Base Metals

Ivanhoe cuts copper output guidance after seismic disruption

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IVANHOE Mines has slashed its annual copper production guidance to between 370,000 and 420,000 tons after seismic activity forced the closure of part of...

Copper tariffs offer mixed blessing for industry

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US copper tariff threats have created a lucrative windfall for Freeport-McMoRan Inc., America's largest copper producer, though the company's CEO warns that comprehensive trade...

Copper smelters face record losses amid oversupply

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COPPER smelters are paying unprecedented sums to process raw materials as China's aggressive expansion of processing facilities creates a global market imbalance that threatens...

Global nickel oversupply expected until 2028

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THE global nickel market faces prolonged oversupply until at least 2027-2028, according to Reuters citing industry analysts at a metals conference in Jakarta this...

Cobalt Holdings scraps £180m London IPO

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COBALT Holdings has abandoned its planned London listing just weeks after announcing a $230m share offering backed by leading investors including Glencore, said the...

Abu Dhabi’s IRH to buy Alphamin control for C$503m

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INTERNATIONAL Resources Holding (IRH), a subsidiary of UAE's International Holding Company, said it had agreed to buy a controlling 56% stake in Canadian-listed tin...

Shuka unfazed by legal storm over copper target Kabwe

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COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since...

Ivanhoe to reopen sections of Congo’s Kamoa-Kakula

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IVANHOE Mines shares surged on Monday after the Canadian mining company announced progress towards reopening sections of its major copper operation in the Democratic...

Kamoa-Kakula reopening timeline unclear after flooding

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MORE than a week after seismic activity triggered flooding at the Kamoa-Kakula copper mine in the Democratic Republic of Congo, uncertainty continues over when...

Jubilee Metals to sell more non-core assets

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JUBILEE Metals said it would sell off assets in Zambia that it no longer needs as it focuses on its copper business. "Looking forward we...