Freeport-McMoRan Inc said on Thursday it was in talks with the Peruvian government to conduct limited operations at its giant Cerro Verde mine after the country extended a national emergency due to the coronavirus outbreak to April 12.
News ID: 8894 Publish Date : 2020/03/27
The collapse of the copper price and the containment measures taken for the coronavirus pandemic are posing a significant risk to global copper mine supply and project development, Nick Pickens, research director at Wood Mackenzie said in a note this week.
News ID: 8891 Publish Date : 2020/03/28
Chile’s Codelco, the world’s second-largest copper miner, has lost more ground among the metal’s top tier, after reporting that output for 2019 had fallen by 5.3% to 1.588 million tonnes.
News ID: 8886 Publish Date : 2020/03/28
Chilean state-run mining company Codelco has reduced operations in response to government coronavirus measures.
News ID: 8777 Publish Date : 2020/03/19
Refined copper cathode production by major Iranian smelters was stable in the 11-month period ending February 19 despite illegal American sanctions.
News ID: 8740 Publish Date : 2020/03/16
Ducab, aluminium and copper cables manufacturer owned by Abu Dhabi’s General Holding Corporation and Investment Corporation Dubai, has reportedly launched a new subsidiary unit Ducab Metals Business (DMB), aiming at supplying locally-manufactured aluminium and copper solutions to a global customer base.
News ID: 8571 Publish Date : 2020/03/04
BHP (NYSE, LON, ASX:BHP) will be looking to expand in copper and nickel to position itself well in a world that is decarbonising, new chief executive Mike Henry said on Tuesday.
News ID: 8461 Publish Date : 2020/02/18
Canada’s Ivanhoe Mines (TSX:IVN) has unveiled a fresh set of mind-boggling figures from its flagship copper project in the Democratic Republic of Congo, confirming that the already large asset has room to grow.
News ID: 8404 Publish Date : 2020/02/06
China last year imported less refined copper, nickel, zinc and lead than in 2018. It was a net exporter of refined tin and primary aluminium.
News ID: 8396 Publish Date : 2020/02/06
Tailings dams are the most common waste disposal methods for mining companies, whether they’re extracting iron ore, gold or copper.
News ID: 8304 Publish Date : 2020/01/17
It’s time for some 2020 foresight in raw materials. After commodities posted a 10% advance last year, how will crude to coffee fare in the months to come? The first What to Watch of the new year presents an overview of what to expect and it’s a mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more.
News ID: 8294 Publish Date : 2020/01/06
China has approved a new quota for more than 35,000t of copper, aluminium and ferrous scrap imports for delivery in 2020.
News ID: 8248 Publish Date : 2020/01/08
US copper scrap spreads are expected to remain under pressure into 2020 amid continued lower demand from China because of restricted import licenses and quality inspections keeping US supply elevated.
News ID: 8174 Publish Date : 2019/12/31
Iran’s Industries Minister Reza Rahmani said that Tehran will keep imposing tariffs against raw metal exports to continue its policy of increasing exports of finished products in a bid to generate more added value for the country.
News ID: 8163 Publish Date : 2019/12/31
The National Iranian Copper Industry Company (NICICO) announced that it has registered a higher demand than current supply and output levels in the country, reminding that the fast-growing sector is disappointing US-imposed sanctions against Tehran’s metal industries.
News ID: 8159 Publish Date : 2019/12/30
The price of copper surged on Friday after reports showed the US economy in robust health on the back of strong payroll numbers – the best reading since January – and progress in trade talks with China.
News ID: 7854 Publish Date : 2019/12/06
Low inventories across the copper supply chain mean that any resolution to the U.S.-China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday.
News ID: 7839 Publish Date : 2019/12/03
Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to build processing plants for commodities such as nickel, copper and aluminum.
News ID: 7835 Publish Date : 2019/12/04
The International Monetary Fund said the Democratic Republic of Congo’s proposed $10.2 billion budget is “unrealistic,” amid slowing output from the country’s copper and cobalt mines.
News ID: 7831 Publish Date : 2019/12/06
UK-based global miner Rio Tinto has approved a $1.5bn investment that will extend its US copper operations to 2032.
News ID: 7755 Publish Date : 2019/12/03