January 24, 2024

Column: Funds sell copper as weak demand trumps supply pressures

Funds are adopting an increasingly bearish stance in the copper market, preferring to focus on a globally weak demand picture rather than signs of supply-chain stress.

January 24, 2024

Freeport-McMoRan’s profit beats estimates on strong copper production

On an adjusted basis, the company earned 27 cents per share for the three months ended Dec. 31.

January 23, 2024

Codelco places $2bn in bonds as miner aims to boost copper output

Codelco's production has slumped to its lowest level in 25 years due to operational problems and delays in its expansion projects.

January 23, 2024

Probe Gold drills 1.17% copper over 9.5 metres at La Peltrie option property

The drill program was following up on the 2022 discovery hole, which returned 0.13% coper over 345.5 metre.

January 23, 2024

Barrick speeds up Zambian copper mine expansion

Lumwana will have a projected annual production of around 240,000 tonnes per year over a 30-plus-year life.

January 22, 2024

Mining generated C$18 billion for BC economy in 2022 – report

This represents a 40% improvement over the figure in 2021 and 46.3% higher than the C$12.3 billion reported for 2018.

January 22, 2024

Aurubis moves to terminate CEO’s contract after copper scam

The criminal scam cost the copper producer about €169 million last year.

January 22, 2024

First Quantum shareholder SailingStone told miner about ‘missed opportunities’

First Quantum is dealing with the fallout from the sudden closure of its flagship copper mine in Panama, which accounted for about 40% of its revenue.

January 22, 2024

Managem plans $300 million capital increase in 2024

This capital will fund the company's gold, copper and cobalt expansion plans.

January 21, 2024

Global inventory of world’s mines needed – researchers

Researchers say that about half of the world's mining impacts remain undocumented.