Loading
Glencore to buy Pan American’s share in Argentine copper project for $475 million
Mining company Pan American Silver Corp said it intends to sell its 56% stake in Argentina's Minera Agua Rica Alumbrera copper project to Swiss commodities giant Glencore for $475m. The MARA project, in Argentina's Catamarca province, was created in December 2020...
Copper: Codelco sees lower production and more shutdowns in 2023
Chilean state mining company Codelco on Friday cut its copper production forecast for 2023 and said it expects more production stoppages in the second half of the year, following months of declines. The company expects annual production to be between 1.31 million...
Rusal evaluates restart of aluminium smelter in Nigeria
Russian aluminium producer Rusal and the Nigerian government are discussing the possible restart of the Alscon smelter in Nigeria, which was suspended as loss-making 10 years ago. Alscon produced 22,000 tonnes of aluminium in 2012, 11% of its annual production...
Aluminium: three Japanese deals reported for Q3 premium as delays continue to lengthen
On 28 July, Western producer sources reported three Japanese agreements on the third quarter aluminium premium. One deal was reported by a Western producer source for a shipment of more than 1,000 tonnes per month in the July-September period and was concluded at...