Copper Mining News

Scotiabank bullish on zinc, copper

Scotiabank’s January commodity price index is good news for resource sectors.

Why Robert Friedland is bullish on copper

The engine that drives his confidence comes in the form of electric vehicles.

Great Atlantic to drill for base/precious metals in New Brunswick

The company has just received a diamond drilling permit for up to 10 holes.

A candidate for 'deal of the year' in British Columbia

Very rarely I come across a junior that simply seems to tick almost all boxes, and it looks like new sponsor Kutcho Copper Corp. is doing just that.

The periodic table of commodity returns

If for some reason, you still think that the commodity markets are predictable, today’s chart provides a nice piece of humble pie.

Copper miners challenged by water supply

"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.

Chile’s regulator orders permanent closure of Barrick's Pascua-Lama mine

Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.

Force Majeure at Oyu Tolgoi mine due to border protests

Measure was taken as Chinese coal haulers continue to disrupt deliveries near the border with Mongolia, the mine's majority owner Turquoise Hill said.

Output at Chile's Escondida copper mine falls 7.8 pct in 2017

The decline to 903,000 tonnes came despite the start of operations at a new wing.

Tracking Europe's waste: 'There's gold in them landfills'

Some of Europe's richest deposits of valuable materials are in the trash, ranging from gold in smartphones to cobalt in electric car batteries.

Supply disruptions could boost copper prices -Chile's Cochilco

Cochilco, Chile's state copper commission, raised its estimated 2018 avg price for the metal to $3.06 per pound from its previous forecast of $2.95.

Barrick just makes 2017 production guidance

Only the Nevada operations of the Toronto-based gold mining giant increased output in 2017.

Copper falls most in six weeks as metals rally starts to give

Copper dropped 2.2 percent to $7,054.50 at 3:21 p.m. on the London Metal Exchange Tuesday. A close at that price would mark the biggest drop since Dec. 5.

Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill

Rio Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.

European metals technology companies want to lead anti-corruption fight

Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added a new member.

Following detention, journalist publishes controversial story about Venezuela’s Mining Arc

Rampant violence and corruption are the norm in the mines of the southern Guayana region.

Rio Tinto 2017 iron ore exports up 1 percent, maintains 2018 guidance

On Tuesday Global miner Rio Tinto reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.

Metals power higher as sickly dollar spurs copper-to-gold rally

Copper surged as much as 2.1 percent, the most since Nov. 13, to $7,262 a metric ton on the London Metal Exchange.

Glencore shrinks job of billionaire copper head amid Congo probe

Aristotelis Mistakidis will lose control of industrial copper operations including mines and focus on the trading side of the business.

Acacia Mining's Q4 output down on Tanzania export ban

The London-listed miner said production in three months to Dec fell 30 pct to 148,477 oz. compared with a year ago and 22 pct from the previous quarter.

Mike Beck: Battery metals part 4 – Unprecedented demand picture forming in copper

The average E.V. requires 80kg more copper than a regular vehicle. There is also significant copper needed to build out E.V. infrastructure in the power grid as well as battery charging infrastructure.

2 dead, 17 miners missing following Peru earthquake

An earthquake in Peru on Sunday has claimed two lives and caused an illegal mine to collapse. 

Zinc price hits fresh decade high

“From the macro point of view, this is not an environment where you’d want to be shorting metals.”

How China is locking up critical resources in the US’s own backyard

China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.

Indonesia sets framework for Freeport to yield control of Grasberg mine

Indonesia state-owned holding Asahan Aluminum, or Inalum, would grab a 41.64% stake in the local unit of Freeport, which increases its current ownership in it to 51%.