Global miner Anglo American (LON:AAL) ended 2018 on a high note, posting Thursday strong fourth quarter production results despite setbacks at its iron ore operations in both South Africa and Brazil.
News ID: 3383 Publish Date : 2019/01/24
Gold giant Barrick (TSX:ABX)(NYSE:GOLD) said Monday that while it continues to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for its Lumwana copper mine, it would consider selling the operation given the “challenging conditions” it’s facing.
News ID: 3357 Publish Date : 2019/01/22
The copper price came under renewed pressure on Monday after headline figures showed a slowdown in the Chinese economy to annual rates of growth not seen in nearly three decades.
News ID: 3354 Publish Date : 2019/01/22
Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.
News ID: 3324 Publish Date : 2019/01/19
Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge Project in Jamaica.
News ID: 3316 Publish Date : 2019/01/18
China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo’s operation.
News ID: 3313 Publish Date : 2019/01/18
Hudbay Minerals’ (TSE, NYSE: HBM) second-largest investor, Waterton Global Resource Management, is seeking to oust the Canadian miner’s chief executive officer and overhaul its board.
News ID: 3291 Publish Date : 2019/01/16
BEIJING – China's unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 2018, customs data showed on Monday, boosted by the country's crackdown on scrap metal shipments.
News ID: 3270 Publish Date : 2019/01/15
Murchison Minerals (TSXV: MUR) Minerals announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.
News ID: 3230 Publish Date : 2019/01/11
Concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, will drop about 85% this year because of a lag in output while operations shift from open pit to underground mining, a government official said on Wednesday.
News ID: 3221 Publish Date : 2019/01/10
Surge Exploration (TSX‐V: SUR) announced on Wednesday that its board of directors approved a strategic reorganization of the company’s assets that would spin off its interests in the “Hedge Hog” and “Mineral Mountain” exploration projects, both copper/gold projects in British Columbia, Canada.
News ID: 3219 Publish Date : 2019/01/10
Canadian junior Equinox Gold (TSX-V: EQX) is in the countdown to begin commercial production at its Aurizona gold mine in Brazil, bringing the company closer to its goal of becoming a leading mid-tier producer of the yellow metal.
News ID: 3218 Publish Date : 2019/01/10
Base metals started the new year where they left off the old one, by falling again.The London Metal Exchange index (LMEX) slumped to a one-and-a-half year low of 2730.1 on Jan. 3.The trigger was Apple Inc's revenue warning, not the type of news event that normally roils prices of old-economy metals such as copper, lead and zinc.
News ID: 3210 Publish Date : 2019/01/09
At least 30 Afghans were killed on Sunday when the tunnel they were digging in to mine gold in northern Afghanistan collapsed, officials said.
News ID: 3182 Publish Date : 2019/01/07
Global refined copper consumption will register steady growth over the coming years, driven by demand from the power industry, rising electric vehicle (EV) production and a positive global economic growth outlook, a new copper supply and demand outlook by Fitch Solutions shows.
News ID: 3181 Publish Date : 2019/01/07
Ecuador, one of the hottest destinations for copper prospectors, aims to more than double the value of mining to its economy by 2021, but projects risks delays and potential halts due to growing local opposition to the extraction of the country’s resources.
News ID: 3180 Publish Date : 2019/01/07
Iranian copper mills produced over 179,000 tons of copper in the first 3 quarters of the current Iranian year (started on March 21), which shows an 18% increase compared with the corresponding period in the last year.
News ID: 3175 Publish Date : 2019/01/06
Zambia's Konkola Copper Mines (KCM), majority owned by Vedanta Resources, suspended operations at its Nchanga mine following the introduction of an import duty on copper concentrates, the company said.
News ID: 3173 Publish Date : 2019/01/06
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
News ID: 3146 Publish Date : 2019/01/03
Rio Tinto and Mongolia have signed a deal for the supply of power to the miner's giant copper mine extension at Oyu Tolgoi by mid-2023, with both sides saying the framework agreement marked a step forward after a protracted dispute.
News ID: 3130 Publish Date : 2019/01/01