CHART: First Quantum’s Peru project joins ranks of copper giants
First Quantum Minerals' resource estimate of its La Granja project in Peru reveals 44 million tonne contained copper orebody.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
CHART: Freeport-McMoRan stock craters on Grasberg ramp-up delay
Shares in Freeport plunge after the world's number 2 copper company flags significant delays in Indonesian mine rampup.
BHP now expects nearly 2M tonnes copper production after record Escondida throughput
Record mill performance and improved recoveries offset lower grades at BHP's largest copper mine; new concentrator planned.
Peru reauthorizes Southern Copper’s $1.8B project amid election chaos
Copper alone accounts for roughly 25–30% of Peru’s total exports, by far the country's main economic driver and contributor to state coffers.
Copper price within sight of all-time high as Chinese smelters hit record activity
Chinese smelters end their buying strike as Iran war-induced spike in sulphuric acid price supports razor-thin margins.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.
Macquarie says copper is oversupplied and overpriced
Copper is down 16% from January, but more pain could be ahead as global inventories grow to unprecedented levels and fundamentals deteriorate.
CHART: Billions wiped of mining stocks as gold, silver, copper prices plummet
Stock losses for world’s biggest mining companies near 30% since war’s start as copper enters bear market, silver falls 40% from high and gold suffers worst week in decades.
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CHART: Copper price surge mints 23 new unicorn mines
The ranks of copper mining’s answer to Silicon Valley's $1 billion startup unicorns swell to 75.