Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.
Copper Mining News
Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.
Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.
Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.
Starting next year, it will demand firms that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit.
Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela.
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
Amid the warnings, copper was listed as the top pick after palladium.
Until last month, Glencore was fighting three lawsuits in Congo that called into question its control of its prized copper and cobalt mines.
Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.
Vedanta "can be the second- or third-largest resource company in the world."
The mining sector showed an interannual growth of 0.16 per cent in May.
The deal might be completed in July.
The Vancouver-based miner wants to identify new drilling targets at its Slättberg project.
Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico.
The figure, though significant, is minor when taken in the context of Codelco’s $18 billion investment plan aimed at upgrading its aging mines and dealing with dwindling ore grades.
The world's No.2 mining company needs copper to reduce its reliance on iron ore.
Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.
A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.
Copper bears drop price 11% in 3 weeks, but new report shows labour contracts still up for renewal threaten 3 million tonnes of production just in Chile.
Miners across Africa are increasingly using one-time payments to settle disputes with governments, a trend that’s disturbing some investors.
Results of the Preliminary Economic Assessment show Cangrejos is one of the world's top 15 undeveloped gold projects based on its average annual production potential.
US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.
It depends on how you measure it.
OZ Minerals has announced that it has a relevant interest in Avanco of more than 90%, which means the company will now “compulsorily acquire” all of the remaining shares and acquire the fellow copper producer entirely.