Copper Mining News

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Erdene provides update on gold projects in Mongolia

Canada’s Erdene Resource is one of the very few miners to have never encountered issues in the East Asian nation.

Eldorado announces new exploration projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.

Too much copper drops price to six-week low

Few disruptions could dump additional 230,000 tonnes onto already oversupplied market this year.

Here's what Canada needs to regain leadership in mineral exploration and mining

Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.

Stephen Nano – Mirasol Resources makes value investing simple through prospect generation

Stephen Nano, CEO of Mirasol Resources sits down with Maurice Jackson of Proven & Probable to discuss the virtues of Prospect Generation.

Scott Close: Eurasian Minerals is a royalty generator

Scott Close of Eurasian Minerals sits down with Maurice Jackson of Proven and Probable to discuss the virtues of partnering and owning shares in one of the industry’s premier Prospect Generators.

Moody’s has just called the bottom of the commodities rout

The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.

Copper price is going nowhere

New report says base metal prices have bottomed, but there's hardly any upside – and that includes the zinc price.

SA's mining leadership needs to grasp opportunities missed in the last commodity boom – SRK

Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).

Bolivia sets high hopes on its lithium industry

The country began shipping lithium to China this week, in what is considered the first step towards fulfilling its ambitions to becoming the world’s No. 1 exporter of the commodity.

CHART: China must import more ore

China's domestic iron ore, copper, nickel, zinc, lead and bauxite mining output is slowing dramatically.

Four China charts to turn you into a mining bull

And one that's ultra-bearish.

Harmony Gold swings back to profit, will consider Barrick's Acacia stake

The potential acquisition fits in the South African gold producer’s plans to expand operations across Africa.

Mining sector outlook improves despite losses and Brexit

Data from the FTSE 100 shows the seven largest mining companies account for close to 5.5% of the value of the index. At the end of 2015 they accounted for only 2.5%.

Chinese ban may breathe new life into zinc price rally

Beijing cuts off power to 26 mines in key Chinese zinc, lead production region.

Glencore tries to enforce its rights in Bolivia

Bolivia seized three of Glencore’s operations in nine years and the Swiss giant is now initiating arbitration proceedings against the South American nation.

Mount Polley disaster could have been a lot worse — report

Two years after the mine’s massive tailings pond collapse, the tarnished Golden Triangle environmental and economic fallout continues.

World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever

Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.

Metso inks key deal with world's largest copper miner Codelco

To support the conversion of Chuquicamata, the largest open-pit copper mine in the world, to a large-scale underground mining operation.

Chile’s Codelco may slash copper output as it further cuts costs to the bone

The world's top copper miner admits to be facing its “worst crisis ever” since created in 1976.

Anglo's top shareholder could reduce it to diamond-only miner

South Africa's state pension fund is pushing Anglo to spin off all its assets in the country, including the miner's coveted platinum mines.

Historic Cornwall tin mine could re-open in 2018

Vancouver junior will start environmental work in September at South Crofty mine in south-west England where mining dates back to the Bronze age.

Lithium market small but complex

Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.

This chart shows how tough mining conditions still are

Glencore's will continue to curtail production in zinc, copper and other metals – it's clear why.