Copper Mining News

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

Chile’s Supreme Court casts shadow over Barrick’s plans to restart Pascua-Lama

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

Escondida mine to resume operations as BHP losses soar past $700 million

The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.

Newmont launches new interactive site featuring gold mining processes and phases

Newmont Mining Corporation has launched an interactive microsite, featuring the activities and processes that make up each stage in the life of a modern-day gold mine.

Is this the next Kaminak? – Goldcorp acquires 19.9% of Triumph Gold

No. We believe it will be much larger.

Chinese data, strikes bring copper price back to boil

China releases scorching industry output growth, fixed investment numbers for January-February. Third attempt to restart talks at giant Chile mine fails.

Antofagasta bullish on copper as earnings jump

The company expects demand to increase 3% this year, while no new mines are scheduled to come online in the short-term and supply disruptions continue.

Glencore sells two Africa zinc mines to Canada’s Trevali

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

Anglo American building resilience through partnership

Anglo American today published its 16th annual Sustainability Report, entitled ‘Delivering Change, Building Resilience, Working in Partnership’.

Copper supply disruptions push prices up

Disputes at BHP Billiton’s Escondida mine in Chile, the world's biggest copper mine, and Freeport’s Grasberg and Cerro Verde mines, are also having a significant effect on global supplies of concentrate.

MICROMINE implements its fleet management and mine control solution, Pitram at one of the world’s largest copper-gold mines, Oyu Tolgoi

MICROMINE has implemented its leading fleet management and mine control solution, Pitram, at the Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia.

Greenland closer to building world’s fifth-largest uranium mine

The Kvanefjeld project would also be the world’s second-biggest rare earths operation.

John Kaiser at PDAC 2017: “Discovery exploration is back”

John Kaiser also talks Donald Trump and warning signs for speculators

Freeport’s Cerro Verde copper mine in Peru hit by strike

The mine produced just under 500,000 tonnes of the red metal last year, making it Peru's largest copper operation.

Ecuador anticipates $4 billion in mining investments by 2021

The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.

Mickey Fulp: I’m bullish on the TSX Venture Exchange in 2017

Find out what Mickey Fulp learned from his biggest investing mistakes

Rio Tinto chairman Jan du Plessis steps down, set to lead BT

He joins a growing list of chairmen who are leaving some of the world's' top mining companies, including BHP Billiton and Anglo American.

Why commodities could be on the verge of a massive surge

After finishing 2016 up 25 percent, commodities are getting another boost from bullish investors.

PDAC 2017 Convention exceeds expectations

Over 24,000 people attended this year's Prospectors & Developers Association of Canada’s Convention — a strong indication that confidence has returned to the mineral exploration and mining industry.

Nickel price is plummeting

Down nearly $800 since Monday as Indonesia ore exports return to market, Philippines rethink mine closures.

Copper price falls to 8-week low

Strike at Freeport's giant Peru mine takes offline world's three biggest mines, but worries about demand drops copper after huge jump in warehouse stocks.

Value of mining M&A plunges to lowest level since 2004

While the number of deals made last year increased by a third, it's the low value of the M&A that stands out in EY's latest report.

Pro-development Minnesotans sue Governor over cancelled mine leases

A group of Minnesota residents is suing the state and the Governor over a December decision to revoke mineral leases.

Copper will trend lower this year: Jiangxi boss

The head of China's second-largest copper refiner is sounding a bearish note on the red metal, even as the country is targetting higher economic growth.

Why cobalt (not lithium) could be the battery boom's big winner

You've probably given little thought to a perennially overlooked metal called cobalt, even though chances are you’re reading this very article on a device powered by a battery containing a significant proportion of the metal.