Copper News

Copper mining, investment and price news

Zambia’s new leader to keep polemic mining tax

Cecilia Jamasmie | January 26, 2015
Zambia’s new leader to keep polemic mining tax

Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.

Mining stocks fall as copper, iron ore price reach new lows

Frik Els | January 24, 2015
Mining stocks fall as copper, iron ore price reach new lows

Heavy selling across the board as commodities reach fresh multi-year lows, forecasts are slashed and weakness returns to precious metals.

Centerra a step closer to moving gold project in Mongolia forward

Cecilia Jamasmie | January 23, 2015
Centerra a step closer to moving gold project in Mongolia forward

The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.

Anglo American mulls sale of more coal mines in Australia

Cecilia Jamasmie | January 23, 2015
Anglo American mulls sale of more coal mines in Australia

The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.

Baja Mining's long-delayed and almost dead El Boleo finally reaches production

Cecilia Jamasmie | January 23, 2015
Baja Mining's long-delayed and almost dead El Boleo finally reaches production

Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.

World Bank: Commodities falling like it's 1985

Frik Els | January 23, 2015
World Bank: Commodities falling like it's 1985

Organization predicts a rare occurrence in 2015: a decline in all nine commodity indices with industrial metals falling another 5%; precious metals down 3%.

Brent Cook: don't buy crap

CEO.CA | January 22, 2015
2014 junior mining forecasts with top analyst picks

At the Cambridge House Vancouver Resource Investment Conference this past Sunday and Monday, we had the chance to ask respected mining analyst Brent Cook for his outlook on the sector for which he is best known.

Peruvian rare earth discovery richer than initially thought

Cecilia Jamasmie | January 22, 2015
Peruvian rare earth discovery richer than initially thought

Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.

Colombian gold CEO involved in $970m laundering case arrested

Cecilia Jamasmie | January 22, 2015
Colombian gold CEO involved in $970m laundering case arrested

Prosecutors claim the gold company and its top executives are at the centre of a money-laundering scheme involving cocaine traffickers.

Global mining sector ended 2014 on a disappointing note: report

Cecilia Jamasmie | January 21, 2015
Global mining sector ended 2014 on a disappointing note: report

December is a period that sees lower levels of exploration and resource announcements, and last month was every bit as disappointing as expected, an SNL report shows.

China’s alleged intentions to mine Antarctica spark global debate

Cecilia Jamasmie | January 21, 2015
China’s alleged intentions to mine Antarctica spark global debate

New evidence has emerged of China's interest in digging for oil, gas a minerals in the frozen continent.

BHP breaks production records, but copper output drops

Frik Els | January 21, 2015
BHP warns more cost cuts, management shake up before demerger

World number one miner BHP Billiton achieved record production for eight operations and five commodities over the last six months.

Glencore likely to slash spending on coal, oil — HSBC

Cecilia Jamasmie | January 20, 2015
Glencore likely to slash spending on coal, oil — HSBC

The global miner and commodities has estimated spending on oil projects for this year and next of $2 billion and $1 billion on coal expansions.

Which commodity horses will be up and which down on Joe Reagor's merry-go-round?

The Mining Report | January 20, 2015
man-watching-stock-market-screen-333

Metals are like horses in a merry-go-round, believes Joe Reagor of ROTH Capital—as some rise, others fall.

Rio Tinto digging up more iron ore despite slumping prices

Cecilia Jamasmie | January 20, 2015
Rio Tinto digging up more iron ore despite slumping prices

The world’s second largest iron ore miner is targeting a 18% output increase this year, adding to a mounting global glut that has driven down the commodity price.

Taseko, Wilderness Committee square off in court

Business in Vancouver | January 20, 2015
Taseko Mines buying Curis Resources for Arizona copper project

Wilderness Committee is in court this week defending itself against a defamation suit over the New Prosperity Mine.

Turquoise Hill output at higher end of target

Frik Els | January 19, 2015
Turquoise Hill output at higher end of target

Higher grades boost fourth quarter production despite concentrator fire at Oyu Tolgoi in Mongolia.

Antofagasta buys Canada’s Duluth Metals, warns lower margins ahead as copper falls

Cecilia Jamasmie | January 19, 2015
Antofagasta buys Canada’s Duluth Metals, warns lower margins ahead as copper falls

With Duluht’s acquisition, Antofagasta takes control of the Twin Metals project, located in north-eastern Minnesota, which is set to become its first operation outside Chile.

Eric Coffin: is market sentiment shifting to gold?

The Gold Report | January 19, 2015
dark-tunnel-mine-with-light-333

So where do investors go looking for returns? Eric Coffin suggests gold, both bullion and stocks.

Most copper producers in Zambia losing money — Chamber of Mines

Cecilia Jamasmie | January 19, 2015
Most copper producers in Zambia losing money — Chamber of Mines

The situation may soon change, as authorities have began talks with the country’s top miners, signalling the possibility of a compromise over the country’s new tax regime.

B.C. upholds certificates for two controversial mines

Canadian Press | January 18, 2015

The B.C. government is extending environmental assessment certificates for two controversial mine projects in the province.

Mount Polley mine on track for restart

Andrew Topf | January 18, 2015
Imperial Metals new copper and gold mine ready to begin production

Beleaguered Imperial Metals (TSX:III), whose Mount Polley mine in central British Columbia breached a tailings pond last summer, has submitted a plan to restart the copper and gold mine.

Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

Cecilia Jamasmie | January 16, 2015
Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

This is Aaron Regent’s first acquisition since founding Toronto-based Magris Resources.

Lust for gold eating up the world’s last rainforests: study

Cecilia Jamasmie | January 16, 2015
Lust for gold eating up the world’s last rainforests: study

Artisanal and illegal gold mining is fast extending its destructive reach into some of the world’s most untouched landscapes.

Norton Rose Fulbright

Defending mineral tenure in Canada against foreign court orders

Norton Rose Fulbright | January 15, 2015
mining claim 333

A mineral exploration company faced an unusual situation recently, when Ontario mining officials enforced foreign orders against mining claims for which the company had recorded its interest.

These are the top 10 global mining trends for 2015

Cecilia Jamasmie | January 15, 2015
These are the top 10 global mining trends for 2015

Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.

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