Base Metals

Nickel pain forcing miners to consider production cuts

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BHP is considering options for its nickel operation amid a sharp price correction for the metal last year and warned it could write down...

Zambia to double copper royalties

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Zambia is to take royalties on copper to 6% and will also increase precious metal royalties as Michael Sata's new government unveils an expansive budget aimed at growth and development.

Smelters, BHP settle 2012 copper charges

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China's copper smelters and BHP Billiton have settled 2012 term copper concentrate treatment and refining charges at $60 a tonne and 6 US cents a pound.

First Quantum’s Zambia assets play part in firm’s 2018 record production

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FIRST Quantum Minerals, the Toronto-listed firm, reported record copper production and sales for 2018 which came in 6% and 3% higher respectively year-on-year. Full year...

Zambia tax claim adds to Africa policy jitters, but it’s not...

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THE risk of an audit similar in nature to one that has saddled Canada's First Quantum Minerals with an $8bn tax claim could be...

Anglo American, Codelco face off in court

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Chilean state copper miner Codelco and Anglo American have faced each other in court as Anglo seeks to have an injunction against it lifted, reports news wire Dow Jones.

Cupric Canyon bullish on doubling Khoemacau output

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CUPRIC Canyon Capital said its proposed Khoemacau underground copper mine in Botswana's Kalahari Copper Belt could become twice as large as the 50,000 tonnes/year...

Glencore to buy control of copper/gold MARA project for $475m in...

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GLENCORE is to buy 100% of the MARA Project, a copper and gold brownfields prospect in Argentina. South Africa's Gold Fields bid for the...

First Quantum Minerals refutes Zambian tax claim

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First Quantum Minerals - a Toronto-listed company mining copper in Zambia - does not expect the final value of the $8bn tax...

Barrick bid for Freeport’s Grasberg could take years, says Bristow who...

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BARRICK Gold did not have competitors for the Grasberg copper/gold mine it has an interest in buying from Freeport McMoRan, but it could years...