Copper Mining News

Grupo Mexico net profit falls by a third in Q4

The company reported $2.567 billion in revenues for the fourth quarter, down slightly from a year earlier.

Peruvian authorities looking into possible tailings dam spill at Southern Copper’s Cuajone mine

The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

Codelco ready to resume operations at Chuquicamata despite torrential rains

The wet season in the austral summer has caused havoc in northern Chile.

Glencore cuts workers at Congo copper and cobalt mine

The layoffs come as Glencore considers a plan to stop mining oxide ores at Mutanda.

Glencore's Zambian unit suspends operations after three workers die in fire

Mopani is one the biggest mining companies in Zambia -- Africa's No. 2 copper producer.

SolGold seeks support from Cornerstone's shareholders in bid for Ecuador project

SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.

At least three Chilean copper mines halted due to heavy rain

Codelco has halted operations at its Chuquicamata and Ministro Hales copper mines; Freeport-McMoRan suspended El Abra.

Troilus launches 40,000-metre drill campaign

Two phases are planned to de-risk and expand on the current resource report last November.

Codelco sees copper output drop 1.9% in 2018

Last year, Chile's total copper production rose by 6 percent to 5.83 million tonnes.

Balmoral extends known depth of Grasset deposit in Quebec

The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.

Death toll rises to six at South Africa coal mine gas explosion

Rescue efforts were hampered by dangerously high levels of toxic gas underground.

Trilogy Metals, South32 increase exploration budget for Alaska projects

Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.

First Quantum inks $2.7B refinancing deal

Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.

Crown Mining takes over California's Light's Creek Copper District

The company staked 35 new claims that cover potential extensions to the high-grade ore previously mined at the site.

Congo 2018 copper output up 12.9 percent to 1.2m tonnes -Chamber of Commerce

Output of cobalt rose 43.8 percent to 106,439 tonnes, while gold production increased by 22.6 percent to 28,539 kg.

Friedland confident Congo copper mine will be world’s second-largest

The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”

Zambian finance chief holds firm on higher mining royalties

“There is no renegotiation taking place because a law has been passed in parliament to change the tax regime."

Is there a new golden age for copper coming to British Columbia?

Even those who don’t follow mining or invest in it could probably tell you that a global energy transition will mean the world is going to need a lot more copper.

Zambia receives bids for stake in state mining investment arm

The offers relate to the ministry's 17% holding in ZCCM-IH and a sale would be subject to cabinet approval.

Ford says carmakers may need to invest in cobalt mines soon

Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.

Lara grants Capstone option to buy copper project in Brazil

The Planalto project is located in the northern Carajás province.

Everything you need to know about VMS deposits

People are often not aware of where their most prized devices really come from.

OceanaGold reports 2019 guidance and exploration budget

OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.