Copper Mining News

SolGold soars after raising more than $41 million via share placing

The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.

Argentina lifts curbs on cyanide use at Barrick's Veladero mine

While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.

BHP Billiton announces new Chairman

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

Excelsior adds key permit to Arizona in-situ copper mine

Excelsior Mining (TSXV:MIN) investors have seen a stellar 2017, with the stock up 30% over the last month and 41.2% year to date.

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.

Tanzania says Barrick to pay money owed by Acacia to Gov’t

Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.

Trump has been good news for miners — Callinex CEO

Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.

Copper demand from electric vehicles to be nine times higher by 2027 — study

The growing market for electric vehicles will significantly impact demand for copper over the next decade, according to new research commissioned by the International Copper Association.

Upcoming Pegmont Resource update will probably indicate lots of upside for Vendetta Mining

With the zinc market on the verge of a potentially huge supply deficit, The Critical Investor examines Vendetta Mining's Pegmont lead-zinc project in Australia.

Tanzania accuses Acacia of illegal mining in fresh blow to Barrick’s subsidiary

Government accused the gold miner of operating illegally in the country and said it has been evading taxes.

3,000-year-old copper mask is oldest crafted object in South America

It's a well-known fact that copper was used by ancient peoples to make some of the earliest tools and artwork.

Taseko in court to appeal defamation win by enviro-group

Taseko Mines (TSX:TKO), the company behind a large copper-gold project in north-central British Columbia, was back in court last week to appeal a 2016 decision that went against it.

Two workers trapped at Mandalay’s Cerro Bayo mine in Chile after flooding

Operations at the silver-gold mine have been suspended until further notice.

Copper price jumps on Chinese imports surprise

Chinese demand for refined copper up 30% in May while falling concentrate imports point to tight supply.

EU regulation on responsible mining will be ineffective

The EU regulation on mineral sourcing that comes into force today will not be effective enough due to its limited scope and delay in implementation.

Anglo American appoints takeovers expert as new chairman

Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.

Zambia copper production to rise 4% to record, lobby group says

Power price resolution could come within ‘weeks’, chamber says

CHART: Commodity prices slump to 50-year low against US stocks

S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.

Mining’s Tesla moment: DeepGreen harvests clean metals from the seafloor

A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.

Trilogy Metals: waiting to be acquired by South32?

Trilogy Metals’ most recent resource update at the Arctic zone in Alaska was pretty impressive, as the deposit is now expected to contain a pit-constrained (!) resource of 36 million tonnes at an average grade of in excess of 3% copper, 4.23% zinc, 0.73% lead, 0.63 g/t gold and approximately 1.5 ounces of silver per tonne of rock.

Osisko Gold grabs Orion’s metals portfolio in $1.13 billion deal

Acquisition will help the Canadian company expand its diamond, gold and silver asset base.

BHP finally lifts Escondida force majeure

43-day strike at world's largest copper mine cost BHP around $1 billion in lost revenue.

Regional integration key to unlocking economic potential in Latin America

There is a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean, report shows.

Bauxite on the move

Mining will commence in July at the Urquhart bauxite project in far north Queensland.

CHART: Hedge fund commodity bulls misread the market

Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.