Copper Mining News

Freeport to pay Indonesia $32m for illegal forest use – state auditor

The government aims to issue a new mining permit for Grasberg - which requires the environmental permit issues to be settled - before the end of the year.

Havilah inks agreement for Australia’s largest undeveloped open pit copper-gold deposit

The move brings the company one step closer to being granted a mining lease.

Hudbay completes acquisition of Mason Resources

The deal closed for C$31 million.

Seabridge on trail of large sulphide-bearing intrusion at Iskut

All indications point toward a large copper-gold porphyry system.

New ramp at BHP’s Olympic Dam doubles capacity

The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.

Copper price falls despite China's promise of more 'economic miracles'

Industrial metal prices tumble as President Xi's defiant speech intensifies trade war fears, offer little on economic stimulus or market reforms.

Constantine boosts resource at Palmer with second deposit

Palmer is a volcanogenic massive sulphide-sulphate joint venture project between Constantine and Dowa Metals and Mining, Constantine owns 51% of the project and is its operator.

Global Witness welcomes Canadian regulator ruling on Glencore-controlled company and executives

Glencores Katanga Mining has today agreed to pay $22 million to settle allegations by Canadian regulators that it had failed to comply with disclosure requirements,

Glencore billionaire among directors banned, fined by Canada

The punishment from the OSC is a response to false accounting from Katanga that saw it overstate how much it mined in the Democratic Republic of Congo in 2014.

Indonesia's Inalum expects to finalise Freeport deal this week – CEO

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

From gold bars to barring mining, US town awaits extractive ban ruling

"Places like the Methow Valley should be protected"

Pacific Empire expands copper-gold interests in British Columbia

The Vancouver-based miner consolidated a land position of over 90 square kilometres in the Babine copper-gold porphyry district in central British Columbia.

Jiulian Resources gets permit to drill BC's Big Kidd property

The Kelowna-based miner plans to establish up to 60 drill sites and four kilometres of exploration trail near Merritt.

Metals rebirth tied to shrinking supplies, stimulus in China

Five metals fell by 13 percent or more, led by zinc, which lost more than 20 percent.

Glencore's Katanga says it agreed settlement in Canadian probe

A settlement over an investigation into its accounting, the two sides said, without disclosing the terms of the settlement.

Only 13% of board members in the mining industry are women: Bedford

When it came to analyzing named executive officers in mining firms, only 8% were women.

Canadian regulator to fine Glencore-controlled miner over Congo -WSJ

The expected settlement is related to the company’s business activities in the Democratic Republic of Congo between 2014 and 2016.

The security risks of mining in Latin America

Americas Market Intelligence says companies need to do their due diligence.

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.

Chile's billionaire president urged to deliver economic recovery in 2019

With the post-election honeymoon just about over, 2019 is the year Pinera must deliver.

Vancouver’s Falcon Gold searches for gold, silver and copper in Argentina

The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.

Imperial Metals hires BMO to speed up restructuring — sources

The company produces copper and gold at its Red Chris, Mount Polley and Huckleberry mines and lead and zinc at half-owned Ruddock Creek mine, all in British Columbia.

Indonesia's Silkroad Nickel inks $290m offtake agreement

The deal is to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.

OK2 buys three mines in Scandinavia

Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.

Workers at Codelco’s iconic Chuquicamata mine down tools

World's No. 1 copper producer says mine operating normally despite labour unrest.