Copper Mining News

Philippines confirms environment minister who supports open pit mining ban

Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures.

Glencore to spend $956M to increase stake in Peru's largest zinc producer

The company will pay between $531 million and $956 million depending on the offer's level of acceptance by Volcan shareholders.

Mandalay Resources mothballs Cerro Bayo mine in Chile

Operations have been suspended since a June 9 incident that flooded the mine, killing three workers.

Rio Tinto back on track to haul iron ore in driverless trains in 2018

Staff sitting hundreds of km away oversaw successful pilot run.

Mining Association of Canada adds new actions to address climate change

Members have committed to new actions to further enhance efforts in the climate change space based on recommendations from MAC’s independent Community of Interest (COI) Advisory Panel.

Project selection: An interview with Mickey Fulp

Mickey Fulp sits down with Maurice Jackson to discuss one third of his investment thesis which is focused on Project Selection.

Metal prices to lift Polish KGHM's Q3 results – CEO

KGHM Polska Miedz SA expects its third quarter results to be boosted by favourable metal prices and currency exchange rates.

Freeport at loggerheads with Indonesia over divestment-letter

The world's second-largest publicly traded copper company has issues with the proposed divestment plan, including valuation, timing and structure.

Botswana Diamonds soars on promising find at South African project

Sampling work at Ontevreden, part of the Vutomi joint venture, seems to prove the presence of high-grade kimberlite pipes.

World's largest coal miner looking to buy metal mines abroad

Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.

Freeport can seek extension for Grasberg permit talks -minister

Indonesia’s mining minister said on Thursday that Freeport McMoRan Inc could request an extension of six months to renegotiate rights to Grasberg.

Petra Diamonds' shares sparkle as its solves labour disputes in South Africa

Company reached wage agreement with the main union at two of its mines in South Africa. Workers will return to work on Friday.

Chile sees no obstacle to Albemarle request to hike lithium output cap

Albemarle said it could invest $1-billion in Chile over the next 5 years if request to the government to let it extract 125,000 tonnes per year is approved.

Indonesia's Freeport victory sets tone for foreign miners

After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine.

Petra jumps on Tanzania letting it resume diamond exports

Stock closed 12.2% higher at 64.80p, after it had fallen on Tuesday to its lowest since late 2015.

UK inventor James Dyson to launch electric car by 2020

The billionaire inventor of the bagless vacuum cleaner said his company was building an electric car which will launch by 2020, the latest firm to challenge traditional carmakers in a burgeoning market.

Brazil’s president revokes decree allowing mining in Amazon

It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.

BHP says 2017 a ‘tipping point’ for electric cars

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.

Copper claws back lost ground after four-day run lower

Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained.

China and Argentina to strengthen mining cooperation

The Asian giant is very interested in “intensifying investment trade and cooperation” with Argentina

Taseko gets permit and board approval for construction of Florence copper test facility

The Environmental Appeals Board (EAB) of the Environmental Protection Agency (EPA) has issued an order denying any further review of the Underground Injection Control (UIC) Permit granted in 2016 for Taseko's Florence Copper Project.

Investors wary as Tanzania moves to assert more control over mines

New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects

PEA shows 22-year life for B.C. copper-gold-moly mine

A preliminary economic assessment for a mine on Vancouver Island, British Columbia is showing promising economics - despite being in a jurisdiction challenging to build mines.

Drone footage of Bingham Canyon copper mine

Key says two of the biggest advantages of flying drones at Kennecott are safety and maintenance.

In Wisconsin, GOP pushes to end sulfide mining moratorium

Gov. Scott Walker voted to ban copper and gold mining in Wisconsin two decades ago. Now he may be asked to lift the one of-a-kind prohibition as his fellow Republicans push to continue opening up the state’s north woods to mining.