Base Metals

Anglo seeks Codelco talks as pressure piles up

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Anglo American has urged Chile's Codelco to seek a negotiated deal to settle the dispute over Anglo American Sur, labelling a criminal probe into the matter as "completely inappropriate'.

Glencore’s green rebrand a complex brew for governments, society, and shareholders

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Glencore is in the pound seats when it comes to dominating in the metals and minerals the modern world needs, and – according to...

First Quantum overhang to end as Zambia relents on fraud claim

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PRESSURE on shares in First Quantum Minerals would be lifted if Zambia's president, Edgar Lungu, asks his country's legal authorities to drop a fraud...

Bauxite prices peak despite attempts to Guinea coup leader reassuring miners

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THE price of bauxite recorded its highest price in 18 months following a military coup in Guinea, said Reuters. Bauxite, used in the manufacture of...

Barrick, Jiangxi said to be circling First Quantum Minerals

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BARRICK Gold sounded out shareholders in First Quantum Minerals about a possible takeover of the copper producer after it ran into balance sheet difficulties...

First Quantum Minerals refutes Zambian tax claim

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First Quantum Minerals - a Toronto-listed company mining copper in Zambia - does not expect the final value of the $8bn tax...

Vedanta launches arbitration proceedings with Zambian state-owned mining firm ZCCM-IH

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VEDANTA Resources notified its Zambian joint venture partner ZCCM-IH that it had launched arbitration proceedings related to an attempt by the Zambian government to...

Palamin Q3 copper concentrate down 19 pct q/q

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Palabora Mining's third quarter copper concentrate output is down 19 percent quarter-on-quarter.

Barrick say sell Lumwana copper mine to Chinese in second half...

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BARRICK Gold was preparing to sell its Lumwana copper/gold mine in Zambia, according to a report by Reuters which cited three sources with knowledge...

Glencore Xstrata ups copper from Africa

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Glencore Xstrata said first quarter copper output increased 18% year-on-year owing to a significant boost from African production.