Copper Mountain begins commissioning third ball mill

The Democratic Republic of Congo is in uncharted waters as the nation awaits election results marking the end of President Joseph Kabila’s rule.

The revision means that output of cobalt rose 35.9 percent compared to the same period in 2017, rather than 92.5 percent as the bank said previously.

With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country's economic contraction.

The Chamber of Mines said that as a result of the changes, more than 58% of Zambia's copper producers would be loss-making at current prices.

Shares of the company were up 1.5 percent at C$11.93 in early trade.

Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.

Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.

Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.