Base Metals

Copper price surges as fears of supply deficit compounds demand-led bull...

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A FRESH surge in the copper price was being led by supply-side concerns including a strike by a group of port workers in Chile,...

Glencore joins with miners, Umicore to develop traceable cobalt blockchain technology

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GLENCORE and other miners are joining forces with battery material supplier Umicore to make the cobalt used in electric cars traceable using blockchain technology, said...

Hichilema landslide election victory may bode well for Zambia’s mining sector

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ZAMBIA opposition leader Hakainde Hichilema secured a shock landslide victory in the nation’s presidential election - a development that bodes well for the possible bailout...

Metorex trends in the right direction

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Metorex is trending in the right direction at its copper and cobalt projects despite a forecast blip in the March quarter due to adverse weather and electrical problems at its Ruashi plant.

Anglo revises Quellaveco copper output for 2022 as commercial production begins

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ANGLO American said it had started commercial production of copper from Quellaveco, its newly commissioned Peru project held in joint venture with Mitsubishi. However, the...

US risked Chinese battery monopoly had Gertler dispute escalated

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GLENCORE'S workaround the US sanctions placed on Dan Gertler, the Congo's mining tycoon, was a remarkable piece of pragmatism on behalf of the Swiss...

Union rejects Metorex wage offer

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Trade union Solidarity has rejected what it describes as the skimpy wage increase offer of 3% by Metorex's Consolidated Murchison Mine outside Phalaborwa during the first round of wage negotiations.

Orion confirms $8m capital raise, and BEE transaction for Prieska project

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ORION Minerals confirmed press speculation it would raise $8m for its Prieska zinc-copper project after selling shares for $0.04 per share in a placement...

Anglo delivers on full-year output numbers, but Chile drought, SA Eskom...

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ANGLO American delivered fourth quarter and full-year production numbers that were largely in line with consensus, but said that copper production from Chile's Los...

CNMC to start copper mine

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China Nonferrous Metal Mining Corp (CNMC) will start building its Mulyashi copper mine in Zambia from January next year.