Copper Mining News

Copper smelter hits cause physical squeeze in Asia

The copper market is currently experiencing a squeeze on physical metal which is unexpected.

Rio Tinto delays start of Oyu Tolgoi expansion due to technical issues

First production from the $5.3 billion underground expansion of Oyu Tolgoi was originally scheduled for early 2020.

BHP raises stake in promising Ecuador copper project

BHP has agreed to pay 45 pence per SolGold share.

Mineral industry needs to change its exploration and financing model if dearth of green fields discoveries to be overcome

Australia’s chronic shortage of Greenfields mineral discoveries can only be overcome by changing the sector’s exploration, financing and training models, according to a keynote speaker at a major international geoscience forum.

Europe to spend billions on lithium-ion battery plants

The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.

B.C’s historical Kootenay-Boundary district mining region gathers attention

Golden Dawn Minerals, KG Exploration Inc. and GGX Gold Corp. are among the companies setting foot in the area.

LME Week metals puzzle is how to trade a trade war

Donald Trump didn't make it to LME Week, the annual jamboree of the global metals trading community. But the US president was the hot topic.

China Sept copper imports jump on scrap crackdown, open arb window

The September imports were 21.2 percent higher than a year earlier and were the highest since March 2016.

World’s top copper producer faces lengthy smelter halt at major mine

Chile's Codelco is in the midst of upgrading its smelter at Chuquicamata, its second largest operation by size, to comply with stricter emissions standards coming in effect in December.

Trafigura-backed copper miner Atalaya Mining seeks buyer

Atalaya Mining produced 166,000 tonnes of copper concentrate in 2017 and has a market capitalization of 327 million pounds ($433 million).

Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report  

Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal.

The real cash cow in mining isn't metals. It's bad old coal

For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.

Chile wants lithium to be traded on LME

Chile expects lithium to soon become its second largest mining asset, just behind copper. It's currently the country's fourth biggest export.

Poland's KGHM focused on balance sheet, not dividends

KGHM will deliver updated strategy by year-end and it has no plans to sell foreign assets.

BHP aims to restart Olympic Dam copper facility this month

In August, BHP had shut an acid plant following a boiler tube failure, disrupting copper processing. Underground mining at the site continued as normal.

Proxy adviser PIRC tells shareholders to oppose BHP Billiton's remuneration report

PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its AGM on Oct. 17

Freeport CEO open to all options, even sale, after Grasberg

Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.

Is the reign of Glencore’s billionaire copper king near its end?

Aristotelis Mistakidis, the man who built Glencore’s reputation in copper, is under intense pressure after a string of investigations, problems and legal headaches.

Chile eyes new copper markets to shield economy from trade war

Chile aims to find new copper markets and expand its lithium industry as it seeks to shield its economy from a U.S-.China trade war.

Hawkeye stakes new claims in Golden Triangle

HAWKEYE has claimed another 137 hectares at the company’s McBride property in British Columbia’s Golden Triangle.

From Blenheim to BlackRock, here’s why everyone’s bullish about copper

This week, it seems everybody has something in common: they’re all copper bulls.

Zambia says open to dialogue with miners over tax increases

Africa's second-largest copper producer said late last month that it would introduce new mining duties and increase royalties to help bring down mounting debt.

Battle lines drawn for London Metal Exchange

Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.

Millrock Resources | Explorer releases drill results from Alaska copper-gold project

CEO of Millrock Resources talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties.

Hudbay doesn’t deny rumours of interest in Chile’s Mantos Copper

The Chilean miner has been seeking a buyer for all or part of itself to raise $1 billion to dig for copper and gold in two of its mines in the country's north.