Copper News

Copper mining, investment and price news

Oyu Tolgoi 2015 production forecast cut

Frik Els | December 20, 2014
Oyu Tolgoi 2015 production forecast cut

Vancouver's Turquoise Hill lowers output estimates for Mongolian mine to 600,000oz–700,000oz of gold and 175,000t–195,000t of copper in concentrates.

Canada approves world's largest copper-gold project

Frik Els | December 19, 2014
Canada approves world's largest copper-gold project

$9.5bn KSM project in British Columbia boasts reserves of 38m ounces of gold and nearly 10bn pounds of copper – mining 130,000 tonnes a day for 52 years.

Codelco El Teniente mine expansion to take longer, cost $2bn more

Cecilia Jamasmie | December 19, 2014
Codelco El Teniente mine expansion to take longer, cost $2bn more

The touted expansion of the world's largest underground copper mine is two to three years behind schedule and will require $2 billion more than initially planned, said the company.

UK legislators call for an end to forced labour in Eritrea mines

Cecilia Jamasmie | December 19, 2014
UK legislators call for an end to forced labour in Eritrea mines

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

Cecilia Jamasmie | December 19, 2014
Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.

CHART: China vs copper – much better than you think

Frik Els | December 18, 2014
CHART: China vs copper – much better than you think

It's all about the base.

Trevali surges on polymetallic mine restart

Frik Els | December 18, 2014
Trevali surges on polymetallic mine restart

Vancouver-based junior jumps 8.5% after hitting targets for re-start of 100%-owned Caribou zinc-lead-copper-silver-gold mine in New Brunswick, Canada.

Barrick to halt Lumwana mine in Zambia after tax hike

Cecilia Jamasmie | December 18, 2014
Barrick halts Lumwana mine in Zambia after tax hike

The Canadian giant had earlier said it would consider such a move in the event the new tax regime was approbed.

Mining stocks rally across the board

Frik Els | December 18, 2014
Mining stocks rally across the board

Huge advances in all sectors from potash and uranium to copper and gold led by a 10% surge in diversified Canadian heavyweight Teck Resources.

John Williams: a downhill run for the dollar in 2015

The Gold Report | December 17, 2014
Soap bubbles on blue sky

Rosy GDP numbers may have cheered the masses, but John Williams of ShadowStats.com says we're a long way from prosperity.

Be bold and seek the sizzle, says VSA Capital's Paul Renken

The Mining Report | December 16, 2014
mining open pit

He seeks the "sizzle," or the narrative, in mining equities because the sizzle moves the story.

Miners back to work at Peru’s Antamina copper mine

Cecilia Jamasmie | December 15, 2014
Miners back to work at Peru’s Antamina copper mine

This was the second time that Antamina’s workers down tools in about a month over demands for a bonus and other benefits.

Newcrest, Harmony set to build one of the world's lowest-cost gold mines

Cecilia Jamasmie | December 15, 2014
Newcrest, Harmony set build one of the world's lowest-cost gold mines

The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.

Senate passes huge Arizona copper mine

MINING.com Editor | December 15, 2014
usa_congress_youtube_capture

The United States Senate has passed a controversial land swap deal, paving the way for the country's largest copper mine to move forward, following close to a decade of roadblocks by Washington.

Steve Todoruk explains where he’s speculating now

Sprott's Thoughts | December 12, 2014
exploration geology mining

Mining companies will pay ‘top dollar’ for the next discovery that could be turned into a profitable mine.

Visual Capitalist

INFOGRAPHIC: video – a vision of the mining company of the future

Visual Capitalist | December 11, 2014

The video outlines a new framework being developed called the Development Partner Framework.

BHP moves away from iron ore to focus on new darling: copper

Cecilia Jamasmie | December 11, 2014
BHP moves way from iron ore to focus on new darling: copper

Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.

New strike hits Peru's largest copper mine

Cecilia Jamasmie | December 11, 2014
New strike hits Peru's largest copper mine

Unionized workers at Antamina downed tools at midnight Wednesday.

Turn a 200kt copper surplus into 1.6mt deficit in 3 easy slides

Frik Els | December 10, 2014
Turn 200kt copper surplus into 1.6mt deficit in 3 easy slides

Glencore says 2015 supply forecasts are way too optimistic and the Swiss commodities giant has the charts and tables to prove it

Hochschild slashes management pay, turns chairman into non-executive

Cecilia Jamasmie | December 10, 2014
Hochschild slashes management pay, turns chairman into non-executive

The miner has set out changes to the chairman's role and, as part of its on-going cost cutting program, is further cutting board pay.

Confronting the potential extinction of a Canadian institution

CEO.CA | December 10, 2014
stock market mining prices

To a packed crowd in Vancouver yesterday, veteran junior resource analyst John Kaiser gave a presentation hosted by AME BC entitled, Confronting the Potential Extinction of a Canadian Institution.

Vietnam’s emerging nickel-sulphide district

Frik Els | December 9, 2014
Vietnam’s emerging nickel-sulphide district

Asian Mineral Resources blazes a trail in South East Asia.

Larger players account for 40% of global exploration budgets

SNL Metals & Mining | December 9, 2014
Low metal prices put chill on global mineral exploration

A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion worldwide exploration total.

Anglo American struggling to meet targets, mulls coal assets sale

Cecilia Jamasmie | December 9, 2014
Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

From Babylon to beyond – human rights development in mining

Wardell Armstrong | December 8, 2014
human-rights-from-babilon-to-beyond

Whether it’s the development of a new mine in Central Africa or fracking in the English Home Counties, the scope for complex and sensitive human rights issues to arise is very real.

Forget ‘NewCo’: BHP Billiton spin-off named South32

Cecilia Jamasmie | December 8, 2014
Forget ‘NewCo’: BHP Billiton spin-off named South 32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

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