Copper Mining News

Mining tech firm Outotec to pull out of Iran

Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions.

From uranium to cobalt: A Canadian's miner strategy to diversify

From focusing on copper and uranium in Saskatchewan, Forum now wants to work on extracting a wider array of minerals in the US.

Copper nanoparticle ink is a thing and scientist want to use it for printing

Copper nanoparticle ink can be used to print cheaper electronic circuits.

Nevada Copper building first US copper mine in a decade

Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size.

Mongolian court says copper mine nationalisation broke laws

The Mongolian government broke laws during a controversial attempt to seize full control over the Erdenet copper mine.

Shanghai sets challenge to New York, London in copper options debut

Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal.

Philippines halts quarry operations after deadly landslide

The Philippines temporarily suspended all quarrying operations in seven regions following a landslide near a limestone quarry that killed at least 29 people, with dozens more feared trapped under the rubble.

BHP's Spence copper mine in Chile partially closed following fire

A fire at its Spence copper mine in Chile had forced it to partially shut down operations. No one was injured in the fire, which has since been extinguished.

With copper options, China steps up challenge to London, New York rivals

The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market.

Sun Metals Corp. added to Oxygen Capital’s fold

Integrated mining development company rolls investment dice on its first major B.C. project.

Central Asia Metals hunts for acquisitions

Base metals under pressure from trade tensions.

Nickel's "electric premium" crushed by trade tensions

Nickel has finally succumbed to the base metals price rout.

Top miner sees US – China trade spat limiting global growth

Rising U.S - China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion.

Congo expects declaration on strategic metals by end of October

Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.

Russian giant copper project in talks to raise $1.25B

A company owned by Russian billionaire Alisher Usmanov is in talks to raise $1.25 billion from Russian banks by the start of 2019 to build a massive mining and metallurgical plant at Russia's biggest untapped copper deposit.

Most profitable mining companies in 2017

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Base metals drop as trade war angst spurs concern about demand

The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.

Russian giant copper project aims to raise $1.25B in 2018

Spurred by high global appetite for cooper, the company in September started preparing the site for construction of a massive plant at the deposit.

How Anglo quietly built a commodity trader in Glencore's shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

Barrick Gold seeks Chinese partners, may slash headcount: Globe

The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.

Nexa says to invest $1.17 bln in Peru, Brazil in five years

About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.

Congo will declare cobalt and other minerals as "strategic" in coming days – mines minister

The government considers minerals with the "strategic" designation important for the economic, social and industrial future of the country.

Congo mines minister sees strategic metals decision 'very soon'

Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.

Chile lawmakers mull additional mining tax for copper, lithium

The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year.

Royal Gold resolves Voisey’s Bay royalty dispute

Altius entered into an agreement with Vale Canada Limited and certain of its subsidiaries to comprehensively settle their long-standing litigation.