Copper Mining News

Copper is soaring, hits 7-week high

Thanks in part to a weak US dollar and the chance of monetary policy easing in China, responsible for nearly half of global metals demand.

BHP hikes exploration spending, to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.

Mount Polley mine receives authorization for return to normal operations

Research and monitoring to date indicates the environment is recovering rapidly. No long lasting impacts are anticipated at this time.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Brexit: Gold, metals, markets react as Britain chooses to leave the EU

Gold climbs the most in eight years, while copper and oil fall.

Molybdenum price is on tear

Up 43% this year as Chinese imports double.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

Are copper and China set to rally?

Technical analyst and newsletter writer Clive Maund explores the link between an anticipated copper rally and an upswing in Chinese markets.

Rio Tinto may be planning a $9bn spinoff a la BHP

Rumours follow Rio's decision to group its least loved units — coal, uranium salt, borates and its Iron Ore Co. of Canada — under a new umbrella branded as the “energy and minerals” business.

Rio Tinto to boot iron ore chief in fresh management shake-up

Andrew Harding, once tipped as the most likely person to take the company’s reins, is being replaced by Chris Salisbury, currently leading the copper and coal division.

Australian mining industry cautioned to protect their assets

Despite only taking several minutes online, and costing less than the morning newspaper and cup of coffee, many Australian businesses are failing to protect their legal rights of ownership.

Mosaic in talks to acquire Vale fertilizer unit in $3bn deal — report

A cash-and-stock deal is said to be the favourite option at this point, though the parties are also discussing other alternatives.

Palisade Mine Tour IV – Jamaican us crazy for copper, mon

Unfortunately, what we thought was going to be a beach filled week of rum with scents of cannabis turned out to be a flea-infested trek through a very hot and damp jungle… We do this, so you don’t have to!

Gold, copper price jumps spark major mining stocks rally

Broad-based advance for mining majors as gold price touches $1,300, iron ore holds $50 and copper price surges 4%

Canada’s Erdene Resource sees bright future after striking gold in Mongolia

The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.

These are the world's 40 biggest mining companies

A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.

Millions of Latin Americans risk sliding back into poverty

New Regional Human Development Report recommends social protection, care systems, labour skills and closing historic gender, racial and ethnic gaps not resolved with economic growth alone

Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits

The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.

CHART: Metals, mining stocks outperforming all others

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

Turquoise Hill soars on Rio Tinto increasing stake rumours

The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.

Major mining assets change hands after commodity rout

Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.

Copper may have role in burning fat

It probably won't become the latest fad diet, but copper is believed to be useful for burning fat and therefore avoiding weight gain.

Copper price big loser as other commodities rally

Amid broad advance in metals and energy, copper price sinks to lowest in four months – is China and world economy worse off than is currently believed?

Rio Tinto’s Kennecott wins clean air lawsuit in the US

A federal judge has ruled in favour of the firm in lawsuit over alleged pollution at the company's massive Bingham Canyon copper mine.

Chinese miners eye Glencore’s Kazakh gold operation

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.