Copper News

Copper mining, investment and price news

World Bank, IMF, UNDP and Diplomatic Reps Tour Sicomines Project to Observe Progress of the DRC’s First Infrastructure-For-Minerals Partnership Mines

DRCthumb

Facilities scheduled to start production in the fall of 2015; seen as model for future foreign investment and development projects

Cecilia Jamasmie

Struggling Argentina expects US$14 billion in mining exports

Cecilia Jamasmie | May 21, 2015
Struggling Argentina expects US$14 billion in mining exports

The return to higher exports would be driven in part by at least 16 major projects likely to go into production within five years.

Chile calls for better mining industry recognition of enviro-social concerns to avoid project stranding

Field Public Relations | May 21, 2015
Barrick's Pascua Lama workers drop strike

Chile, the world’s biggest copper producing country, has warned that the global resources sector needs to pay far more attention to its environmental and social licence obligations if new projects worth billions of dollars are to get up.

Chile strikes BHP Billiton copper project off development timeline

Copper sector needs nine Escondida mines over next decade to meet global demand: Rio Tinto

The Chilean government has removed BHP Billiton's US$4 billion Spence copper expansion project from its 10-year development timeline, saying it expects the world's largest miner will miss its targeted deadline of first production by 2020.

EU lawmakers surprise with vote on ‘blood metals’ ban

Cecilia Jamasmie | May 20, 2015
EU lawmakers surprise with vote on ‘blood metals’ ban

The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.

Australian miners warned not to ignore ties between Latin America, Asia

Field Public Relations | May 20, 2015
australian-miners-warned-not-to-ignore-latin-america-asia

The increasing engagement of Latin America with Asia may potentially be at the expense of Australia’s traditional sense of right to be a major Asian player, expert says.

Mitsui mulls expanding into food, drugs sectors to offset profit drop

Cecilia Jamasmie | May 20, 2015
Mitsui mulls expanding into food, drugs sector to offset profit drop

The firm created a new division in April to evaluate deals in those areas, and in the past six months has made mining infrastructure-related investments in the U.S. and Africa.

Gwen Preston - Resource Maven

Eight picks from four experts

In two weeks, four of today’s top experts in the metals and mining sector are gathering at the inaugural Metals Investment Forum to introduce some of their best bets for profiting in the upcoming turnaround.

Peruvian discovery may hold ‘hidden pool’ of rare earths

Cecilia Jamasmie | May 19, 2015
Peruvian discovery may hold ‘hidden pool’ of rare earths

Capacscaya also has significant amounts of copper, zinc, cobalt, aluminum and iron ore.

Global gold, copper, iron ore output down in Q1 — report

Cecilia Jamasmie | May 19, 2015
Global gold, copper, iron ore output down in Q1 — report

Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.

Oil sands stakeholder gives Imperial Metals a $25 million helping hand

Cecilia Jamasmie | May 19, 2015
Oil sands stakeholder gives Imperial Metals a $25 million helping hand

The loan will be used for the development of the company's Red Chris gold and copper mine in northwest British Columbia.

Turquoise Hill rockets on Oyu Tolgoi funding deal

Frik Els | May 18, 2015
Turquoise Hill rockets on Oyu Tolgoi funding deal

Shares in Vancouver firm up 12% after parent Rio Tinto and Mongolia sign landmark deal to fund $5 billion underground expansion of giant copper-gold mine.

Europe set to adopt voluntary conflict mineral law

Frik Els | May 18, 2015
Europe set to adopt own conflict mineral law

Providing proof of origin of tin, tantalum, tungsten, and gold near conflict zones voluntary under law to be adopted this week.

Why Ricardo Carrión and Alberto Arispe are optimistic about mining in Peru

The Gold Report | May 18, 2015
Miners back to work at Peru’s Antamina copper mine

Arispe and Carrión highlight the mining-friendly government, the new production from many sources and point to several juicy projects that lack only the means to further unlock Peru's mineral riches.

China Gold cranks gold, copper production in Q1

Andrew Topf | May 17, 2015
Huge $16 billion gold deposit discovered in China

A doubling of mill processing capacity at the CSH Gold Mine in Inner Mongolia is credited for a 51 percent increase in gold production at China Gold International Resources Corp. (TSX:CGG) in the first quarter.

S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets

Cecilia Jamasmie | May 15, 2015
S. Africa chamber of mines refutes Govt. data, says members meet black ownership targets

Saying that just over 20% of miners had met the black economic empowerment criteria is to tun a blind eye to the progress members have made so far, claims the ming group.

Eric Coffin – pinpoints the mining companies with resources that are right for today's market

The Gold Report | May 14, 2015
Reports review mining

In this interview with The Gold Report, he suggests some companies with resources that not only make sense but could make even more sense to larger companies.

Nautilus Minerals named to 2015 OTCQX Best 50

Nautilus Minerals Inc. | May 14, 2015

Nautilus Minerals Inc. is pleased to announce it has been named to the 2015 OTCQX® Best 50, a ranking of 50 top performing companies traded on the OTCQX Best Marketplace last year.

Gwen Preston - Resource Maven

Meet management. They matter most.

Mining markets are at a bottom. That much is clear.

Cecilia Jamasmie

Copper, nickel prices likely to be hit by El Niño event

Cecilia Jamasmie | May 13, 2015
Copper, nickel prices likely to be hit by El Niño event

The recurring phenomenon — a warming of the Pacific Ocean as part of a complex cycle linking atmosphere and ocean — has in the past affected mine output, triggering price spikes.

Giving up on iron ore best option for Anglo American — Investec

Cecilia Jamasmie | May 13, 2015
Giving up on iron ore best option for Anglo American — Investec

The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.

Taseko: Court approves judicial review of New Prosperity mines decision

Business in Vancouver | May 12, 2015

The Federal Court has rejected an application by Taseko Mines Ltd. (TSX:TKO) to sue the federal government for rejecting its gold-copper mine in the Cariboo-Chilcotin, but will allow judicial reviews to proceed.

Eric Coffin of HRA Advisories

Who to believe?

Markets, or rather the inter-relationships between markets, just seem to get stranger.

Major blow to illegal mining in Colombia’s Amazon: 59 arrested

Cecilia Jamasmie | May 12, 2015
Major blow to illegal mining in Colombia’s Amazon: 59 arrested

The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.

Chris Mancini's high-quality gold miners that have positioned themselves well in the downturn

The Gold Report | May 11, 2015
gold statuettes

Mancini advises investors to go for the best of the best: gold miners with cash flow, great balance sheets, low costs and good management.

Rio’s new coal chief sees commodity recovery in the ‘very’ far distance

Cecilia Jamasmie | May 11, 2015
Rio’s new coal chief sees commodity recovery in the ‘very’ far distance

Jean-Sébastien Jacques thinks it will take three to four years for thermal coal prices to recover.

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