July 7, 2021

Copper supply gap to emerge in second half of the decade — report

LME cash copper prices are expected to average $4.20 per lb. in 2021 and $3.96 per lb. in 2022, according to the inaugural edition of Critical Metals for a Sustainable…

July 7, 2021

Ero Copper hits 67 m of 9.21% Cu in extension of the Pilar mine

Deepening extension drilling within the Pilar mine has delineated a new open zone of “Superpod” mineralization.

July 7, 2021

Chile’s mining royalties bill will hurt investment, jobs – finance minister

The bill in its present form could hike taxes on miners by up to 75% depending on the price of copper.

July 7, 2021

Solaris Resources reports high-grade intercepts at Warintza in Ecuador

Highlights include 952 m grading 0.53% copper, 0.02% molybdenum, and 0.04 g/t gold.

July 7, 2021

Copper price jumps after China’s auction fetches $10,500 per tonne

More sales will be arranged in the near term to ensure market stability, the National Food and Strategic Reserves Administration said in a statement.

July 7, 2021

China’s state metals reserves auctioned off in double-quick time

The first round of China’s much-anticipated state metal reserves auctions needed only one of two days allotted for all the copper and aluminum on offer to be sold.

July 7, 2021

Peru’s Castillo expects mining firms to accept ‘prudent’ tax changes, adviser says

"The mining sector isn't close-minded to new revisions of the taxation system, if done with prudence," said Pedro Francke, Castillo's economic adviser.

July 7, 2021

China to sell more metals from reserves to ensure stable prices

China is releasing metal from state stockpiles as part of its campaign to restrain prices after factory inflation in May hit its highest level in 13 years.

July 7, 2021

Sandfire granted licence for copper mine in Botswana

The 3.2 million tonnes per annum Motheo open pit mine could help Botswana curb its dependence on diamond mining.

July 6, 2021

Ivanhoe already has 162,000 tonnes copper in ore stockpiled

Ivanhoe says DRC mine's first 3.8mtpa concentrator is now fully operational and pre-production ore stockpiles reach 3.4m tonnes grading average 4.78% copper.