Base Metals

US consortium eyes Congo copper firm acquisition

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A US investment group featuring ex-military personnel is working to buy Chemaf Resources, a mining firm in the Democratic Republic of Congo that has...

Vedanta unit plans major Zambian smelter upgrade

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KONKOLA Copper Mines (KCM) will overhaul its Zambian smelter facility as part of efforts to boost production following last year's return to full operations...

Zambian mining chief urges US to waive copper import tariffs

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THE leader of Zambia's state mining corporation is pushing for the US to grant exemptions from proposed copper import duties, arguing that such tariffs...

South32 warns over Mozal ouput in 2026 as power talks stall

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SOUTH32 has raised major doubts about the sustainability of aluminium production from its facilities in Mozambique, saying in an update on Monday it had...

Commodity traders poised for $300m copper windfall

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FOUR major commodity trading houses stand to earn extraordinary profits exceeding $300m after positioning themselves ahead of Donald Trump's copper tariff announcement, capitalising on...

Bristow says copper market intact despite tariff shock

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BARRICK Mining Corp. was confident of copper's long-term prospects despite market turbulence from new US trade barriers, said Reuters citing the miner's CEO Mark...

Mining tycoon backs Trump’s copper tariff plan

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ROBERT Friedland, the billionaire founder of Ivanhoe Mines, has thrown his support behind US President Donald Trump's controversial 50% tariff on copper imports, arguing...

Chris Griffith confirms resignation from Vedanta

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CHRIS Griffith has confirmed his resignation from Vedanta, the Indian company where he was appointed about two years ago to lead its base metals...

Indonesia’s nickel boom faces supply chain crisis

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INDONESIA'S ambitious nickel expansion strategy is encountering significant difficulties as plummeting prices and ore shortages compel refiners to cut production and dismiss workers, said...

Trump’s tariff threat is “watershed moment” for copper

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US copper prices reached historic highs on Tuesday after Donald Trump announced Washington would impose 50% tariffs on the industrial metal, marking the latest...