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Copper News Digest
Saturday 19 August 2017
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Copper trades just short of $3 a pound as large scale futures speculators build massive bullish position and global supply worries resurface.

Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.

Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.

Metal traded above $3,000 per tonne on the LME for the first time since November 2007.

Zambia's state power company made the decision amid an ongoing dispute over the implementation of new electricity tariffs in the country.

Value added brought by the mining sector grew by more than 21% in the first three months of the year — the largest increase since the fourth quarter of 2014.

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

Azerbaijan's top gold producer will begin production there next month.

The pilot project is taking place at the Gabriela Mistral mine

Swiss giant raises outlook for the rest of the year after revenues at $75 billion a year metals and minerals business jump 20% during first half.

A team of geologists is using a series of techniques to identify halogens, commonly associated mineral deposits, in organic materials

Vancouver Island copper-zinc-lead mine, Myra Falls, restarts after nearly two years.

The western U.S. state is asking the EPA to pay for the cost of cleanup and long-term maintenance of the San Juan River and Lake Powell

Customs data show rebound in Chinese copper imports in July.

Chalkstone was born out of counter-insurgency tactics used by troops in Afghanistan, but its unique methodology is now being used by miners, which can map-out power structures and counter the potentially crippling risk of strikes and political opposition.

The threat of a strike at one of British Columbia's biggest mines is no longer hanging over employees and management.

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

Miner said country offers more favourable conditions to start new projects than Chile, where Antofagasta has majority stakes in four copper mines and has just opened a new one — Antucoya.

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

The world’s largest gold miner hopes to reach an agreement over claims against its subsidiary and the country’s current ban on mineral concentrate exports.

What a difference a year makes.

The Vancouver-based company plans to explore an area located within the privately-owned St. Julian mine claim block

These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.

This is the second time this year the equipment giant boosts sales and profits forecast.

Shares collapsed on the news to close almost 21% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York.

The country's Reserve Bank has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a crippling dollar note shortage.

Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.

Kaz Minerals, a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs.

The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension.

There are several encouraging signs for the mining outlook in Australia.

Even the most optimistic forecasts for copper by year-end is below the spot price.

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.

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