Red Kite, the largest metals hedge fund in the world run by UK Conservative Party donor Michael Farmer, is alleging that Barclays Bank attempted to rig the copper market through insider dealings with the London Metal Exchange.
Copper Mining News
China’s top nickel producer, will next year start building a new project in Guangxi that will produce raw materials for electric vehicle (EV) batteries, its chairman said, looking to tap the sector’s “explosive” demand.
New report says Rio talking to Indonesian groups to sell interest in giant copper, gold mine – Freeport still at loggerheads with Jakarta about stake sale.
Highland Copper jumps 18% after announcing a 46% increase in resources at its Copperwood copper and silver project in Michigan's Upper Peninsula.
PDAC gearing up to launch Exploration Assessment Digital Data Formats guidelines, a practice expected to improve Canadian mine exploration discovery rates.
Peruvian government is expected to issue a long-awaited construction permit for the mine in the first quarter of 2018.
Chief Financial Officer Andrew Wray said the company doesn't even have the ability to make the upfront $300 million payment Barrick has promised to the government of Tanzania as part of a deal reached Thursday.
Total initial capital cost is estimated at $187 million with additional sustaining, reclamation and closure costs of $101M totaling $288 million.
The deal does not mean Tanzania will immediately lift the demand for Barrick's subsidiary Acacia Mining to pay $190 billion in allegedly unpaid taxes.
Bob Gannicott, Ross Beaty, Terry MacGibbon and Ed Thompson to be honoured at 2018 CMHF annual dinner and induction ceremony.
It expects an average global copper price of $2.95 per pound in 2018, a sharp upward revision from its mid-year estimate of $2.68, due to greater demand in China.
Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.
The Chinese government’s Made in China 2025 initiative will have a significant impact on copper demand in China, according to new research commissioned by the International Copper Association.
Rio Tinto production of refined copper at the Utah-based division has been halted since Oct. 8 after a worker was exposed to sulfur dioxide gases at the plant. The employee died two days later.
Delayed ramp-up at Escondida, mine sequencing at Kennecott.
Strength of Chinese economy continues to surprise as country's leaders gather to set out economic goals.
As many of you know, copper is often seen as an indicator of economic health, historically falling when overall manufacturing and construction is in contraction mode, rising in times of expansion. That appears to be the case today.
Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20
Lepanto was among more than two dozen companies ordered halted by a sacked minister who led an environmental crackdown.
Investors in Queensland Mining (ASX:QMN) got an unexpected surprise Monday morning after the company announced Friday it was selling its White Range copper, gold and cobalt project.
A waddle of penguins has stopped a $2.5bn (£1.9bn) mining project in Chile.
London's Court of Appeal opened the way for nearly 2,000 Zambian villagers can pursue a claim for damages.
No appeal against Vancouver-based Excelsior Mining's state operating permit for its Gunnison project in Cochise County.
The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).
World's number one producer still confident it will meet 2017 production guidance.