Copper Mining News

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

EPA, Northern Dynasty settle dispute over Pebble mine

Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.

Global silver output falls for first time in 14 years

Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.

KGHM says phase two of Sierra Gorda copper mine in Chile will never happen

The Polish company, Europe's second-largest copper producer, said that given current macro conditions the plan had lost sense.

Philippines to keep mining law intact, despite new minister appointment

The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.

BHP Billiton puts Cerro Colorado copper mine in Chile on the block

Workers temporarily blocked access roads to the site in protest for the decision, which they say will inevitably bring a massive wave of layoffs.

Copper price: Plunge in China imports wipes out 2017 gains

Chinese refined copper imports for April down 30%, concentrate shipments decline 17%.

Argentina to pass new mining law this week

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

Barrick may face 'negligence' charges over latest spill at Veladero — report

Local judge says the company failed to complete improvements that could have prevented the latest cyanide spill, the third such accident in less than 18 months.

Deal avoids strike at Collahuasi

A deal between workers and the companies that own the Collahuasi copper mine in northern Chile could mean labour peace at the often-picketed mine for the next three years.

Another BHP investor pressing for oil spinoff, board shake-up

The miner faces another shareholder revolt as Australia’s Tribeca has joined calls by US activist investor Elliott Management for an exit from shale to free up capital.

INFOGRAPHIC: The numbers behind the world's closest trade relationship

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Peruvian Supreme Court rules against Newmont

The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.

Dozens trapped, two killed in Iranian coal mine explosion

The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.

Philippines shows anti-mining environment minister the door

Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.

Centamin shares fall after reporting profit and production declines

Despite the drop in production, the gold miner kept guidance unchanged for its 2017 financial year at 540,000 ounces.

Mining no longer top sector attracting investors to Africa — report

Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.

PNG autonomous region lifts mining ban, but excludes controversial Panguna

An autonomous region of Papua New Guinea has lifted a ban on mining that has been in place since 1971 - but it will not allow the restart of the controversial Panguna copper mine which has been the source of deadly internal strife.

Freak copper price jump has analysts scratching their heads

The copper price had its best day in a month, but commodity analysts were at a loss to explain why.

BC Election: Major parties on future of mining

Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens

Timeline: The adventures of Robert Friedland

Entrepreneur, financier and company-maker.

Sprott Monthly Market Update with Rick Rule: This bull market is in its infancy, a lot of money is about to be made!

Rick sees a very interesting market, which flirted with an upside breakout, that failed.

Anglo American to resume operations at El Soldado mine in Chile

The company had warned it would evaluate options for the mine, including walking away form it, if it didn’t receive the necessary permits.

Norilsk Nickel sues Botswana over thwarted mine stake deal

The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.

BHP Billiton in 'advanced' talks to sell Cerro Colorado copper mine in Chile

The company has officially informed workers of its plans to offload the mine, noting that while there are several interested parties, the process could take months.