Base Metals

Rusal profit plunges 84.3% in 2023 on reduced prices

Russian aluminium producer United Company Rusal International (Rusal) has reported a net profit of $282m for the year ended 31…

Celsius gets mining permit for Philippines copper-gold project

Celsius Resources’ subsidiary Makilala Mining Company has secured an MPSA from the Philippine Government for its MCB mining project. This…

MinRes signs heads of agreement to acquire WA nickel plant

MinRes has signed a binding heads of agreement with Poseidon Nickel to acquire the Lake Johnston nickel concentrator plant and…

Hudbay enters exploration agreement with Marubeni

Hudbay Minerals has entered an option agreement with a subsidiary of Marubeni, a Japanese trading company, to explore three projects…

Ranchero closes option on Pinchi Lake Nickel Project in Canada

Canada-based exploration and development company Ranchero Gold has completed an option agreement with Recharge Resources, acquiring a full interest in…

Australia’s Applyflow to acquire Canada Future Metals  

Australia-based Applyflow has signed a binding share sale agreement to acquire Canada Future Metals, which holds the Fairfield and Fintry…

Zambia copper smelter scales back capacity amid power cuts

The Chambishi Copper Smelter in Zambia, owned by China Nonferrous Metal Mining Corp (CNMC), has cut one-fifth of its production…

Global producers call for LME to introduce green premium for cleaner nickel

Mining companies have called for a green price premium to be introduced for sustainably produced nickel traded on the LME…

Alara starts copper concentrate production in Oman

Australia-based mineral exploration and mining company Alara Resources has begun producing copper concentrate at its Al Wash-hi – Majaza copper-gold…

First Quantum opens Panama mine for public visits

First Quantum Minerals is opening its Panamanian copper mine for public visits in an attempt to gain support for restarting…

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