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Base Metals

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BHP debates improved bid as time runs out in Anglo takeover saga
19th May 2024 By: Bloomberg

With time running out on its $43-billion pursuit of Anglo American, BHP Group faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few... 


Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


China’s top copper miner to ramp up output as supply risks mount
17th May 2024 By: Bloomberg

China’s leading copper miner raised its output guidance at a time when prices have been rallying toward a record on expected deficits. Zijin Mining Group aims to boost mined copper production to... 


Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
17th May 2024 By: Mariaan Webb

The Queensland government has granted AIC Mines a mining lease for the Jericho copper mine, paving the way for surface works to get under way in preparation for mining. Development of Jericho will... 


Biden open to easing sanctions on billionaire Gertler in return for Congo exit
17th May 2024 By: Bloomberg

The US government is open to easing sanctions on billionaire mining magnate Dan Gertler if he gives up his business operations and assets in the Democratic Republic of Congo, where Washington’s... 


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Base Metals Sub-Sectors

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Aluminium

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Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Critical minerals, food crops at risk of climate disruption by 2050, report shows
30th April 2024 By: Darren Parker

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 


Glencore bought aluminium from Rusal worth $1.06bn in 2023
29th April 2024 By: Reuters

Commodities group Glencore bought aluminium from Russian producer Rusal worth $1.06-billion in 2023 as part of their long-term contract, the Russian producer said in an annual report on Friday.... 


Bauxite

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Critical minerals, food crops at risk of climate disruption by 2050, report shows
30th April 2024 By: Darren Parker

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 


How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Cobalt

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Biden open to easing sanctions on billionaire Gertler in return for Congo exit
17th May 2024 By: Bloomberg

The US government is open to easing sanctions on billionaire mining magnate Dan Gertler if he gives up his business operations and assets in the Democratic Republic of Congo, where Washington’s... 


US blames China’s CMOC for predatory tactics behind cobalt glut
15th May 2024 By: Bloomberg

China’s CMOC Group is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo... 


DRC allows Zijin mine to resume operations, mines ministry letter says
14th May 2024 By: Reuters

Democratic Republic of Congo's government has lifted a suspension order on a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group, according to a letter seen by... 


Copper

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Zambian claimants get permission to appeal class action lawsuit against Anglo American
22nd April 2024 By: Tasneem Bulbulia

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 


South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


Sierra records 36% y/y increase in first-quarter copper production
19th April 2024 By: Darren Parker

For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two... 


Lead

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Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Nickel

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Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Tin

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Elementos restarts Spanish tin DFS with modified layout
15th May 2024 By: Mariaan Webb

The definitive feasibility study (DFS) and licensing activities for the Oropesa tin project will resume, following an agreement between Elementos and the Andalusian government on project layout... 


US tariffs on minerals leave out markets that China dominates
15th May 2024 By: Bloomberg

President Joe Biden just unveiled sweeping tariffs on a range of Chinese imports, including more than two dozen industrial raw materials. But the administration is being careful to avoid the... 


Tin prices may see further support from supply risks, rate cuts, analysts say
14th May 2024 By: Reuters

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate... 


Zinc

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Korea Zinc sees US opportunities as it targets big copper growth
14th May 2024 By: Bloomberg

The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth opportunities in the US as it seeks to become a leading player in the global... 


Peru zinc miner Volcan to avoid debt haircut, new owner says
14th May 2024 By: Bloomberg

Volcan Cia Minera plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing... 


South32’s Hermosa federal permitting process gets under way
13th May 2024 By: Mariaan Webb

The US Forest Service (USFS) has initiated the federal permitting process for the South32 Hermosa project, in Arizona. Under the umbrella of the National Environmental Policy Act, the USFS has... 


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pqt: 1.578s - ct: 1.637s - 208pq - 2rq
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