By Alex MacDonald
COMMODITIES titan Glencore International has struck a $480 million deal to boost its stake in a Congolese copper and cobalt mine called Mutanda, marking its first significant step in a plan to merge the asset with its adjacent Kansuki mine.
Mutanda is one of Glencore’s key growth assets and is located in Central Africa’s copper belt where Glencore already owns indirect Read more
Countries dependent on Chinese supply of strategic metals are pursuing strategies to respond to potential shortages of these metals. But while China’s dominance is causing due cause for concern, it also opens up opportunities for juniors developing alternative supplies outside China, writes Liza Mayer.
Exclusive to resourceINTELLIGENCE
Copper, alongside most other base metals, put up a lackluster performance in 2011 with the red metal ending the year down 21% at $7600 per tonne; however, many analysts are anticipating a recovery in the base metals complex, including copper, in 2012.
By Zig Lambo
The Critical Metals Report: Most resource stock investors are focused primarily on the precious metals and copper and, to some extent, the rare earth elements (REEs), which have gained increasing coverage in the past few years. Base and industrial metals such as nickel, manganese and cobalt seem to attract little investor interest. Why is that? Read more