Copper Mining News

China slashes Sept U.S. scrap copper imports; sends alumina to Iceland, India

From January to September, scrap copper shipments from the United States fell 13.8 percent.

BHP to return $10.4 billion in buyback, special dividend bonanza

BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July.

Troilus Gold discovers mineralization below current resource

The Z87 pit ultimately ran 350 metres deep and had a strike length of about 900 metres.

Capital-starved mining sector creates 'buyer's market' for investors

Smaller mines and developers who previously found capital through retail investors in public markets are increasingly turning to specialist investors.

Ecuador aims to more than double mining value to GDP by 2021

Ecuador is being hailed as the biggest potential new source of supply of the metal used in renewable energy.

Hudbay shrugs off investor concerns, buys Nevada copper junior

The miner has bought Mason Resources despite shareholder Waterton previously requesting a moratorium on any near-term acquisitions.

BHP announces $5.2B share buyback, keeps promise to return US Onshore asset sale proceeds

The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.

Russia's Nornickel boosts Q3 output at its copper project

Nornickels consolidated copper output has risen by 20% to 290,878 tonnes in the first nine months of 2018.

Golden Arrow options advanced stage Indiana gold-copper project in Chile

The advanced-stage gold-copper project features a near surface deposit of high-grade gold and copper.

Excelsior signs $75m financing for Gunnison in Arizona

Excelsior estimates it would initially produce 25 million lb. copper per year at Gunnison.

Barrick, Randgold sweeten dividend ahead of takeover deal vote

Randgold plans to sweeten its 2018 dividend by 35%, to $2.69 per share from $2, and pay it before the merger closes.

Tlicho all-season road near NICO project approved

The federal government has announced that it will provide up to 25% of the construction costs for the road through the P3 Canada Fund.

Wolfden cuts more high grade at Pickett Mountain

A resource estimate for Pickett Mountain is to be released before the end of year based on modelling of historical and recent drill results.

Meet Escondida’s giant robotic arm – an example of open innovation

Introducing BHP's Trommel maintenance robot.

BHP, top miners are starting to drive EV's deep underground

The deeper the mine, then the bigger the savings.

China machine 'working very well' amid stimulus, Rio says

China is on track for an annual record and is supporting consumption of raw materials.

BHP cuts China, US growth forecasts on trade tensions

The world’s largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in a "lose-lose" trade spat.

Osisko drills multiple high grade zones at Key Anacon

The Key Anacon project includes two known Bathurst type volcanogenic massive sulphide deposits – Main and Titan. They occur in the same stratigraphic horizon that hosted both the Brunswick No.12 and No.6 zinc-lead deposits.

China's Jiangxi Copper posts best quarterly profit in four years

The Nanchang-based company earned net income of 767.3 million yuan ($110.31 million) in the three months to Sept.

Rio Tinto sees new-style partnerships as the future

If a community or government wants a bigger share of the pie, they may need to be willing to take on more of the risk.

Enforcer Gold to buy Red Lake Property in Ontario

The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake.

Azimut, SOQUEM make major discovery at Munischiwan

Gold-copper-silver mineralization discovered at Azimut’s Munischiwan property in the James Bay region.

Mining tech firm Outotec warns on project problems, shares plunge

Malfunctioning furnaces tank Outotec's shares.

Namibia scraps black ownership rules for mining exploration licences

Rules threaten the diamond and uranium producer's ability to attract investment.

Glencore posts rise in copper, cobalt output on Katanga restart

Glencore's copper production rose to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.