Copper Mining News

SNC Lavalin 'appalled and surprised' as Codelco cancels $260m contract

SNC says it had recently updated Codelco on the status of the project, including what it called delays "that were the responsibility of Codelco."

Argentina mining gets Macri boost as tough election looms

Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri’s market-oriented policies.

EPA chief recused from Bristol Bay mine his former law firm represented

EPA Administrator Andrew Wheeler has promised to steer clear of matters involving the controversial Pebble Mine, which his former employer Faegre Baker Daniels LLP had represented.

World’s largest copper producer brings AI to its mines

The move is part of an aggressive transformation of the Chilean state-miner, which is looking at adding fresh technologies to revitalizing some of its century-old mines.

Pancontinental acquires battery and energy metals project in Ontario

The company says the acquisition of the St. Laurent project supports its strategy of exploring for battery and energy metals.

Chile's Codelco terminates contract with Canada's SNC-Lavalin at Chuquicamata mine

The Chilean state miner has terminated its contract with SNC-Lavalin at its Chuquicamata mine, accusing the engineering firm of failing to comply with work commitments.

Buyer of Newmont Lake property must have funds to support exploration program: Romios

Crystal Lake Mining is supposedly undertaking a private placement financing to fund the exploration program.

Peruvian authorities search for solutions to blockade affecting shipments from Las Bambas copper mine

For 48 days now, the Indigenous community of Nueva Fuerabamba has blocked Chinese miner MMG Ltd from using a national highway.

30 countries face higher resource nationalism risk — report

On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.

Antofagasta expects water agreement with BHP for Zaldivar mine

Both companies are seeking to extend existing permits to draw water from Chile's water-constrained Salar de Atacama.

Vedanta Resources appoints new CEO for Zambian unit KCM

Vedanta has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines.

Philippines' Philex delays copper-gold mine start by four years

The Silangan copper and gold mine could be Philex's biggest source of revenue after its 61-year-old Padcal mine in the north is expected to close in 2022.

Hudbay Minerals granted final permit for $1.9B Rosemont copper mine

The operation is expected to be the third-largest copper mine in the U.S., employing about 500 people and accounting for approximately 10% of the country’s total copper production.

BHP steps up efforts to win battle for Ecuador’s copper riches

The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.

Amnesty accuses electric vehicles makers of using unethically sourced minerals

The problem, says Amnesty, is that no country legally requires companies to publicly report on their cobalt supply chains.

Champion Iron hunts high grade zones at Powderhorn

The company says the data acquired in 2017 and 2018 demonstrates the presence of a 50-metre thick zinc-bearing unit with several high grade lenses.

Imperial Metals pulls ‘a rabbit out of the hat’ with Red Chris deal

Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.

Zinc price builds on 2019 rally as stocks reach just 2 days consumption

Inventories are down 55% this year and are on course to reach levels last seen in 1990.

Data scientists and geoscientists offered A$1m to predict next big mineral deposit in South Australia

The idea is to speed up the exploration lifecycle and allow miners to analyse information at a much faster rate than before.

Australian junior wants to grab Glencore’s copper mine for $575 million

The underground CSA mine, located in the state of New South Wales, produced 48,000 tonnes of copper concentrate last year.

Miner KGHM extends negotiations with union at Chilean copper mine

The company had until the end of Tuesday to request government mediation to help reach a deal with the union of 520 workers.

Kinross takes 9.7% stake in Wolfden Resources

The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.

Codelco copper smelter restart delayed – Chile mining minister

The smelter has had its restart delayed because of issues related to Canadian construction firm SNC-Lavalin, contracted for the project.

Two killed in accident at Glencore's Zambian mine

The company has suspended production pending investigations.

'Radical’ foes, red tape lob doubt into Ecuador mining quest

Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.