Base Metals

Glencore closes sale of Ernest Henry copper mine for A$1bn

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GLENCORE has closed the sale and purchase of its 100% stake in Ernest Henry Mining, a copper gold mine in Queensland, Australia. The Swiss-headquartered group...

Copper 360’s Nelson hopes to double share price in 12 months

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COPPER 360 CEO Jan Nelson plans to double investors’ money in 2024. The next six months will show if he can do it. In that...

ARM considers restarting options at Nkomati Nickel following 42% price surge

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AFRICAN Rainbow Minerals (ARM) may restart production at Nkomait Nickel operations in South Africa's Mpumalanga province following an improvement in the price of the...

Teck, Glencore CEOs resume war of words in Barcelona

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TECK Resources CEO Jonathan Price said the company was "working around the clock" to come up with a new plan after the Canadian firm's...

Barrick Gold’s Bristow considering growth in “strategic, modern” metal, copper

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BARRICK Gold is on the lookout for growth in the copper industry either through exploration or acquisitions, said the Financial Times citing the Canadian...

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...

Glencore’s Mopani to appeal Zambia’s rejection of care and maintenance plans

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THE Zambian government has rejected a proposal by Glencore subsidiary Mopani Copper Mines (Mopani) to shut its operations, said Reuters citing a statement from...

Anglo will walk from $3bn Los Bronces expansion if “public protests”

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ANGLO American said it would bin the $3bn expansion of its Los Bronces copper mine in Chile if "... the public protests against it",...

Alphamin tin sales hit as heavy rains worsen Congo roads

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ALPHAMIN Resources said poor road conditions, which were exacerbated by heavy seasonal rains, were likely to result in lower than guided tin sales for...

Orion to study starting up open pit Prieska copper mine earlier...

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ORION Minerals will undertake a six month feasibility study to assess whether it can begin early production from its Prieksa Copper-Zinc Project in South...