Base Metals

Ignacio Bustamante is stepping down from Hochschild to take up a position with Appian in London.

Bustamante departs Hochschild to take up Appian base metals position

Updated 3 hours ago By: Mariaan Webb

Ignacio Bustamante has announced his resignation as CEO from South America-focused Hochschild Mining to relocate to London, where he will head up the base metals division of investment advisory... 

Hydrogen and downstream mineral processing targeted in new hub

Updated 5 hours ago By: Esmarie Iannucci

Renewable hydrogen, future facing minerals processing and shipbuilding and sustainment has been identified as the three industries targeted by the Western Australian government to transform the... 

Sibanye-Stillwater CEO Neal Froneman.

Sibanye advances carbon neutrality with first utility-scale renewable energy project

29th May 2023 By: Martin Creamer

In its first power purchase agreement, platinum group metals, green metals and gold producer Sibanye-Stillwater has achieved financial close for an 89 MW wind energy project. Under the terms of the... 

DRC President Felix Tshisekedi during his visit to Beijing last week.

China and Congo Presidents meet in Beijing amid mining disputes

29th May 2023 By: Bloomberg

Chinese President Xi Jinping met his counterpart from the Democratic Republic of Congo, Felix Tshisekedi, on Friday in Beijing as the two countries seek to relaunch a partnership worth tens of... 

Australia Trade Minister Don Farrell visited the US over the weekend.

Australia sees 'enormous market' for battery metals in the US

29th May 2023 By: Bloomberg

President Joe Biden’s signature climate policy is helping drive a “golden age of mineral exploration” in Australia, as the US rushes to catch up with China on clean energy technologies, the... 

Hedge funds bet against copper for first time in three years

Hedge funds bet against copper for first time in three years

29th May 2023 By: Bloomberg

Hedge funds are betting against copper on the London Metal Exchange for the first time since the early months of the pandemic — a sharp reversal from just weeks earlier after China’s disappointing... 

Mincor initiates discussions with BHP as it targets full production

29th May 2023 By: Esmarie Iannucci

Nickel miner Mincor on Monday announced that its Kambalda nickel operations, in Western Australia, was on track to achieve its nameplate mining rates by May this year, ahead of schedule. During... 

An image of Mark Cutifani

Cutifani's directorship at TotalEnergies renewed

26th May 2023 By: Tasneem Bulbulia

Energy company TotalEnergies’ shareholders have approved the renewal of the three-year terms as director of Marie-Christine Coisne-Roquette and Mark Cutifani. This approval was granted at a... 

Ratings agency takes note of battery metals potential in sub-Saharan Africa

26th May 2023 By: Marleny Arnoldi

As demand surges for minerals used in low-carbon energy generation and electric vehicles (EVs), commodity-exporting economies in sub-Saharan Africa (SSA) could reap significant rewards, says... 

Metals markets face grueling summer as Chinese demand falters

26th May 2023 By: Bloomberg

Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived below $8 000 a ton and iron ore is trading south of $100 after metals... 

Sagging demand drags copper towards 6th straight weekly loss

26th May 2023 By: Reuters

Copper prices rose on Friday but remained on track for a sixth consecutive weekly loss amid lacklustre demand from top metals consumer China and other markets. Benchmark copper on the London Metal... 

Menar MD Vuslat Bayoglu.

Construction phase of Menar’s new R600m colliery project is in full swing

26th May 2023 By: Martin Creamer

The construction phase of the new Gugulethu Colliery is in full swing. “We’ve started working on the box cut with the anticipation that first coal will be extracted sometime around July/August this... 

China recovery bigger worry than EU carbon tax, Hindalco MD says

China recovery bigger worry than EU carbon tax, Hindalco MD says

26th May 2023 By: Bloomberg

The uncertainty over China’s economic recovery is proving to be a headwind for metal producers in the short-term even as the longer range demand outlook remains robust due to electrification and... 

Teck appoints Ian Anderson as senior VP and CCO

26th May 2023 By: Schalk Burger

TSX-listed copper, zinc and coal miner Teck has appointed Ian Anderson as senior VP and chief commercial officer (CCO), with effect from May 16, 2023. He succeeds Réal Foley, who will retire in... 

WA pCAM project misses out on A$119m gov funding

26th May 2023 By: Esmarie Iannucci

ASX-listed Poseidon Nickel on Friday reported that negotiations between its partner Pure Battery Technologies (PBT) and the Department of Industry, Science and Resources over a conditional... 

Photo of Martin Creamer

Recycled PGMs, circular economy, carbon storage make headlines

26th May 2023

Mining Weekly Editor Martin Creamer recycled platinum group metals; the International Council on Mining and Metals'  focus on aluminium, copper, silicon, steel to accelerate the circular economy;... 

Generic stock image of diamond mining

Consultants can help country navigate energy minerals demand

26th May 2023 By: Cameron Mackay

Owing to the increasing amount of mining activity expected in Botswana – particularly amid increasing demand for minerals such as coal and battery metals – specialist mining services provider... 

Yunus Suleman

Suleman confident in Gold Fields' growth strategy

25th May 2023 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields is confident in its growth strategy, with the latest two corporate transactions – both announced this year – demonstrating the company’s commitment to growth, says... 

Robert Friedland

Friedland says copper market weakness is temporary

25th May 2023 By: Bloomberg

Billionaire mining investor Robert Friedland said the tumble in copper prices is a temporary setback and the metal that’s essential for the decarbonization of the global economy continues to face a... 

BHP confident China property recovery will boost metals demand

BHP confident China property recovery will boost metals demand

25th May 2023 By: Bloomberg

BHP Group is confident China’s troubled property market will turn around in coming months, despite gloomy economic signals pushing iron-ore and copper prices back to levels last seen during the... 

Bunker Hill upsizes financing to restart Idaho mine, agrees offtake

Bunker Hill upsizes financing to restart Idaho mine, agrees offtake

25th May 2023 By: Mariaan Webb

CSE-listed Bunker Hill Mining has announced an upsized and improved project finance package with Sprott Private Resource Streaming and Royalty, which would enable the completion of the restart of... 

ICMM President and CEO Rohitesh Dhawan.

Guidance on how mining should manage human rights impacts updated

25th May 2023 By: Martin Creamer

Updated guidance to help mining companies improve how human rights impacts are managed across the globe has been published by the International Council on Mining and Metals (ICMM).  ICMM members... 

Lifezone Metals CEO Chris Showater

BHP-backed Tanzania nickel miner in talks for offtake contracts

25th May 2023 By: Reuters

BHP Group-backed Lifezone Metals, which is developing a nickel mine in Tanzania, is negotiating supply deals with several electric vehicle manufacturers and battery makers as the race for energy... 

Union at Chile's Centinela copper mine accepts offer to avoid strike

25th May 2023 By: Reuters

The mine supervisor union for Chile's Centinela mine, operated by mining company Antofagasta, accepted contract negotiations to avoid a strike, the union said on Wednesday. 

Image shows melter copper

First copper concentrate marked at Motheo

25th May 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has produced its first copper concentrate from the Motheo mine, in Botswana. The company on Thursday told shareholders that construction of the mine was nearing... 


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