Base Metals

Exxaro reins in copper ambitions after manganese deal

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SOUTH African coal producer Exxaro Resources has scaled back ambitions to add copper to its portfolio after losing out on a producing mine in...

Ivanhoe achieves record zinc output from Congo mines

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IVANHOE Mines reported record quarterly zinc production and robust copper output from its Democratic Republic of Congo operations, maintaining momentum despite earlier disruptions. Citing a...

Orion boosts capital raise to A$7.7m amid copper price run

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ORION Minerals said on Thursday it had increased funds from a capital raise announced earlier this week to A$7.7m (R89m) from A$5.5m. The copper and...

China slashes non-ferrous metals growth targets

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CHINA has dramatically reduced its production growth ambitions for major non-ferrous metals over the next two years, signalling a strategic pivot towards efficiency and...

Copper soars after Indonesian mine tragedy

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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

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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

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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

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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

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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

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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...