Base Metals

Barrick proposes name change to reflect push into copper

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BARRICK Gold Corp. has proposed dropping "gold" from its name as it expands its copper mining operations, according to a report by Bloomberg News. "We...

Copper 360 CEO says firm has “turned a corner”

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COPPER 360, a start-up copper miner operating in South Africa's Northern Cape, said it had "turned a corner" as it sought to meet production...

Orion Minerals CEO Errol Smart announces resignation

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ORION Minerals said on Thursday its founding CEO Errol Smart is to resign with near immediate effect "following the recent achievement of key milestones". He...

Copper price forecast to set new record this year

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THE copper price was forecast to hit new records this year reaching $12,000 per ton or more, according to a report by the Financial...

Orion sets out new study for R7.59bn Prieska copper project

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ORION Minerals today set down its definitive feasibility study for construction of a brownfields copper mine in the Northern Cape producing 22,000 tons of...

EU designates Anglo’s Sakatti copper project ‘strategic’

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ANGLO American said on Tuesday its Sakatti project in Finland had been designated strategic by the European Commission – a development that would improve...

Alphamin evacuates Bisie as rebels bear down on Congo mine

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ALPHAMIN Resources has suspended mining at its Bisie tin mine in the Democratic Republic of Congo as insurgent military groups bear down on the...

China’s reliance on Congo copper growing, say traders

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CHINA is forecast to import more off-exchange refined copper this year predominantly from the Democratic Republic of Congo where production of the red metal...

Glencore backs cobalt investment firm planning UK listing

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GLENCORE is to take a 10% stake in a cobalt investment company that plans to float in London during May, the Financial Times reported...

US open to minerals deal with Congo

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THE US was open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday. This was...