Copper News

Copper mining, investment and price news

Expansion of Chile’s Sierra Gorda mine may cost up to $2bn

Cecilia Jamasmie | March 5, 2015
http://www.mining.com/wp-content/uploads/2015/03/expansion-of-chiles-sierra-gorda-mine-may-cost-up-to-2-billion-dollars.jpg

Majority owner KGHM International also said it is sticking to its commitment to invest US$9 billion over the next five years.

Why this new gold find interests me as a speculator: Steve Todoruk

Sprott's Thoughts | March 6, 2015
turkey, city scene and forest - 333

A little-known gold exploration company in Turkey is attracting the interest of speculators in the junior resource sector.

IMAGE GALLERY: The M&A deals that defined the commodity super-cycle

Globe and Mail | March 6, 2015

These were the six mining transactions that defined the current deal-making landscape.

Visual Capitalist

INFOGRAPHIC: Copper's contribution the the EU's circular economy

Visual Capitalist | March 5, 2015

Copper is one of the most important materials for infrastructure and circuitry, and therefore it is needed in large amounts to build skyscrapers, vehicles, homes, and other important items.

Favourable tax measures announced for mining investors

The government has extended the 15% Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2016.

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

Cecilia Jamasmie | March 5, 2015
Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

Colombia to speed approval of permits, crack down on illegal miners

Cecilia Jamasmie | March 4, 2015
Colombia to speed approval of permits, vows ‘zero tolerance’ to illegal miners

The country wants investors back and has vowed to reduce the time it takes to process permits to less than two months.

Mongolia’s ancient silver mines highly polluting: study

Cecilia Jamasmie | March 4, 2015
Mongolia’s ancient silver mines highly polluting: study

Geologists found evidence of large amounts of silver smelting that ended up contaminating a vast area in southwest China.

Could copper help prevent cancer spread?

Andrew Topf | March 4, 2015
Copper-based experiment leads academic to find new way to treat cancer

New research from Bielefeld University in Germany has copper playing a leading role in the fight against cancer.

Peru mining output rises on zinc, silver, lead

Business News Americas | March 3, 2015
Chinese investment to make Peru world’s second-largest copper producer

Peru's mining production rebounded 5.8% in January as output of most major metals rose, the government said in a preliminary report.

Focus on Latin American mining industry

The region of Latin America covers one-sixth of the Earth and produces more than its share of the world’s three most important metals – iron ore, copper and, of course, the ubiquitous gold.

Red Chris Mine begins trucking concentrate

Marketwired | March 3, 2015

Commissioning of the flotation circuit with low grade ore commenced on February 15.

Greece deals major blow to Eldorado’s Skouries mine

Cecilia Jamasmie | March 2, 2015
Greece deals major blow to Eldorado’s Skouries mine

The company said it has been blocked from completing construction of a processing plant at the site.

Poor market conditions put major chill on global exploration

Cecilia Jamasmie | March 2, 2015
Poor market conditions put chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

Here's why the copper price is rallying

Frik Els | February 26, 2015
Here's why copper price is rallying

Beijing preps New Year's gift and new report points to another 20% rise from here.

Reopening of controversial Spanish copper mine sparks heated debate

Cecilia Jamasmie | February 26, 2015
Reopening of controversial Spanish copper mine sparks heated debate

The contract has been awarded to a consortium headed by Grupo Mexico, the same company responsible of a major toxic spill in Sonora last year.

Poor provincial grade disputed by BC mining group

Cecilia Jamasmie | February 26, 2015
poor-provincial-ranking-disputed-by-bc-mining-group

The Association for Mineral Exploration British Columbia says the province still top destination for companies and investors.

UPDATED: The world's top 10 gold producers

Vladimir Basov | February 26, 2015
UPDATED: The world's top 10 gold producers

Number one Barrick Gold's output drops in 2014, but fellow Canadian firm Agnico Eagle adds 30% to production ounces.

Copper price jumps to 6-week high after Chinese factory data

Frik Els | February 25, 2015
Copper price jumps to 6-week high after Chinese factory data

Red metal has now clawed back 62% of its 2015 losses after Chinese manufacturing expands for the first time in four months.

Will a dry spell in Chile curb a global oversupply of copper?

Cecilia Jamasmie | February 25, 2015
Chile’s dry spell to weigh on global copper oversupply

A raging seven-year drought affecting copper-rich Chile is making miners grow anxious, with BHP and Anglo American already reporting an impact in their operations.

Rio's Turquoise Hill gets rid of remaining stake in SouthGobi

Cecilia Jamasmie | February 25, 2015
Rio's Turquoise Hill gets rid of remaining stake in SouthGobi

Chinese Novel Sunrise Investments has agreed to buy 48.7 million shares in SouthGobi —which was once worth over US$2.4 billion —for 35 cents per share in cash.

Greek govt. vows not to touch Eldorado’s mine

Cecilia Jamasmie | February 25, 2015
Greek govt. vows not to touch Eldorado’s mine

But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.

South Africa drops out of top 10 in Africa for mining investment

Frik Els | February 24, 2015
South Africa drops out of top 10 in Africa for mining investment

Namibia and Botswana top the latest mining investment attractiveness index for the continent and move into top 25 worldwide.

Cecilia Jamasmie

BHP pins hopes on spin-off South32

Cecilia Jamasmie | February 24, 2015
BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

Maine’s mining rules review may open door to Canadian gold, copper project

Cecilia Jamasmie | February 24, 2015
Maine’s review to mining rules may open door to Canadian gold, copper project

Canada's J.D. Irving Ltd. hopes to build a massive open-pit copper and gold mine at the state's Bald Mountain.

Canada’s Saskatchewan second only to Finland as world’s top mining destination

Cecilia Jamasmie | February 24, 2015
Canada’s Saskatchewan second only to Finland as world’s top mining destination

The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.

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