Copper News

Old copper mine is one of many sites in West needing cleanup

December 26, 2017 / Copper mining news

CUBA, N.M. - For decades, yellow- and white-tinged piles of waste from a defunct copper mine have covered the mountainside at the edge of the quintessential New Mexico village of Cuba - out of sight, out of mind and not nasty enough to warrant the attention of the federal government's Superfund

Update on Pinal County copper mine land exchange claims

December 27, 2017 / Copper mining news

Apache Junction Independent reported that evaluations continue for the proposed land exchange between the federal government and Resolution Copper Mining LLC for a copper mine near Superior in Pinal County, the US Forest Service has established a comment period for those with federal or private

Zambia's state-controlled investment firm wants bigger stake in ...

Nov. 29, 2017 / Copper mining news

LONDON, Nov 29 (Reuters) - Following the sharp rise in copper prices this year Zambia's state-controlled firm ZCCM Investments Holdings wants to increase its stakes in the country's mines and also expects higher dividend payments, its chief executive said on Wednesday. ZCCM-IH, which was formerly

Feds keep proposed Minnesota copper mine plan alive

December 23, 2017 / Copper mining news

ST. PAUL, Minn. - President Donald Trump's administration has resurrected an effort to build a proposed copper-nickel mine near the Boundary Waters Canoe Wilderness Area in northeastern Minnesota. In an opinion published Friday, a top attorney at the U.S. Interior Department concluded that the

Workers end strike at Teck's mine in Chile

December 22, 2017 / Copper mining news

Following an eight-day strike, Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) has reached a new contract agreement with Union No. 1, which represents one-quarter of its Quebrada Blanca copper mine workforce. Quebrada Blanca is located in the Tarapac?? Region of northern Chile and it is nearing

Political crisis pushes out auction of giant Peru copper project again

December 21, 2017 / Copper mining news

An auction for the $2 billion Michiquillay copper mine project in Peru scheduled for this week was canceled by the besieged government of President Pedro Pablo Kuczynski. A contract for the project according to state investment agency ProInversion will now be awarded on February 20. Reuters reports

Copper price powers on

December 21, 2017 / Copper mining news

According to latest assessment conducted by International Copper Study Group, stagnant copper refined copper supplies, in combination with strong Chinese apparent usage in September, conspired to lift the deficit from an estimated 160 000t for first 7 months of the year. Estimates that global mine output

METALS-London copper slips, stays on course for weekly gain

December 22, 2017 / Copper mining news

(Adds Shanghai closing prices, updates London prices) BEIJING, Dec 22 (Reuters) - London copper prices edged lower on Friday as the dollar strengthened slightly and wage agreements at mines in Chile eased concerns about supply disruptions in the world's top producer of the metal. A rising U.S.

Ero Copper announces a US$25.6 million reduction in total debt

December 21, 2017 / Copper mining news

Ero Copper Corp, headquartered in Vancouver, B.C., is focused on copper production growth from the Vale do Cura???? Property, located in Bahia, Brazil. The Company's primary asset is a 99.5% interest in the Brazilian copper mining company, Minera????o Cara?-ba S.A. ("MCSA"), 100% owner of the Vale do Cura???? Property

Company seeks approval to mine near Alaskan salmon fishery

December 21, 2017 / Copper mining news

Canadian-based Northern Dynasty, parent company of Pebble Limited Partnership, acknowledged it was the withdrawal of the EPA's protection under the Clean Water Act that has allowed the mine permit process to move forward. Initial plans for the gold and copper mine to be built in the Bristol Bay

Peru $2bn copper mine auction rescheduled for February

December 20, 2017 / Copper mining news

LIMA - An auction for the $2-billion Michiquillay copper mine project, in Peru, scheduled for Wednesday but cancelled by the embattled government of President Pedro Pablo Kuczynski is now slated for February, according to state investment agency ProInversion. The new auction date will be February 20,

Trump's EPA Could Open Door For Alaska Gold And Copper Mine

December 20, 2017 / Copper mining news

Meanwhile, the Trump administration may reverse an Obama-era EPA decision that the mine in the Bristol Bay region would be too risky to go forward. If President Donald Trump's EPA rolls back the decision, it could help usher in a mine where one of the world's most important sockeye salmon fisheries is

Good brownfield activity drives orders up at Metso

December 20, 2017 / Copper mining news

Iron ore represents around 20%, and then it's gold. Gold is foreseen to be one of the minerals that's going to grow faster, next to copper. MINING.com: Interesting. Thanks for breaking those minerals down. How will dividing Metso into these seven business areas benefit your customers? Nico Delvaux: We

Montana Becoming an Attractive Hotbed for New Copper Exploration

December 20, 2017 / Copper mining news

Over the next decade, copper would dethrone gold as the predominantly mined metal in the Treasure State. Copper mining centered on the prolific Butte mining district, which would grow to become a city with more than 100,000 inhabitants. Butte's significant silver deposits and enormous copper deposits

Castillo Copper: Cobalt anomalies more extensive at Broken Hill ...

December 20, 2017 / Copper mining news

While the Cangai Copper Mine drilling program is the Board's top priority, the significant increase in the cobalt price in the current quarter has elevated the importance of fast-tracking the understanding of the geology at the Broken Hill project. Notably, this entails identifying potential drill targets with a view

China's copper, zinc output jumps to 3-year high on stronger prices

December 18, 2017 / Copper mining news

China's scores of iron ore mining companies produced only 0.2% more crude ore in November, but the year to date figure shows a 6.5% increase in 2017 to 1.16bn tonnes as mines make the most of higher prices and record-breaking steel output. On a 58-65% Fe content basis tonnage is closer to

Copper jumps to 3-week high

December 18, 2017 / Copper mining news

The copper price is scaling heights not seen since the end of November, bolstered by strong economic data coming out of China and Wall Street buying. 9Finance reported on Sunday that rising stock market indices on Wall Street "had boosted sentiment and sparked a wave of buying on industrial metals

CuDeco Limited: Production Resumes at Rocklands

December 18, 2017 / Copper mining news

Brisbane, WA / December 18, 2017 / JMN Wire / Queensland copper producer CuDeco Limited (ASX: CDU) announced today the resumption of Processing Plant Operations and Concentrate Production at its flagship Rocklands Copper Mine, after addressing the requirements of the Department of Natural Resources and

Indonesia and Freeport close in on copper mine deal

December 15, 2017 / Copper mining news

Indonesia and the US mining company Freeport-McMoran are edging closer to a deal that will mean a state-owned group taking a majority stake in Grasberg, the world's second-biggest copper mine. After months of tense negotiations, the two sides are set to publish a memorandum of understanding before

Southern Copper says Peru operations normal despite strike

Nov. 22, 2017 / Copper mining news

This is the third strike this year over profit-sharing staged by the company's unions and it affects Southern Copper's two mines in the country. The company, a subsidiary of Grupo Mexico, is the world's fifth largest copper miner in terms of output, and Peru is the second-largest producer. This means that any

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