) against stockpiles of the metal stored in a warehouse in the southern province of Guangdong that turned out to be worth significantly less than that.

Bloomberg News | June 1, 2022 | 1:03 pm

Managem to supply Renault with cobalt for EV batteries

Under this seven-year supply deal, Managem will supply Renault with 5,000 tonnes of cobalt sulfate annually starting from 2025.

Reuters | June 1, 2022 | 10:45 am

Arbitration hearing set for January in Vedanta-Zambia copper mine dispute

Zambia in May 2019 handed control of Konkola Copper Mines (KCM) to a state-appointed provisional liquidator, triggering a legal battle with its previous owner Vedanta.

Reuters | June 1, 2022 | 10:41 am

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