Copper Stocks News

Avanco Copper Acquires Pantera Project from Vale SA

January 16, 2018 / Copper mining news

West Perth, WA / January 16, 2018 / JMN Wire / Avanco Copper (ASX: AVB) The Company is pleased to announce that it has agreed terms for an option (The Option) to acquire 100% of the Pantera

Following detention, journalist publishes controversial story about ...

January 16, 2018 / Copper mining news

In the lengthy piece released today, he reveals how the 111,843 Sq.Km-concession area destined for mining gold, diamond, iron, copper, bauxite, coltan, and other resources has become a dangerous cocktail of violence, armed gangs, deforestation, foreign companies, guerrilla groups, corruption, military

RPT-COLUMN-Why cobalt will struggle to free itself from the DRC ...

January 16, 2018 / Copper mining news

The largest concentration of copper-cobalt deposits is in the Central African Copperbelt running from Zambia into the DRC. Not only is there a lot of cobalt there, around half of the world's current reserves, but centuries of copper mining have left significant resources in easily exploited old mine tailings and

2 dead, 17 miners missing following Peru earthquake

January 15, 2018 / Copper mining news

Sunday Express reported that many of Peru's mines - the nation is the world's second largest copper producer - are far inland from the quake's epicentre. It said there was no damage reported from Southern Copper Corp (NYSE:SCCO) at its Cuajone and Toquepala mines in the regions of Moguegua and

Indonesia sets framework for Freeport to yield control of Grasberg ...

January 12, 2018 / Copper mining news

Indonesian authorities inked Friday a deal with state-owned holding Asahan Aluminum, or Inalum, which sets a framework for Freeport-McMoRan (NYSE:FCX) to transfer control of its massive Grasberg copper and gold mine as agreed last year. The country and the Phoenix, Arizona-based miner had

Lorraine Copper Announces Private Placement

January 12, 2018 / Copper mining news

Vancouver, B.C. / TheNewswire / January 12, 2018 - Lorraine Copper Corp. ("Lorraine" or the "Company") announces that, subject to TSX Venture Exchange acceptance, it intends to raise up to $600,000 by way of a unit private placement at a price of $0.10 per unit, with each unit to consist of one common share and one

Troilus revisits 'orphaned' gold-copper mine in Abitibi

January 11, 2018 / Copper mining news

VANCOUVER - Troilus Gold (TSX:V TLG) wants to stage a revival at the dormant Troilus gold-copper mine, 175 km north of Chibougamau, Que., where it holds a two-year option agreement with First Quantum Minerals (TSX: FM; NYSE: FM) signed in 2016. Troilus is the newly minted venture from the core

Prize Mining Initiates Work on Manto Negro Copper Project and ...

January 11, 2018 / Copper mining news

There are over 35 showings on the property that have been sampled, trenched and drilled in the past, including several historical mines with several levels of production. Manto Negro is a sediment hosted stratiform copper-silver-lead-zinc deposit. Mineralization is associated with the contact of the clastic

Indonesia lays foundation for transfer of Grasberg copper mine to ...

January 12, 2018 / Copper mining news

Indonesian regional and central government officials on Friday signed an agreement with state holding company PT Inalum that lays the foundation for the transfer of Freeport-McMoRan Inc's giant Grasberg copper mine to local control. Indonesia and Papua have long pushed for greater control over

Carube Copper Extends Private Placement Closing Date

January 11, 2018 / Copper mining news

Toronto, Ontario--(Newsfile Corp. - January 11, 2018) - Carube Copper Corp. (TSXV: CUC) (the "Company") announces today that the Company has applied for and received consent from the TSX Venture Exchange to extend the closing date for its private placement financing until February 14, 2018. The Company may

METALS-Copper dips as equities catch investors' fancy

January 12, 2018 / Copper mining news

NEW GRASBERG PLAN: Indonesia hopes to finalise contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June, although divestment issues are still unresolved, a mining ministry official said on Thursday. *NICKEL: ShFE Nickel dropped more than 2 percent to a 3-day low, while LME

Giant Bougainville mine restart stalls on moratorium over fears of ...

January 10, 2018 / Copper mining news

Momis added the moratorium was focussed more on closing the door on BCL rather than mining itself. He claims other developers are showing interest in Panguna. The abandoned copper and gold mine contains one of the world's largest copper deposits. During Panguna's 17-year life until its closure,

Peru eyes $2.4 billion minerals railway as copper output rises

January 11, 2018 / Copper mining news

LIMA (Reuters) - The government of Peruvian President Pedro Pablo Kuczynski is evaluating a $2.4 billion railway project to transport mineral concentrates from a copper-rich Andean region to the Pacific coast for export, a government official told Reuters Wednesday. Deputy Mines Minister Ricardo Labo

Capstone Mining 2017 Production Results and 2018 Operating and ...

January 10, 2018 / Copper mining news

10, 2018 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced production results for the three and twelve months ended December 31, 2017 and provided its operating and capital expenditure guidance for 2018 along with a three-year outlook. "We ended the year with solid copper

UPDATE 1-Indonesia hopes to finalise Freeport contract talks by June

January 11, 2018 / Copper mining news

JAKARTA, Jan 11 (Reuters) - Indonesia hopes to finalise contract talks with Freeport McMoRan Inc over the Grasberg copper mine by June, although divestment issues are still unresolved, a mining ministry official said on Thursday. Indonesia and Freeport formed a framework agreement in August to

Chile's Andina mine to be modified to protect glaciers

January 10, 2018 / Copper mining news

Chile's Codelco, the world's top copper producer, announced today that it will invest $250 million to modify the shape of the current pit at its Andina mine, located in the Valpara?-so region. The goal of the plan is to redirect mineral extraction toward zones where there are no glaciers, while still maintaining the

Congo's Gécamines urges Gov't to revise 16-year-old mining code

January 09, 2018 / Copper mining news

The World Bank-supported mining legislation was introduced to attract investment into copper and cobalt projects from global miners. G?(C)camines claims country has yet to benefit from it. The Lubumbashi-based miner also said it intended to initiate this year a "frank discussion" with its partners and demand

Bougainville imposes moratorium on Panguna mine over fears of ...

January 10, 2018 / Copper mining news

The Bougainville government has enacted an indefinite moratorium on renewing the licence of a controversial mining company over fears it could reignite violent civil conflict. In December Bougainville landowner groups were called to vote on allowing Bougainville Copper Limited (BCL) to renew their

Copper Exploration in Northern Mexico's Sierra Madre Region

January 08, 2018 / Copper mining news

Mexico has a long and storied mining history that dates back to the Aztecs. The nation's geology represents a treasure trove of natural resources, including gold, silver and copper. The Sierra Madres region in Northern Mexico was home to many historic artisanal mining camps where precious metals and

Early New Year's gift for Castillo Copper

January 09, 2018 / Copper mining news

Castillo Copper (ASX:CCZ), an ASX-listed base metal junior focusing on copper, cobalt, zinc and nickel, has announced the unexpected discovery of five geological anomalies at its Cangai Copper Mine following electromagnetic surveying. The EM results indicate there are potentially significant, highly

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