Nickel retreats as Indonesia withholds output cut details
NICKEL prices extended losses after Indonesia failed to specify production reductions that had previously sparked a sharp rally in the battery metal, said Bloomberg...
AI and defence will strain copper supplies
GLOBAL copper consumption is set to surge 50% by 2040, driven primarily by artificial intelligence and defence sectors, said Reuters citing a report published...
Jubilee receives further payment for SA exit
JUBILEE Metals said it had been paid $10m (R163.5m) from local buyer One Chrome, bringing total proceeds to $25m of the $90m due for...
Copper prices surge to record on tariff uncertainty
COPPER has extended its powerful rally, breaking through $13,000 per ton for the first time as traders rushed to ship metal to the United...
Copper surges towards record on supply concerns
COPPER rallied about three percent towards record levels as traders anticipated tightening supplies and potential United States import tariffs in the new year.
"Overall supply...
Pressure on Eskom as South32’s Mozal edges towards closure
PRESSURE on Eskom, South Africa’s main electricity supplier, to come up with more affordable power tariffs for more of its industrial customers has intensified...
The copper core
ON December 3 diversified miner Glencore rolled out plans for new copper projects totalling $14bn in expenditure. That increases to $24bn should it develop...
Cobalt miners keep quotas amid Congo export delays
DEMOCRATIC Republic of Congo has guaranteed cobalt producers will retain their full 2025 export allocations despite ongoing delays in implementing new shipment procedures that...
Glencore exports first cobalt under Congo quotas
GLENCORE has completed the inaugural cobalt shipment under Democratic Republic of Congo's new quota regime, dispatching a test consignment this week to trial the...
Congo cobalt exporters seek clarity on quota rules
DEMOCRATIC Republic of Congo's mining industry has demanded urgent government discussions over new cobalt export regulations, said Reuters on Monday.
The industry warned that legal...