Copper Mining News

Taseko in court to appeal defamation win by enviro-group

Taseko Mines (TSX:TKO), the company behind a large copper-gold project in north-central British Columbia, was back in court last week to appeal a 2016 decision that went against it.

Two workers trapped at Mandalay’s Cerro Bayo mine in Chile after flooding

Operations at the silver-gold mine have been suspended until further notice.

Copper price jumps on Chinese imports surprise

Chinese demand for refined copper up 30% in May while falling concentrate imports point to tight supply.

EU regulation on responsible mining will be ineffective

The EU regulation on mineral sourcing that comes into force today will not be effective enough due to its limited scope and delay in implementation.

Anglo American appoints takeovers expert as new chairman

Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.

Zambia copper production to rise 4% to record, lobby group says

Power price resolution could come within ‘weeks’, chamber says

CHART: Commodity prices slump to 50-year low against US stocks

S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.

Mining’s Tesla moment: DeepGreen harvests clean metals from the seafloor

A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.

Trilogy Metals: waiting to be acquired by South32?

Trilogy Metals’ most recent resource update at the Arctic zone in Alaska was pretty impressive, as the deposit is now expected to contain a pit-constrained (!) resource of 36 million tonnes at an average grade of in excess of 3% copper, 4.23% zinc, 0.73% lead, 0.63 g/t gold and approximately 1.5 ounces of silver per tonne of rock.

Osisko Gold grabs Orion’s metals portfolio in $1.13 billion deal

Acquisition will help the Canadian company expand its diamond, gold and silver asset base.

BHP finally lifts Escondida force majeure

43-day strike at world's largest copper mine cost BHP around $1 billion in lost revenue.

Regional integration key to unlocking economic potential in Latin America

There is a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean, report shows.

Bauxite on the move

Mining will commence in July at the Urquhart bauxite project in far north Queensland.

CHART: Hedge fund commodity bulls misread the market

Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.

Strike at Barrick’s Veladero mine suspended

Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.

Cobalt supply is in a “Death Spiral:” Jack Lifton

Jack Lifton says recycling, copper and nickel mining is a must to satisfy global cobalt supply needs

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

World's top 20 silver mining companies

Switzerland's Glencore jumps to number 2 on ranking of top silver miners by output.

Better copper prices boost Codelco’s profit offsetting output decline

The state-owned miner reported a Q1 profit of $534 million, more than the total it earned in 2016.

World’s largest gold miner hit by Tanzania export ban

Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.

Anglo Asian Mining back in the black as copper output doubles

Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.

Castle Silver should be called Castle Cobalt

With the price of cobalt increasing, Bob Moriarty of 321 Gold profiles Castle Silver, which has turned its focus to cobalt.

In times of rate hikes, industrial metals rise fastest

Tom Beck, senior editor of Portfolio Wealth Global, says in times of rate hikes, industrial metals rise fastest, and in today's world, the type of metals in highest demand by China are going to rise the most.

Tanzania outs mining minister over alleged collusion with companies to evade taxes

Shares in gold producer Acacia Mining, one of the firms accused of eluding taxes, fell by more than 18% to 18% to 355.70 pence on the news.

For these women, working underground is a bright opportunity

Mothers will do everything to ensure a bright future for their children.