Base Metals

The copper core

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ON December 3 diversified miner Glencore rolled out plans for new copper projects totalling $14bn in expenditure. That increases to $24bn should it develop...

Cobalt miners keep quotas amid Congo export delays

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DEMOCRATIC Republic of Congo has guaranteed cobalt producers will retain their full 2025 export allocations despite ongoing delays in implementing new shipment procedures that...

Glencore exports first cobalt under Congo quotas

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GLENCORE has completed the inaugural cobalt shipment under Democratic Republic of Congo's new quota regime, dispatching a test consignment this week to trial the...

Congo cobalt exporters seek clarity on quota rules

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DEMOCRATIC Republic of Congo's mining industry has demanded urgent government discussions over new cobalt export regulations, said Reuters on Monday. The industry warned that legal...

Codelco and Glencore plan Chilean copper smelter

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CHILE'S state copper producer Codelco and Swiss miner Glencore have signed an initial agreement to develop a smelter in northern Chile, the companies announced...

Copper rally will prove short-lived warns Goldman Sachs

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GOLDMAN Sachs has challenged the bullish sentiment surrounding copper, predicting the metal's surge past $11,000 a ton will not last as supplies remain adequate...

Glencore to reopen Alumbrera as targets 1.6mt/y in copper output

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GLENCORE annnounced today the restart of its Alumbrera mine in Argentina by late 2026 as it sought to give fresh momentum to its struggling...

Vale and Glencore plan Canadian copper venture

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VALE and Glencore are considering a joint copper project in Canada as both companies seek greater exposure to a metal expected to face supply...

EU pauses investigation of Anglo, MMG nickel deal

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EUROPEAN Union competition regulators have paused their investigation into China firm MMG's proposed purchase of Anglo American's Brazilian nickel operations after the parties failed...

Harmony gives green light to $1.55bn Eva copper project

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HARMONY Gold has given the green light to its Eva copper project in Australia saying on Monday the project would cost $1.55bn over a...