Home News Base Metals

Base Metals

Copper soars after Indonesian mine tragedy

0
COPPER prices have surged above $10,300 per ton on the London Metal Exchange following Freeport-McMoRan's declaration of force majeure at its Grasberg mine in...

Congo unmoved on cobalt export quota system

0
THE Democratic Republic of Congo will maintain its recently announced cobalt export quota system with the country's mining minister ruling out immediate revisions, said...

Tshisekedi says Congo will not auction minerals

0
THE Democratic Republic of Congo President Felix Tshisekedi has insisted his country will not "auction" its vast mineral wealth to the US, despite ongoing...

Congo lifts cobalt ban, plans quotas from Oct

0
THE Democratic Republic of Congo will lift its cobalt export ban from October 16 and impose annual quotas to manage global supply of the...

Orion Minerals says copper project will not fail

0
AFTER the best part of a decade of planning, Orion Minerals is determined to make a success of its Prieska Copper Zinc Mine with...

Qatar invests $500m in Canadian miner Ivanhoe

0
QATAR'S sovereign wealth fund has taken a $500m stake in Canada's Ivanhoe Mines, highlighting Gulf states' push to diversify from oil revenues into critical...

Orion clinches watershed $250m deal with Glencore

0
ORION Minerals finally has liftoff on its Prieska Copper Zinc Mine after unveiling today a major financing and offtake deal with Glencore of up...

Anglo finalises copper JV with Chile’s Codelco

0
ANGLO American and Chile's Codelco announced today they had reached a final agreement for the joint development of their mines Los Bronces and Andina. The...

MMG confident Anglo nickel deal will pass muster

0
CHINESE-owned MMG is confident it will secure European regulatory approval for its $500m acquisition of Anglo American's nickel assets, according to a report in...

Zambia disputes scale of Chinese mine spill

0
THE Zambian government has refuted an independent estimate of toxic acid spillage from a Chinese state-owned copper mine, insisting cleanup operations have commenced following...