Copper Mining News

Chile to lease inactive licenses held by top miners to juniors

Move allows major companies to lease to juniors all or part of assets they are not actively developing.

Troilus Gold to bring historic Quebec mine back into production

The combination of the 4,700-hectare Troilus Gold property with the 11,309-hectare Troilus North property will create a 16,000-hectare exploration property in Quebec's Frotet-Evans greenstone belt.

M2 Cobalt advances exploration at Uganda mine

The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.

Strike briefly shuts down operations at BHP’s Spence mine in Chile

Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.

Eurasian Resources secures electricity supply for Frontier copper mine in DRC

Frontier mine is a cornerstone of ERG’s copper business and is situated on the DRC-Zambia border.

Anglo American to increase copper production in Chile

The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.

BHP unveils world-class copper find near Olympic Dam in South Australia

It is already being called by some experts “the thickest high-grade copper intersection seen in years.”

Peru stops miners from exploring Rainbow Mountain tourist area

In the case of Rainbow Mountain, those in favor of conservation appear to have won out.

Eldorado Gold’s Bolcana project has 6.5m ounces of gold

The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.

Innord to separate rare earths from hybrid and electric vehicle recycling pilot study

Participating in this study opens the door for a potential new supply source through recycling electric motors from the transportation industry in the future.

Former Grupo Mexico workers plan to block copper mine access

The planned industrial action is part of a longstanding dispute after Grupo Mexico fired the mine's workforce and reopened it in 2010.

Rio Tinto leads copper charge into Western Australia's Paterson region

Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.

Saudi Arabia targets $64B in mining revenue by 2030

Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.

Capstone Mining mulls selling stake in Chile-based copper-iron project

Over its almost 18-year mine life, Santo Domingo is expected to produce an average of 134-million pounds a year of copper, 4.2-million tonnes a year of iron concentrates and 17,000 annual ounces of gold.

DRC cobalt deposits not 'that old'

By analyzing the age of known deposits, researchers get clues of where to find unexplored ones.

Edmonton miner optimistic about Peruvian copper-gold project

The Chapitos project is located in the Peruvian Iron Oxide Copper Gold belt.

Congo's 9-month copper output up 8.7%, cobalt nearly doubles

Congo is Africa's top copper producer and the world's leading miner of cobalt.

SolGold CEO excited by prospects for Ecuadorian copper-gold

SolGold said that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017.

Saudi Arabia says new mining project to increase non-oil GDP by 3%

King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.

Copper benchmark deal signals shifting supply dynamics in 2019: Andy Home

It was supposed to be a year of mine disruptions, with the market anticipating that multiple labour contract expiries would result in at least one strike.

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

Zambia's copper output up 10.4 year/year in September

Mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick Gold and Vedanta Resources.

BHP searching for assets with lessons learned during downturn in mind

The company’s chief financial officer has outlined a detailed plan on how to not waste a whole lot of shareholders’ money again.

Altiplano gets creative amid low copper prices

Lower-grade shoulders are being left on the walls and only the higher-grade portions are being extracted.

Pebble mine scores small win in land deal with Alaskan landowners

Deal with the Alaska Peninsula Corporation (APC) secures the company's right to use defined portions of APC lands to build and operate roads for the stalled Pebble copper-gold-silver project.