Copper Mining News

Copper price falls as China investment grows at slowest pace on record

Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months.

Miner Antofagasta's H1 earnings fall, trade tensions cloud demand outlook

Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier.

Battery upsurge spurs quest to resurrect World War II cobalt mines

Chile, known for its vast copper deposits, is joining the search for cobalt amid soaring demand for a metal that’s mostly mined in the politically risky Democratic Republic of Congo, which holds 60% of the world's reserves.

Union at Chile's Caserones copper mine extends mediation with company

The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday.

How Canada’s mining sector impacts the economy

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.

Soviet collapse echoes in China’s Belt and Road

Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers.

Chile braces for potential strike at Escondida copper mine

Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida.

Copper vulnerable to supply shock as giant mine faces strike

Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine.

Egyptian copper's origin revealed

Two new studies reveal where ancient Egyptians got the red metal from.

Most unions at Chile's El Teniente copper mine accept contract

Four of the five labor unions representing workers at the El Teniente copper mine in Chile have accepted the latest contract offer from state mining company Codelco.

Codelco goes ahead with scaled-back underground extension of Chuquicamata

The $4.9 billion-investment is part of Codelco’s 10-year, $39 billion overhaul of its core mines.

Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps

Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”

Vedanta's suspends operations at Zambian unit after worker killed in accident

Vedanta Resources' Zambian unit said its Konkola Copper Mine operations have been stopped to allow for investigations, after one miner was killed in an underground accident.

Nevsun asks shareholders to reject Lundin's hostile bid

Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp.

Sunstone Metals to sell Scandanavian copper asset for $30.3 million

The two companies have just signed a non-biding letter of intent.

Teck's Quebrada Blanca project gets green light

Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapacá Region in northern Chile. Yesterday, Teck said that the regional Environmental Committee of Tarapacá voted to approve the project's Environmental […]

Barrick says copper operation in Saudi Arabia not affected by diplomatic dispute

The Canadian miner said it has a strong relationship with partner Ma’aden.

Humiliated for years, women are fighting back in Chile's mines

Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries.

Indonesia issues new tax rules as Freeport seeks fiscal guarantee

Freeport reshapes Indonesia business in deal with govt.

Glencore credits China's 'Blue Skies' program for strong H1

Protectionism could limit future growth.

Latin America-focused copper miner now eyeing Canada

Westminster Resources to buy a land package in the Ronge district of Saskatchewan.

Water shortage threatens BC copper-gold mine

Not the first time.

BHP asks for government mediation in talks at Chile's Escondida

The union had earlier asked the company to negotiate by 10:00 a.m. local time but said in a statement later on Monday that it had begun preparing for a strike.

Copper supply woes on show with No. 2 mine output to halve

Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.

Union at Chile's Escondida sets deadline for negotiations ahead of strike

The union at the world's biggest copper mine told the company it should prove its willingness to negotiate by Monday morning.