Base Metals

Glencore secures deal to supply car maker Tesla with cobalt from...

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SWISS-headquartered miner and commodities trading group, Glencore, is to supply cobalt from its Democratic Republic of Congo (DRC) operations to Tesla, the electric car...

Sandfire’s Simich to step down as copper miner concludes $150m Motheo...

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SANDFIRE Resources CEO and managing director, Karl Simich is to step down having recently expanded the firm's international footprint including the planned commissioning of...

Earning the right to mine nowhere more important than Bisie

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HALF an hour's flight in a compact chartered plane from Goma, followed by a bone-jarring, four-hour drive delivers you in the middle of the...

China firm to own 51% of Zambia nickel mine

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China's Jinchuan Group will take a stake of about 51% in Zambia's sole nickel mine Munali, which is due to resume output in September.

First Quantum to sell $500m in copper to China’s Jiangxi

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FIRST Quantum Minerals' second-largest shareholder will pay $500m for copper shipments in an arrangement that strengthens the mining company’s balance sheet while its flagship...

Copper, cobalt exports from Congo mine at risk amid dispute over...

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GECAMINES, the Democratic Republic of Congo's state-owned mining company, could block exports of cobalt and copper from the Tenke Fungurume mine following a dispute...

Trafigura to finance artisanal cobalt in supply agreement with DRC’s EGC

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COMMODITIES trading house, Trafigura, has agreed a cobalt off-take agreement with Entreprise Générale du Cobalt (EGC), a Democratic Republic of Congo (DRC) state-owned company. Trafigura...

Metorex drops Ruashi output forecast

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Metorex lowers its copper output forecast at its Ruashi plant by 20%, but there's an upside, with production costs expected to drop from improved cobalt credits.

Vedanta boss Agarwal commits to Zambia despite shocks, rows

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VEDANTA chairman, Anil Agarwal, was at his contrarion best today telling an investment forum in Zambia during a two-day visit that the southern African country...

Copper marches on brighter prospects

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Copper, which is a leading indicator on wider economic prospects, was on the march on optimism 2010 would be a year of improved demand.