Copper Mining News

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

Polyus.

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.

Centerra copper-gold mine in Canada dodges output cuts after securing water sources

Company won’t have to cut output at its central BC-based copper-gold mine, at least for now, as it has been granted approval to use certain short-term water sources.

Top cobalt mines ranked by production in 2017

Top four mines are all located in the Democratic Republic of the Congo.

Lundin Mining has hefty M&A appetite for copper, says incoming CEO

Canada's Lundin Mining Corp is on the hunt for copper mines and projects and willing to spend up to $3 billion on mergers and acquisitions.

Collahuasi copper mine in Chile to raise output 4 pct this year -VP

The copper mine Collahuasi in Chile is expected to produce 545,000 tonnes of copper this year, 4 percent more than in 2017.

Gold Fields plans to extend life of Peru mine through 2040

South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.

Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine

Other companies interested in partnering with Teck include Freeport-McMoRan, China’s Aluminum Corp of China (Chinalco) and Canada’s base metals miner Lundin Mining.

After 103 years, Chile’s Codelco blasts at Chuquicamata pit for the last time

Chuquicamata, the company’s second largest copper operation by size, is expected to transition to underground block cave mining by mid-2019.

Yamana warns Argentina’s looming tax on exports could hit bottom line

Miner is mulling ways to mitigate the impact of Argentine President Mauricio Macri's surprise decision to impose a temporary tax on all exports to strengthen the country’s ailing economy.

Chile copper output up 10.8 percent through July -Cochilco

Chile produced 481,700 tonnes of copper in July, an increase of 2.9 percent compared to July 2017.

GT Gold's stocks soar following drill results at Tatogga

Vancouver- based GT Gold Corp.’s (TSX.V: GTT) stock is trading at $0.75 following an announcement of a major new discovery.

Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview

MINING.com interviewed the Minerals Council of Australia CEO.