Copper Mining News

Copper price consensus outlook suggest rally will run out of steam

Even the most optimistic forecasts for copper by year-end is below the spot price.

Zinc prices hit decade-high on shrinking Chinese stockpiles

Metal traded above $3,000 per tonne on the LME for the first time since November 2007.

Flash floods hit Freeport Indonesia's mining operations

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.

Strong rouble, one-off expenses hit Russia's Nornickel's H1 earnings

Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.

Ross Beaty: “Trump will be forgotten”

In an exclusive Critical Resource Q&A, leading mining entrepreneur Ross Beaty gives his investment tips, puts the boot in on the Trump agenda, and calls for more renewables and less consumption to avoid ecological collapse.

Blue Moon Zinc to re-open California past producing mine as zinc bull market commences

The Blue Moon Zinc project is located in Mariposa County in central California and if the project needed a nickname, it very well might be the Comeback Kid.

First Quantum mines in Zambia also affected by power supply cuts

Zambia's state power company made the decision amid an ongoing dispute over the implementation of new electricity tariffs in the country.

CHARTS: Mining once again one of biggest drivers of US economy

Value added brought by the mining sector grew by more than 21% in the first three months of the year — the largest increase since the fourth quarter of 2014.

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

Anglo Asian soars after boosting reserves at Ugur gold project

Azerbaijan's top gold producer will begin production there next month.

Zambia's copper mine suspends operations after restricted power supply

Glencore's Zambian Mopani Copper Mines unit suspended operations in certain areas on Saturday after the Copperbelt Energy Corporation (CEC) restricted power supply to its sites in both the Kitwe and Mufulira regions.

Codelco to produce “green” copper

The pilot project is taking place at the Gabriela Mistral mine

Glencore turns bigger copper, zinc price bull

Swiss giant raises outlook for the rest of the year after revenues at $75 billion a year metals and minerals business jump 20% during first half.

Snow, soil and trees could help detect mineral deposits in Canada

A team of geologists is using a series of techniques to identify halogens, commonly associated mineral deposits, in organic materials

Lead-zinc mine on Vancouver island reopens

Vancouver Island copper-zinc-lead mine, Myra Falls, restarts after nearly two years.

Utah asks the EPA to pay $1.9 billion for mine-waste spill

The western U.S. state is asking the EPA to pay for the cost of cleanup and long-term maintenance of the San Juan River and Lake Powell

Copper price jumps to highest since 2014

Customs data show rebound in Chinese copper imports in July.

Mining industry can now predict opposition to projects before it's too late

Chalkstone was born out of counter-insurgency tactics used by troops in Afghanistan, but its unique methodology is now being used by miners, which can map-out power structures and counter the potentially crippling risk of strikes and political opposition.

Teck and union reach agreement at Highland Valley

The threat of a strike at one of British Columbia's biggest mines is no longer hanging over employees and management.

BHP presses for cheaper power ahead of Olympic Dam mine expansion

BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine's head said on Friday.

BC won't charge Imperial Metals for Mount Polley dam breach

No charges will be laid under British Columbia’s environmental laws in relation to Imperial Metals Corporation’s Mount Polley tailings-dam breach August 4, 2014.

Chile's Caserones copper mine close to reach full capacity after weather forced 3-week shutdown

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

Antofagasta opening exploration office in Peru by year-end

Miner said country offers more favourable conditions to start new projects than Chile, where Antofagasta has majority stakes in four copper mines and has just opened a new one — Antucoya.

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.