Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.
Copper Mining News
Mopani Copper Mines, Glencore's Zambian unit, said on Tuesday it may lay off nearly 5,000 workers due to a dispute with its electricity supplier over prices that has led to reduced power supply to its […]
The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.
After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.
Copper above $3.00 after former workers torch dozens of buildings, vehicles at Freeport's Indonesia operations blocking access to world number two mine.
A committee of six ministers pointed to numerous flaws with the project, including severe impact to a Humboldt penguin reserve.
The province first committed $1 billion to fund infrastructure into the chromite-rich area in 2014.
Copper price rally cools after threat to global supply from top 5 Las Bambas mine is averted.
The country's Reserve Bank has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a crippling dollar note shortage.
Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.
Kaz Minerals, a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs.
Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.
Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.
The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension.
Copper trades just short of $3 a pound as large scale futures speculators build massive bullish position and global supply worries resurface.
There are several encouraging signs for the mining outlook in Australia.
Even the most optimistic forecasts for copper by year-end is below the spot price.
Metal traded above $3,000 per tonne on the LME for the first time since November 2007.
Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.
Russia's Norilsk Nickel reported a 3 percent fall in first-half core earnings on Tuesday, missing analysts' forecasts, due to a stronger rouble and a jump in social expenses.
In an exclusive Critical Resource Q&A, leading mining entrepreneur Ross Beaty gives his investment tips, puts the boot in on the Trump agenda, and calls for more renewables and less consumption to avoid ecological collapse.
The Blue Moon Zinc project is located in Mariposa County in central California and if the project needed a nickname, it very well might be the Comeback Kid.
Zambia's state power company made the decision amid an ongoing dispute over the implementation of new electricity tariffs in the country.
Value added brought by the mining sector grew by more than 21% in the first three months of the year — the largest increase since the fourth quarter of 2014.
Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.