Copper Mining News

MMG’s Las Bambas copper mine forced to file new environmental plan

The move is part of the new government's strategy to rebuild trust on the project following deadly protests that halted exports from the mine in October.

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.

Protectionist Trump policies to crash dollar, gold and bitcoin to soar

Many people seem to think Trump is going to "fix" the US by invoking the isolationist, nationalist, and oft failed economic policy of protectionism.

Copper price boost as Chinese imports rebound

November cargoes up 31% to 380,000 tonnes in November compared to previous month.

Nevsun off to the races after eye-popping Serbia assays

Drilling results from Vancouver-based company's super high-grade Timok copper-gold project lifts market value to within sight of US$1 billion.

Win for Barrick's giant South America gold project

Top gold producer's plans to revive giant Pascua Lama gold-silver-copper project on course after Chile rejects community attempts to block revisions.

Capital allocation: Canadian miners' top priority for 2017

With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.

Rio Tinto says halt of copper shipments from Oyu Tolgoi ‘a bump in the road’

Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.

Barrick Gold brings in new director to regain strength in Latin America

The gold producer said the region will play an increasingly important role in its growth strategy.

Trump's impact on metals and mining in one chart

Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.

Chinese-Korean group to build $2 billion lithium batteries plant in Chile

Based on the conglomerate's estimates, opening such plant would increase value of the product 35 times, comparing to what it could be obtained by just selling it as lithium carbonate.

US celebrates National Miners Day

On Tuesday, December 6, 2016, the nation will pay tribute to the American miner, both past and present, on National Miners Day.

Rates, returns, the dollar, and gold

I’m sure most of you have, like me, spent too much time reading and thinking about this issue in recent weeks.

Big mining's age of austerity far from over

But asset sales will slow says new report.

Copper price: Warnings over US trade with China, Mexico

Moody's says base-metals will come under pressure in 2017 – and that includes the zinc price.

Hedge funds make $5 billion bet on rising copper price

Large scale speculators in copper futures lift bullish positioning to unprecedented 2 billion pounds.

Yukon's Minto mine looks to bring back laid off workers

A recent bump in the price of copper has Yukon's only operating mine looking to bring back some laid-off workers.

EPA’s proposed financial responsibility rule for miners a ‘job killer’ — industry

Norm aims at ensuring that hard-rock mining companies can pay the costs of cleaning up their mines, says EPA.

Lundin shares bounce on payout, guidance

Following $1.1 billion Congo mine sale Toronto-based copper-zinc miner announces inaugural dividend and strong operational forecast.

Glencore to resume dividend in 2017 as debt reduction on track

Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.

Taliban offer 'security' for copper, gas projects

Armed group behind much of the violence over the past 15 years has offered to protect major Afghan government projects.

Frantic search for 4 missing miners in Poland after cave-in

Rescuers were searching for four missing miners in southwestern Poland on Wednesday after an earth tremor caused rockfalls deep underground in a copper mine owned by KGHM.

Hedge funds have never been this bullish about copper price

Managed money speculators in copper futures in New York go long 1.9 billion pounds of copper – 55% more than the previous record.

ASX slams door on Moly Mines, leaves 4,000 shareholders in limbo

Exchange rules the firm was not allowed to resume trading due to concerns about controversy-plagued Chinese majority shareholder Hanlong Group.

Trump infrastructure bump forecast for global economy

New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.