November 30, 2020

First Quantum expands copper reserve base with Argentina project

An NI 43-101 report for the Taca Taca project outlined a maiden mineral reserve estimate of 7.7Mt contained copper.

November 30, 2020

Copper Mountain updates mine plan with 65,000 t/d mill expansion

The latest study builds on a 45,000 t/d mill expansion that is now underway and expected to start up in the third quarter of next year.

November 30, 2020

Peru new mining minister vows to streamline permitting

Jaime Galvez aims to reduce the current consultation period during the exploration phase to six months, down from about 12 months it currently takes.

November 30, 2020

Field narrows for Rio Tinto’s top job

Some major mining executives have ruled themselves out, and there is not a long list of acceptable candidates.

November 30, 2020

US fund threatens Rio with legal action over Oyu Tolgoi

Pentwater Capital has joined the dispute over how to finance the underground copper project in Mongolia, with an "oppression" order warning.

November 29, 2020

Inflation fear and green hope drive investors into copper

The copper market is experiencing a wave of investor interest it hasn’t seen for a decade.

November 27, 2020

Candelaria workers union accepts Lundin’s new agreement

"The strike is effectively over," a Lundin spokesman said.

November 27, 2020

Copper price surges as demand hopes build

On the Comex market, copper for delivery in December gained 2.85% to $3.4040 a pound ($7,488 a tonne) by mid-afternoon in New York.

November 27, 2020

Miners, smelters still divided on copper processing charges

The first settlement between a major copper miner and a Chinese smelter serves as the benchmark for the year ahead.

November 27, 2020

Vedanta continues search for worker trapped at Gamsberg

The mine shutdown helped push prices for zinc to an 18-month high last week.