Base Metals Top Stories

Vale cuts spending, management salaries

The iron ore and nickel giant has reduced its forecast for capital spending in 2016 to $5.5bn from $6.2bn previously.

Cecilia Jamasmie | April 6, 2016 | 7:40 am

Canadians to develop space mining tool

Deltion Innovations aims to design a drill that would prospect…

Cecilia Jamasmie | April 6, 2016 | 5:55 am

Copper miners’ game of chicken continues

New study predicts lowering of cost curve, marginal mines staying…

Frik Els | April 5, 2016 | 5:04 pm

Freeport’s stuck with oil and gas

Copper giant's review of energy division results in axing of…

Frik Els | April 5, 2016 | 12:37 pm

Forget about ‘Los Bronces’; that mine is ours — Anglo to Codelco

Codelco is facing mounting internal pressure to acquire Anglo's stake…

Cecilia Jamasmie | April 5, 2016 | 7:55 am

Chile assembly debates nationalizing copper; industry calls idea ‘barbaric’

The proposal would still face a vote from the full assembly to be included in the final draft text, which would itself go before a national referendum vote later this year.

Reuters | February 1, 2022 | 12:00 pm

Copper price rises as trade thinned by China holiday

Copper prices are set to languish this year, a Reuters poll of analysts showed, weighed down by weaker demand as rising interest rates curb economic growth.

MINING.COM Staff Writer | February 1, 2022 | 9:07 am

Chile vote marks first step in long path to seizing mines

A proposal that opens the door to nationalizing some of the biggest copper and lithium mines in the world was approved in first instance.

Bloomberg News | February 1, 2022 | 8:28 am

The squeeze in the nickel market is getting worse

While the squeeze last month was focused on near-dated contracts, in recent days it has spread through the curve.

Bloomberg News | February 1, 2022 | 8:20 am

Analysts expect scorching base metals rally to cool

Market balances are expected to shift from supply deficit towards surplus in 2023 as production recovers and demand cools, Andy Home says.

Reuters | February 1, 2022 | 7:57 am

Earth’s ‘Goldilocks zone’ responsible for metal ore deposit formation

Researchers have discovered a ‘Goldilocks zone’ at the base of the earth’s crust where temperature allows for metals to be transported to shallower levels near the surface.

MINING.COM Staff Writer | February 1, 2022 | 6:06 am

Rio Tinto report reveals culture of sexual harassment, bullying and racism

Eight-month independent review of the miner’s workplace culture found disturbing, systemic behaviours across the company’s sites.

Cecilia Jamasmie | February 1, 2022 | 3:37 am

Cobalt outlook bullish through 2022 and beyond, ERG CEO says

Benedikt Sobotka said that the surging price of the metal, which rose by 119% in 2021, was giving a very clear message: the market is severely short of cobalt, a key ingredient in the batteries that power EVs.

Fastmarkets | January 31, 2022 | 3:02 pm

This chart says industrial metals prices have far to fall

Unless there’s been a major decoupling of copper, zinc, nickel, aluminum prices and Chinese manufacturing activity, declines of as much as 40% may be in the offing.

Frik Els | January 31, 2022 | 2:48 pm

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