Antofagasta H1 profit drops due to lower Cu production and higher costs
Chile-based miner Antofagasta, one of the world’s major copper producers, has announced its copper production in H1 2022 was 268,600
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Base Metals
South32 grew its share of aluminium production by 5%
South32 grew its share of aluminium production by 5% in the June 2022 quarter as it closed the acquisition of
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Jubilee Metals: Investment in SA and Zambia has reshaped the company
Jubilee Metals Group PLC, a diversified leader in metals processing with operations in Africa, has announced that its key achievement
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Metals X: Renison mine pushes through rough quarter
Metals X has released results from what appears to have been a challenging quarter on multiple fronts. During Q2 2022,
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Hydro to invest NOK 500 million in aluminium recycling in the U.S.
Hydro will invest NOK 500 million in its extrusion plant in Cressona, Pennsylvania. The investment will expand the site’s recycling
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BHP: Total copper production decreases by four per cent
In its Operational Review for the year ended 30 June 2022, BHP has reported that total copper production decreased by
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Freeport-McMoRan: copper, gold and molybdenum production up in Q2
Freeport-McMoRan, the world’s second largest copper miner, announced today that the company produced 1,075 million pounds of copper in Q2
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TIN: Rusolovo back on track with strong Q2
Rusolovo recovered from a poor Q1 to equal second quarter results from last year. Tin production of 712 tonnes, was
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Tungsten West devises new Hemerdon development plan
Following a three-month review, Tungsten West has announced an updated development plan for its Hemerdon tungsten-tin project in Devon, UK.Tungsten
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First Quantum: total Q2 2022 copper production was 192,668 tonnes
TORONTO – In Q2 2022, First Quantum Minerals reported gross profit of $629 million, EBITDA of $906 million, net earnings attributable
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China’s imports of refined tin halved in June
In September 2021, prices on SHFE overtook the LME to open an import arbitrage, encouraging metal into China. With the global supply
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Alphamin announces record quarterly tin production
MAURITIUS – Alphamin Resources Corp., a producer of 4% of the world’s mined tin from its high grade operation in
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Cornish Metals presses ahead with processing work
Cornish Metals has announced that it has commenced a new drilling programme at South Crofty, as part of the project’s Feasibility Study. Cornish
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Jubilee: new cobalt circuit commences commissioning
Jubilee’s copper strategy in Zambia includes, as its first phase, the implementation of its Southern Refining Strategy which targets to
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Tax change to challenge Myanmar miners
The Wa State government has raised export tariffs on mineral products – including tin – as it attempts to navigate
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Alphamin hits new record, mine not for sale
Alphamin‘s latest quarter saw the company achieve record tin production, surpassing levels set in the previous period.During the second quarter,
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The tin market trades around the US$ 25,000/tonne
The tin market appears to be catching its breath at the moment. After three months of almost relentless selling, the
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Jubilee Metals: Zambia operations progress update
Jubilee Metals Group, a leader in metals processing with operations in Africa, has announced an update at its Zambian operations
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Anglo American announces first copper production from Quellaveco Project
Anglo American announces first production of copper concentrate from its Quellaveco project in Peru – a major milestone as Quellaveco
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Chinese and Indonesian smelters reduce output amid low tin prices
Tin prices hit new lows for the year in the last week on the back of further macro negativity. While
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TinOne Resources receives assay results from Great Pyramid project
Tin mineralisation at Great Pyramid was first discovered in 1911. Some small scale mining took place, but significan exploration didn’t
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TIN: Trenares results confirm Cornish’s hunch
Cornish Metals has received the first assay results from its recent drilling campaign at its United Downs project.The company is
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TIN: Indonesian investment plan requires clarity
Indonesia is increasingly looking to leverage its natural resources to help grow its economy. Dr Robert Leonard Marbun, senior adviser
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Idaho cobalt project on track for commissioning in Q3 2022
Jervois Global said today that its Idaho Cobalt Operations (“ICO”) capital project schedule and costing review has led to Jervois
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Rising ESG demands pose new challenges and opportunities for tin
Increased consumer awareness, investors and regulators are growing the demand for responsibly sourced tin. Sustainable tin is key to achieve
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Smelters reduce their output to lessen the effect of tin volatility
Smelters in China will reduce their output over the next month due to a combination of scheduled maintenance and lower
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TIN: Myanmar exports drop on major port closure
Chinese imports of tin ores and concentrates from neighbouring Myanmar dropped considerably in April as the closure of a major
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Rio Tinto to revise funding arrangements with Turquoise Hill Resources
LONDON – Rio Tinto has agreed to amend the previously agreed funding plan with Turquoise Hill Resources (TRQ) (9 April,
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Jubilee’s copper refining strategy is to produce 12 000 tpa of copper
The first phase of Jubilee Metals’ copper strategy in Zambia includes the implementation of its Southern Copper Refining Strategy which
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Hydro invests NOK 63 million in recycling in Årdal
Hydro has decided to upgrade and restart the primary foundry alloy (PFA) casthouse at the aluminium plant in Årdal. “We
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