Copper Mining News

Deep-sea mining: scientists say collaboration is key

They say there has to be a balance between exploiting mineral resources from the seabed and protecting vulnerable marine ecosystems.

Cochilco forecasts Chile's 2018 copper output up 4.3 pct

Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018.

Canada’s Copper Mountain grabs Altona Mining in $72-million deal

Merger creates a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.

Embattled Acacia Mining keeps losing money due to Tanzania tax row

Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.

RCT’s bespoke solution a world-first

The Codelco-owned site is prone to mud rush caused by ice melting on the Andes range situated on the surface, a hazard that closed the exploration area for months on end. This combined with the company’s plan to expand operations to the seventh and eighth levels made it crucial to find a solution that would allow them to mine mud ore safely.

Argentinian government wants to change Glacier Law to boost mining development

The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.

BHP cuts 2018 iron ore forecast, cites rail car upload problems

The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes.

Peru will not 'impose' mining projects on communities -prime minister

The government of new Peruvian President Martin Vizcarra said it would not "impose" mining projects on nearby communities that object to them.

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Chilean parliament urges Codelco to meet with El Teniente workers

The Mining Committee of the Lower Chamber met with Codelco executives, employees, and other stakeholders.

Chinese investors key as cobalt price hits month low

Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.

Billionaire Agarwal hires AngloGold's CEO to run Vedanta

Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.

Anglo Asian's Azerbaijan gold output up 49 pct yr/yr in Q1

The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO.

Argentinian secretaries to jail for Veladero spill

The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.

Teck extends partnership with UN Women

Canada's largest diversified miner Teck Resources is amping up its corporate social responsibility game.

Copper, iron ore prices gain on robust Chinese imports

China's copper imports bounce back in the first quarter and is now up more than 7% year-on-year and iron ore shipments remain on pace for another record.

Mining billionaire backs outback gas pipeline to ease power woes

The project, being considered by the federal government, may cost as much as A$5 billion ($3.9 billion), according to one industry estimate.

CMOC Intl CEO Madhavpeddi leaves mining giant

The parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.

Last hurrah for the zinc price

The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.

Poor left out of mining profits as 'resource curse' hits Kenya

There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.

Impact of electric cars in medium-term copper demand ‘overrated’, experts say

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Eurasian Resources Group: market outlook 2018

The past couple of months have featured a broad retracement of the metals complex, away from the recent highs.

Glencore to declare force majeure on some aluminium supply

Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday

Vedanta Resources expects supply constraints to sustain zinc prices

Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.