Copper News

Copper mining, investment and price news

Denham Capital's Caroline Donally on private equity in mining

Frik Els | April 17, 2015
Denham Capital's Caroline Donally on private equity in mining

Director of $1bn fund discusses Denham's unique approach, the vibrant parts of the M&A market and what juniors should do to attract capital.

BHP, Rio face hard choices as ore woes set in

Herald Sun | April 17, 2015

Once the darlings of the local market, BHP Billiton and Rio Tinto now face a rocky road as investors accept the reality that lower iron ore prices will last for longer.

Codelco to unveil plan to speed up delayed Chuquicamata mine expansion

Cecilia Jamasmie | April 16, 2015
Codelco to unveil plan to speed up delayed Chuquicamata mine expansion

The plan seeks to tackle an almost yearlong delay in the project to turn century-old Chuquicamata open pit mine into an underground operation.

Southern Copper's $1.2bn Toquepala mine expansion OK’d

Cecilia Jamasmie | April 16, 2015
Southern Copper's $1.2bn Toquepala mine expansion OK’d

The expansion will boost the capacity of the Peruvian mine's copper concentrator to 120,000 tonnes per day from 60,000.

Thousands stand up for Canadian mine threatened with closure in Greece

Cecilia Jamasmie | April 16, 2015
Thousands stand up for Canadian mine threatened with closure in Greece

About 4,000 people protested Thursday in Athens against the government decision to revoke Canada's Eldorado Gold Corp.'s licence to develop a gold mine in Skouries.

Codelco spending $25 billion just to keep output steady

Frik Els | April 15, 2015
Codelco El Teniente mine expansion to take longer, cost $2bn more

$5 billion a year for five years will merely replace exhausted mine capacity says CEO of world's largest copper company.

Study: New projects need a $3.50 copper price

Frik Els | April 15, 2015
Study: New projects need a $3.50 copper price

Copper price hasn't traded at those levels for two years.

$8m grant awarded to Artisanal Gold Council to develop the sector in Peru

Artisanal Gold Council | April 15, 2015
Peru’s illegal mining brings in over $3 billion a year: authorities

The grant will help fund a project to be carried out in Peru over the next five years focused on the sustainable development of a responsible artisanal gold sector.

GRAPHIC: Mongolia needs Oyu Tolgoi more than Rio does

Frik Els | April 14, 2015
Mongolia needs Oyu Tolgoi

Once the fastest growing economy in the world, foreign direct investment in Mongolia collapsed over the space of just two years.

Zambia dumps mining royalty hike, settles at 9%

Cecilia Jamasmie | April 14, 2015
Zambia dumps mining royalty hike, settles at 9 percent

The government intends to set its mining royalties at 9% for both open-pit and underground mines.

Expect talent-driven mining M&A: Headhunter

CEO.CA | April 13, 2015
hudbay-minerals-reports-q1-loss-

Today Andrew’s talking about the ebbs and flows of his MRG business. He tells me President and CEO searches are not where he’s making his money these days, it’s the operations roles.

Christos Doulis separates the precious metals saints from the sinners

The Gold Report | April 13, 2015
market shutterstock 333

In this interview with The Gold Report, Doulis says he remains hopeful that this is the year things take a positive turn, but in case we see more of the same, he recommends a few low-cost producers with saintly management teams that keep delivering on promises.

Move over Codelco: Freeport plans to be the world’s No.1 copper miner

Cecilia Jamasmie | April 13, 2015
Move over Codelco: Freeport plans to be the world’s No.1 copper miner

But China’s slowdown, rising costs and falling prices may get in the way.

Vancouver miner said to be in Davis sights surges

Frik Els | April 10, 2015
capstone_cozamin_mexico_copper

A report out by Bloomberg speculates that Mick Davis' X2 Resources $5.6 billion private equity fund is closing in on Canadian target.

Southern Copper’s Tia Maria safe for the environment — Peru minister

Cecilia Jamasmie | April 10, 2015
Southern Copper’s Tia Maria safe for the environment — Peru minister

Minister of the Environment Manuel Pulgar-Vidal said the debated and long-delayed copper mine won’t hurt water supplies as opponents claim.

Mick Davis first deal to land in Canada: report

Cecilia Jamasmie | April 10, 2015
Mick Davis first deal to land in Canada: report

Davis is said to be finalizing talks with a Toronto-listed miner, in a deal that could kick-off a long awaited buying spree.

Quebec mining fund ready to pull trigger on $1bn investments

Frik Els | April 8, 2015
Quebec fund ready to pull trigger on $1bn mine investments

Quebec's $1 billion Capital Mines Hydrocarbures fund is close to buying equity stakes in mining projects outside iron ore worth as much as $200m a shot.

Nice bump for Lundin on Candelaria reserves update

Frik Els | April 8, 2015
The Lundin’s look to Chile for copper’s next run

Two new deposits extend mine life at Chile mine bought for $1.8bn by 190,000 tonnes contained metal and three years.

Canada’s Quebec re-launches less ambitious Plan Nord

Cecilia Jamasmie | April 8, 2015
Canada’s Quebec re-launches less ambitious Plan Nord

The province now expects to attract Cdn$50 billion in investment, down from its 2011 forecast of Cdn$80 billion.

The problem with water is that we seldom have the right amount

Michael Allan McCrae | April 8, 2015
dirk van zyl mine water solutions conference

Mine Water Solutions conference scheduled for Vancouver mid-April.

Tanzania's mining sector changes economic growth

AllAfrica.com | April 8, 2015

Mining is one of the leading sectors in Tanzania, with the value of mineral exports increasing each year.

Signs of life for mining M&A

Cecilia Jamasmie | April 8, 2015
Wave of mining deals expected this year amid commodity rout — report

Mining transactions almost doubled last year and the trend is likely to stretch over 2015, as lower commodity prices are making some unprofitable.

Australia treasurer vows to block Glencore-Rio Tinto merger

Cecilia Jamasmie | April 8, 2015
Australia treasurer vows to block Glencore-Rio Tinto merger

This wouldn’t be the first time Hockey hinders a major corporate deal in Australia.

World’s largest copper producer Chile slashes 2015 output forecast

Cecilia Jamasmie | April 7, 2015
World’s largest copper producer Chile slashes 2015 output forecast

Mostly due to a lower estimate from Anglo American's projects and the Zaldivar mine, which is operated by Barrick.

Nautilus Minerals resumes undersea mining exploration

Cecilia Jamasmie | April 7, 2015
Nautilus Minerals resumes undersea mining exploration

The goal is to expand Nautilus’ Seafloor Massive Sulphide prospect inventory around Solomon Islands, located east of Papua New Guinea.

Appointment of South32 non-executive directors

BHP Billiton | April 7, 2015

BHP Billiton has announced four additional appointments to the Board of Directors of South32.

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