An international group of researches have recommended 18 quantitative metrics that regulators can use to assess seabed mining projects.
Copper Mining News
The U.S. election of Donald Trump lit a fire under metals markets in 2016 as investors took a liking to his pro-business agenda. Now, copper and other metals are tanking as Trump’s trade war against China threatens to derail economic growth.
Huh Chin-kyu has become his country’s latest billionaire thanks to increasing demand for the firm’s copper coils.
A final deal has been signed for the sale of German copper products company Mansfelder Kupfer und Messing (MKM) for 80 million euros ($94 million).
Zaldívar signed a new power plant supply agreement with Colbún to produce copper with 100% renewable energy.
New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.
Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.
Escalating trade conflict between the U.S. and China has sent industrial metals to oversold territory.
Tiger expects to release a new Life of Mine Plan for the assets in 6-8 weeks.
Targeting close or ready for production.
Labor negotiations are entering into the final three weeks before a 30-month contract expires at the end of July.
The IMF has warned the southern African nation is at high risk of debt distress, while investors have grown skeptical about the amount of external loans.
Mantos Copper bought the Mantos Blancos and Mantoverde copper mines from Anglo for $300 million plus $200 million in conditional future payments.
From the 32 contracts set to expire in 2018 at Chilean mines, there still are more than a dozen to be negotiated before year-end.
Gold production for the three months to June dropped 36% to 133,778 ounces as operations at two its three mines - Bulyanhulu and Buzwagi – were scaled back.
Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade.
First Quantum, which operates the Kansanshi and Kalumbila mines in the country, accounted for more than half of Zambia’s copper production last year and is the biggest individual taxpayer.
"He's my favourite."
Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.
Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.
Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.
Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.
Starting next year, it will demand firms that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit.
Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela.
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."