Copper Mining News

Glencore turns bigger copper, zinc price bull

Swiss giant raises outlook for the rest of the year after revenues at $75 billion a year metals and minerals business jump 20% during first half.

Snow, soil and trees could help detect mineral deposits in Canada

A team of geologists is using a series of techniques to identify halogens, commonly associated mineral deposits, in organic materials

Lead-zinc mine on Vancouver island reopens

Vancouver Island copper-zinc-lead mine, Myra Falls, restarts after nearly two years.

Utah asks the EPA to pay $1.9 billion for mine-waste spill

The western U.S. state is asking the EPA to pay for the cost of cleanup and long-term maintenance of the San Juan River and Lake Powell

Copper price jumps to highest since 2014

Customs data show rebound in Chinese copper imports in July.

Mining industry can now predict opposition to projects before it's too late

Chalkstone was born out of counter-insurgency tactics used by troops in Afghanistan, but its unique methodology is now being used by miners, which can map-out power structures and counter the potentially crippling risk of strikes and political opposition.

Teck and union reach agreement at Highland Valley

The threat of a strike at one of British Columbia's biggest mines is no longer hanging over employees and management.

BHP presses for cheaper power ahead of Olympic Dam mine expansion

BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.

BC won't charge Imperial Metals for Mount Polley dam breach

No charges will be laid under British Columbia’s environmental laws in relation to Imperial Metals Corporation’s Mount Polley tailings-dam breach August 4, 2014.

Chile's Caserones copper mine close to reach full capacity after weather forced 3-week shutdown

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

Antofagasta opening exploration office in Peru by year-end

Miner said country offers more favourable conditions to start new projects than Chile, where Antofagasta has majority stakes in four copper mines and has just opened a new one — Antucoya.

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Caterpillar in search of new CFO as Halverson to retire next year

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

Barrick Gold, Tanzania begin talks to resolve Acacia Mining dispute

The world’s largest gold miner hopes to reach an agreement over claims against its subsidiary and the country’s current ban on mineral concentrate exports.

Mining jobs in Canada to go begging: MiHR report

A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.

Teck's steelmaking business jumps from $52M to $785M in 2Q

What a difference a year makes.

Lucky Minerals allowed to explore for gold near Yellowstone National Park

The Vancouver-based company plans to explore an area located within the privately-owned St. Julian mine claim block

Codelco and Anglo American recognize Metso'scontribution to safety

Metso has been able to improve the safety of operations at both sites by developing and implementing innovative safety enhancements.

Indonesia closer to mining deal with Freeport, but hurdles remain

Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine.

Here’s how to avoid being caught in mining scams

These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.

Batteries and renewables to start displacing gas in South Australia by 2025

Battery costs to fall 50% - beginning to compete with gas.

Copper price surges to 2-year high

Chinese data, tight supply light fire under copper price launching copper mining stocks higher – Freeport up 15%.

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.

Antofagasta, Barrick avoid Chile mine strike

Zaldívar produced 102,000 tonnes of copper in 2016.