Copper Stocks News

Risk of disappointment for copper bulls as wage deals sealed

February 08, 2018 / Copper mining news

LONDON (Reuters) - Copper bulls who are betting on labor strife this year due to a full calendar of contract talks may be disappointed if early wage deals at two copper mines are a signpost for further agreements with mine workers. Benchmark copper prices rallied 12 percent in December, partly due to fear

Ivanhoe boss said he'd pay higher taxes in Congo if it benefits locals

February 08, 2018 / Copper mining news

"The issue is the mining industry needs stability and we absolutely need transparency." Ivanhoe is also building a new operation at Kipushi, a past producing zinc-copper mine in partnership with Congo's state-owned G?(C)camines. The company's most advanced project, however, is Platreef platinum, located

Excelsior Mining remains on track to open North America's next ...

Feb. 7, 2018 / Copper mining news

The mining approach to be used at Gunnison is also important. In-situ mining sees fluid injected into the ground, and when it comes up at a different part of the project site it brings copper with it. On-site processing of the fluid removes the copper and the cycle repeats. No tailings ponds are required, and

Excelsior Mining remains on track to open North America's next ...

February 07, 2018 / Copper mining news

The mining approach to be used at Gunnison is also important. In-situ mining sees fluid injected into the ground, and when it comes up at a different part of the project site it brings copper with it. On-site processing of the fluid removes the copper and the cycle repeats. No tailings ponds are required, and

Ivanhoe pleads for calm on Congo tax hike

February 07, 2018 / Copper mining news

"It has to absolutely help the people around the mines. If it doesn't, then of course we don't want to pay it." Ivanhoe's copper project in Congo will be the fourth-biggest copper mine in the world within nine years of starting production, and in the longer term it could become "the greatest on the surface of the

On Range, ironclad support for copper mining

February 08, 2018 / Copper mining news

For Stephanie Dickinson of Aurora, a Minnesota Power employee, the PolyMet copper-nickel mine would mean people could stay on the East Range, buy homes, raise kids and plan for a future in Northeastern Minnesota. Since 2000, when LTV Steel Mining shuttered its taconite mine and processing

Copper mining company to resume drilling in state wilderness

February 07, 2018 / Copper mining news

SILVER CITY, Mich. - State officials are allowing a copper mining company to resume exploration of a section of Porcupine Mountains Wilderness State Park. Copperwood Resources is conducting test drills to see if a deposit first explored in the 1950s might be feasible for mining. The tests are scheduled

Castillo drills significant massive sulphide mineralisation at Cangai ...

February 07, 2018 / Copper mining news

Castillo Copper (ASX:CCZ) today revealed to the market that significant massive sulphide mineralisation has been drilled at the historic Cangai Copper Mine, situated at the Jackaderry Project, NSW. Outstanding drilling logs confirmed that seven out of eight and a half drill-holes intersected sulphide

Abacus Announces New Copper Acquisition in Nevada

February 06, 2018 / Copper mining news

VANCOUVER, British Columbia, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation ("Abacus" or the "Company") (TSXV:AME) is pleased to announce an agreement to acquire a new copper property adjacent to its Willow porphyry copper-gold project located near Yerington, Nevada. The new

The Caribou in the Copper Mine

February 05, 2018 / Copper mining news

Rick Van Nieuwenhuyse, president and chief executive of Trilogy Metals Inc., which is positioning itself to mine Ambler-area copper, pitched the project as environmentally friendly. The only way to combat global warming, Van Nieuwenhuyse said at the December 2017 working group meeting, is to switch to

Mongolia's largest copper mine co. opens risk awareness center

February 06, 2018 / Copper mining news

ULAN BATOR, Feb. 6 (Xinhua) -- Mongolia's largest copper and gold mining company Oyu Tolgoi LLC has opened its Risk Demonstration Center here, local media reported on Tuesday. The center aims to raise awareness about the common workplace risks of a mine site. The company's CEO Armando

Duran Ventures Signs Mineral Purchase Agreement for High Grade ...

February 05, 2018 / Copper mining news

February 5, 2018) - Duran Ventures Inc. (TSXV: DRV) ("Duran" or the "Company") is pleased to announce that the Company has entered into an agreement (the "Agreement") to purchase and process high grade copper sulphide mineralized material from Otuzco Copper Mining Corporation S.A.C. ("Otuzco"), a private

The real cost of tax avoidance

February 05, 2018 / Copper mining news

The SOMO report spells out how the company, which is controlled by the British-Australian mining giant Rio Tinto and has headquarters in Vancouver, arranged its affairs to minimize its tax obligations. It owns a majority interest in a copper mining operation in Mongolia called Oyu Tolgoi, and set up

Test work confirms applicability of DMS for Mowana copper mine

February 04, 2018 / Copper mining news

Cradle Arc has received an independent test report from SGS South Africa confirming the applicability of Dense Media Separation (DMS) for its flagship Mowana copper mine. Botswana - Accordingly, it remains the board's intention to pursue a DMS installation in due course as the development plan for the

Proposed Pebble Mine in Alaska could threaten world's largest ...

February 04, 2018 / Copper mining news

In late December, those worries gained traction when a mining company filed for a permit to develop an open-pit mine atop one of the world's largest unmined sources of copper and gold. Discovered in the late 1980s, the so-called Pebble deposit may contain as much as 80 billion pounds of copper and

The future of blockchain mining in BC

Feb. 1, 2018 / Copper mining news

KAMLOOPS - Blockchain mines look nothing like copper mines. They are banks of computer that toil away at solving complex calculations. Blockchain is the digital ledger used by many cryptocurrencies such as Bitcoin. Because the computers generate heat, they could be used to warm the greenhouses

Rebel Union Push Snarls Relations at World's Biggest Copper Mine

February 02, 2018 / Copper mining news

Fonseca said he and other leaders of the initiative have been repeatedly called "chicken," the Chilean mining industry equivalent of "scab." During last year's strike, workers camping at the mine's entrance built a chicken coop. Inside, they placed a list of names of the workers that didn't join and hung a

Copper Mine Developer Closes US$30M Financing, Secures Most ...

February 03, 2018 / Copper mining news

The share price was walked down professionally from C$1.25 to C$1.00, against all positive copper and mining stock sentiment at the time, and at December 11, 2017 the financing was announced. As majority shareholder Greenstone took up about half the amount, they probably wouldn't have mind to say

Serbia's RTB Bor increases output at Veliki Krivelj copper mine in Jan

February 02, 2018 / Copper mining news

BELGRADE (Serbia), February 2 (SeeNews) - Serbian copper mining and smelting company RTB Bor said it increased the production of copper ore at the Veliki Krivelj open pit mine by 40% year-on-year to 855,000 tonnes in January. RTB Bor plans to produce between 830,000 and 900,000 tonnes of

SES to deliver connectivity services for copper mining project in Congo

February 01, 2018 / Copper mining news

SES Networks has entered an agreement with Canadian mineral exploration and development company Ivanhoe Mines to develop connectivity for the mining industry in Congo. The deal will see SES Networks provide high-performance managed connectivity services for the Kamoa-Kakula Copper Project

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