Copper News

Copper mining, investment and price news

Codelco’s new CEO to lead the copper miner’s $25 billion revamp

Cecilia Jamasmie | August 1, 2014
Codelco’s new CEO to lead the copper miner’s $25bn revamp

Nelson Pizarro (73) will carry out the biggest investment plan in Codelco’s history.

Mongolia foreign investment craters 70%

Frik Els | August 1, 2014
Mongolia foreign investment craters 70%

The Asian nation is dependent on foreign investment in the mining sector to fuel growth.

Copper price boost after China manufacturing jumps to 27-month high

Frik Els | August 1, 2014
Copper price boost after China manufacturing jumps to 27-month high

Gauge of economic activity in top commodity consumer at highest since May 2012 on strong domestic demand and an increase in export orders.

AME BC welcomes environmental assessment approval for KSM Mine project in BC

MINING.com Editor | August 1, 2014
AME

Granting of certificate builds certainty for BC's mineral explorers and developers.

Vale Q2 profit down on weak prices from iron glut

Jeffrey Richmond | July 31, 2014
Vale sees iron ore prices coming back to historical levels

Write-downs also hurt bottom line, yet production robust.

IMAGE GALLERY: Throwing the switch on KGHM's Sierra Gorda mine in the Atacama Desert

MINING.com Editor | July 31, 2014
feat sierra gorda

The143-kilometre seawater pipeline is operational

Seabridge Gold's KSM project granted environmental approval

MINING.com Editor | July 30, 2014
british columbia mining

The $5.3 billion KSM project is located on the site of one of the largest copper gold deposits in the world.

Robust copper price prompts switch to aluminum

Frik Els | July 30, 2014
Robust copper price prompts switch to aluminum

It's a trend already established in China where only 25% of insulated and overhead cables use copper versus 60% in developed economies.

Cecilia Jamasmie

Will the KSM project suffer the same fate as Pebble?

Cecilia Jamasmie | July 30, 2014
kerr-sulphurets-mitchell (ksm) indian mask feat

Potential problems in the horizon for Seabridge Gold's proposed gold, copper, silver and molybdenum mine in northern British Columbia, just 30 km from the Alaska border.

BHP firing 6% of workforce in Chile’s Pampa Norte division

Cecilia Jamasmie | July 30, 2014
BHP firing 6% of workforce in Chile’s Pampa Norte division

Division encompasses the Spence and Cerro Colorado copper mines.

BHP to complete Olympic Dam expansion years from now

Cecilia Jamasmie | July 29, 2014
BHP to complete Olympic Dam expansion years from now

The company revealed it will take four years to trial a processing method it hopes will help make the expansion profitable.

Global mining sector on the way up, but recovery still slow

Cecilia Jamasmie | July 29, 2014
Global mining sector on the way up, but recovery still slow

The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.

Industry experts discuss growing minerals demand in committee hearing

MINING.com Editor | July 26, 2014
Industry experts discuss growing minerals demand in committee hearing

Better access to US minerals would encourage manufacturers to return.

Freeport, Indonesia make peace: copper exports to resume in August

Cecilia Jamasmie | July 25, 2014
Freeport, Indonesia make peace: copper exports to resume in August

Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.

Codelco delays $6.8 billion mine expansion, reviews impacts on glaciers

Cecilia Jamasmie | July 25, 2014
Codelco delays $6.8 million mine expansion, reviews impacts on glaciers

The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.

Miners need to overhaul business model to boost productivity: study

Cecilia Jamasmie | July 25, 2014
Miners need to overhaul business model to boost productivity: study

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

This cell phone was charged with apples, potatoes and copper wire

Cecilia Jamasmie | July 25, 2014
This cell phone was charged with apples, potatoes and copper wire

The functional art installation was created outside a shopping centre in London.

Chile’s Escondida mine boosts BHP copper output

Cecilia Jamasmie | July 24, 2014
Chile’s Escondida mine boosts BHP copper output

Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.

Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

Cecilia Jamasmie | July 24, 2014
Freeport to soon restart exports from Indonesia as gov’t offers tax cuts

About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.

Teck Resources' profit hit by lower coal prices

Cecilia Jamasmie | July 24, 2014
Teck Resources' profit hit by lower coal prices

The price drop overshadowed the miner’s coal sales increase during the quarter, which totalled 6.8 million tonnes, compared with 6.3 million tonnes a year earlier.

Pebble Mine will not be built: Friedland

Jeffrey Richmond | July 24, 2014
pebble mine will not be built friedland feat

Legendary mining financier spoke at Sprott Natural Resource Symposium Vancouver.

Tesla retools California plant for Model X SUV

Jeffrey Richmond | July 23, 2014
tesla retools california plant for model x suv feat

Two vehicle models to be built on same assembly line.

UN opens up more deep sea areas for mining, issues seven new licences

Cecilia Jamasmie | July 23, 2014
UN opens up deep sea for mining, issues seven new licences

State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.

Indonesia lifts six-month ban of metal concentrate exports

Cecilia Jamasmie | July 22, 2014
Indonesia lifts six-month ban of metal concentrate exports

The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.

London Metal Exchange traders fined for standing up

Cecilia Jamasmie | July 22, 2014
London Metal Exchange traders fined for standing up

Following a 19th century tradition traders today must sit on the red leather sofas arranged in a 20-foot diameter inner ring.

Joy Global picks Meridium to optimize asset performance and equipment reliability

Joy Global | July 22, 2014
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Joy Global will use the Meridium tools to predict and prevent asset failures and enhance maintenance strategies.

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