Copper Mining News

Copper price: Ford recall puts EV charging infrastructure in spotlight

Carmaker recalls more than 50,000 electric vehicle chargers in North America, where aluminum often substitutes for domestic copper wiring, over fires.

Tipping point? Inflation creep at Australia's mines to erode margins

Rising costs, falling metals prices may eat into margins.

China’s Sichuan Road to mine copper in Eritrea starting in 2019

The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.

Australia faces increased blackout risks this summer as coal plants age

The risk of blackouts in Australia's upcoming summer has grown from last year as ageing coal-fired power plants have become less reliable.

DRC miners form new body to fight mining code

The Mining Promotion Initiative's main goal is to engage the government on industry concerns about the country’s new mining code.

Chinese firm launches $832m Zambia copper mine

NFC Africa, majority owned by China Non-ferrous Metals Company Limited launched output at a new $832 million Zambian copper mine, extending the firm's lifespan by over 20 years.

Planes and trains oust miners from top ranks of Canada benchmark

Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.

Chinese, Canadian-Finnish, Cypriot firms bid for Serbia copper mine

China's Zijin Mining, Canadian-Finnish fund Champion and Cyprus-based U Gold have bid for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter.

Zambia copper output up 10.6% in first half of 2018 – central bank

Stable power supply and relatively higher metal prices prove beneficial to Zambia's copper industry.

Western Australia junior gets 'conerstone' funding from Chinese battery manufacturer

Advancing a nickel-copper-PGE sulphide deposits and gold in Western Australia.

World mine copper production up 5.7% in the first five months of 2018

Help from Latin America and Southeast Asia.

Three companies from Canada, China, Russia bid for Serbian copper mine

Serbia's government said it was seeking a partner to invest at least $350 million in debt-laden RTB Bor.

Technical issue disrupts BHP’s Olympic Dam copper smelter

Company is assessing the impact of an ongoing outage at the processing plant.

BHP’s costs crash diet is running out of steam: David Fickling

Going on a crash diet seems great while you’re shedding the pounds. The problem is sticking with it for the long term.

BHP annual profit jumps 33 percent, misses forecast

Analysts thought profits would reach $9.27 billion.

Chile economy posts biggest jump in growth in six years

Chile's gross domestic product grew 5.3 percent in the second-quarter of 2018 which is its biggest jump in nearly six years.

Hedge funds turned record short on metals just before the rout

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.

What a copper band unveiled about Ancient Americans

A metal piece revealed that Ancient Natives moved goods and knowledge thousands of kilometres across various regions.

Chile's Antofagasta expects more copper price volatility -media

Ivan Arriagada, chief executive of Antofagasta, said he expected copper prices to be affected by global uncertainty.

Poland's KGHM optimistic of meeting 2018 output plan

Poland's KGHM will achieve its 2018 copper production plan despite a fall in output in the first half of the year.

JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.

Copper producer KGHM's profit halves in second quarter

KGHM said that second quarter net profit fell to 171 million zlotys ($45 million) and missed analysts forecasts of 361 million zlotys.

Kaz Minerals surprises market with dividend, Russian copper project buy

The copper miner said it would pay a dividend of 6 cents per share, the first since 2012, when it began ramping up its two mines in Kazakhstan.

US to allow mining on land removed from monuments

The US Bureau of Land Management has announced plans to allow increased mining on land that once belonged to two national monuments Donald Trump shrank.