Copper News

Copper mining, investment and price news

CFSI enables companies to comply with new EU Conflict Minerals rules

CF2

Conflict-Free Sourcing Initiative Expands Geographic Scope, Adopts Risk-Based Approach

Life hasn’t come back to Canada’s mining sector just yet — report

Cecilia Jamasmie | May 28, 2015
Life hasn’t come back to Canada’s mining sector just yet — report

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

Amur Minerals rises and falls on licence to mine nickel, copper in Russia

MINING.com Editor | May 28, 2015
Amur Minerals rises and falls on licence to mine nickel, copper in Russia

On Thursday the stock lost over 7%, closing at 18.30 pounds, after having skyrocketed almost 120% from May 22 to May 26.

Teck reacts to depressed coal prices by halting production at Canadian mines

Cecilia Jamasmie | May 28, 2015
Teck idles mines

The company says each of its six mines will be shut down for three weeks in the third quarter.

Chile regulator seeks sanctions against Lundin’s Candelaria mine

Cecilia Jamasmie | May 27, 2015
Chile regulator seeks sanctions against Lundin’s Candelaria mine

Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious.

Study: Climate affects copper deposits

Climate has a strong impact on copper resources, according to a new research by the University of Idaho and the University of Michigan.

Tesla Storage announcement is another piece of the puzzle in renewable energy hybrid markets

THEnergy observes increasing interest in storage solutions from industrial off-grid end-customers and project developers.

Chile’s Codelco sues Vale, Brazilian Department of Mines over exploration license

Cecilia Jamasmie | May 26, 2015
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After spending over US$3.3 million in exploration and development of the Liberdade copper project, Codelco is facing Vale's claims that it has an older and still valid licence for the property.

Cecilia Jamasmie

China’s Zijin inks deals with two Canadian firms on the same day

Cecilia Jamasmie | May 26, 2015
China’s Zijin grabs stake in two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

Barrick sells 50% in Papua New Guinea unit to China's Zijin

Cecilia Jamasmie | May 26, 2015
Barrick sells 50% in Papua New Guinea unit to China's Zijin

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.

Africa's natural resources must carry more local value-added – Cristina Duarte, Candidate for President of the African Development Bank (AfDB)

Practical ideas, actions and proposals aimed at fostering Africa's Development.

Barrick sells Cowal mine to Evolution Mining for $550 million

Cecilia Jamasmie | May 25, 2015
Barrick sells Cowal mine to Evolution Mining for $550 Million

With the acquisition Evolution Mining will become Australia's second largest gold producer.

State of emergency in Peru as anti-mining violence leaves 4 dead, dozens arrested

Cecilia Jamasmie | May 25, 2015
State of emergency in Peru as anti-mining violence leaves 4 dead, dozens arrested

The move suspends civil liberties, allowing police and troops to enforce curfews in an effort to end two months of fresh violence in Arequipa.

Can the mining industry diversify itself?

The mining industry is said to be one of the worst performers in matters of gender diversity. In fact, women represent only 16% of the workforce in the mining sector.

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.

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

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.

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