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Chinese copper smelters post record output

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CHINESE copper smelters are producing record volumes of refined metal, swelling global stockpiles and threatening to cap the price gains that have driven bullion...

Aluminium surges on Middle East conflict supply fears

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ALUMINIUM prices jumped as conflict in the Middle East raised fears over disruption to a critical shipping route used by producers responsible for nearly...

Glencore buys cobalt hoard for US defence stockpile

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GLENCORE has agreed to purchase nearly 2,000 tons of cobalt from industry veteran Rami Weisfisch in a deal worth close to $115m at current...

US set to ease steel and aluminium tariff scope

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THE US is expected to narrow the range of goods subject to its 50% tariff on products containing steel and aluminium within weeks, said...

Behind the boardroom coup at Copper 360

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LATE on Friday about two weeks ago, a bloodless statement popped onto trader’s screens, speaking blandly of a reshuffle in "executive responsibilities" at Copper...

Congo state miner wins Glencore copper marketing rights

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THE Democratic Republic of Congo's state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore's Kamoto Copper...

Glencore to extend KCC in land deal with Gécamines

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GLENCORE said on Wednesday an agreement with Gécamines to access additional land titles had boosted ambitions to increase production from its Kamoto Copper Company...

Jan Nelson, founder of Copper 360, passes away

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COPPER 360, the JSE-listed mining and development company, confirmed on Tuesday that its founding CEO Jan Nelson passed away after a battle with cancer. "His...

Copper overtakes iron ore in BHP’s record half-year

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BHP Group has reported a stronger-than-expected half-year profit, with copper surpassing iron ore as the world's largest miner's biggest earnings contributor for the first...

Upstart Shuka hoping to make a splash

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THESE days, the JSE’s mining sector is more like an old-age home for the once-great than a serious contender for prospectors jostling for capital....