Copper Mining News

Chile injects $975 million into state-owned copper giant Codelco

Chile’s President Michelle Bachelet has signed into law a bill that gives state-owned Codelco $975 million in fresh funds to help it cope with a recently passed “copper law,” which forces the miner hand 10% of its revenues […]

Troubling contradictions in Trumponomics

Markets are expecting a Trump economic miracle with real GDP growth estimates of 4% per year and more. The cheerleaders cite tax cuts, infrastructure spending and deregulation unleashing a wave of new economic activity. But that's not where growth comes from, argues Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, as they discuss some basic contradictions in Trumponomics.

Curb your copper price enthusiasm – report

"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."

This start-up plans to be a top lithium miner in the UK

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Freeport reaches settlement with US Gov’t, Navajo Nation on uranium mines cleanup

Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.

Rio Tinto, Chinalco put an end to copper joint venture

The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.

Yamana Gold resumes operations at mine in Chile after deal with unions

The strike has not had a significant impact on mine and consolidated production, the company said.

BC court fight over treaty vs mineral rights

Companies claim land transfer is de facto expropriation without consultation.

Mining production increases spell good news for suppliers

For companies servicing the mining sector, project opportunities have declined significantly in the past few years.

Mount Polley mine disaster followed years of permit delays — report

Imperial Metals applied for a permit to release water from Mount Polley tailings pond in 2009 – and still doesn’t have one.

Copper price is getting crushed

Losses come despite huge drop in the dollar and consensus forecasts point to further declines in 2017.

DRC drops opposition to Lundin copper deal

State-owned Gecamines clears final hurdle for Freeport and Lundin's blockbuster sale of one of Africa's largest copper mines.

These are the African countries investors should pay attention to

New report says the underlying question for investors lies on the risk/reward balance — whether outstanding geology beats corruption and security issues.

Scientists say mining e-waste may be an economical option

The Canadian team says recovering metals such as copper and rare earths from LED lights may turn to be an economical option soon.

Crown attempts to stay MiningWatch’s charges against Mount Polley

The federal government is seeking a withdrawal of the criminal charges before the NGO has the chance to present any evidence.

EPA won't pay mine spill claims

The US Environmental Protection Agency won’t pay the $1.2 billion in claims filed by local governments, farmers, ranchers, tribes, and river-running raft companies.

{Interview} Rick Rule – The best people beat the best commodities

Mr. Rule shares his unique, proven perspective and selection process as he outlines many aspects such as good stewards of capital, change of control fees, optionalilty, the ability to attract capital, integrity, marketing, VP, Board of Directors, permitting, etc.

Copper price jumps as China imports hit all-time high

Concentrate imports for the full year up 28% to 17 million tonnes.

DRC says Ok for Glencore to take full control of Mutanda copper mine

Mines Minister Martin Kabwelulu said he “didn’t believe” the government needed to authorize changes in ownership in that or any project.

Goldcorp sells mines in Mexico, Guatemala for about $470 million

As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.

Nickel prices plummet as Indonesia eases export ban

Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.

Southern Copper's $1.2bn Peru mine expansion ready by year-end

The new section of the Toquepala open-pit mine in southern Tacna, Peru, is expected to begin operations in early 2018.

Cobalt – Fortune Minerals news release on federal funding of all-season road in NWT

Fortune Minerals Limited is pleased to report that the Government of Canada, the Government of the Northwest Territories and the Tlicho Government have jointly announced federal funding for the construction of the Tlicho All-Season Road to the community of Whati.

Private capital rotating into mining and metals

Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.

Egypt opens gold assets to foreign companies, first time since 2009

First international tender for gold mining concessions in eight years to be held on Sunday.