The Chinese government plans to overhaul the categorisation of high-purity scrap metal as raw material as part of its strategy to accelerate the development of its domestic recycling industry.
News ID: 6621 Publish Date : 2019/10/11
Vedanta Ltd. sought approval from the administration of the southern Indian state of Tamil Nadu to repair its copper smelter as the plant is “crumbling” after being ordered to remain shut for more than a year.
News ID: 6498 Publish Date : 2019/10/05
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
News ID: 6337 Publish Date : 2019/09/05
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028, which will consume in excess of 5.5Mt of copper, according to new analysis by Wood Mackenzie.
News ID: 6290 Publish Date : 2019/09/03
Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.
News ID: 6265 Publish Date : 2019/08/29
China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.
News ID: 6187 Publish Date : 2019/08/26
China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.
News ID: 6143 Publish Date : 2019/08/24
The price of copper came under pressure again on Thursday amid worries about a global economic slowdown, particularly in manufacturing, vital to overall demand for the bellwether metal.
News ID: 6139 Publish Date : 2019/08/24
The Chinese operator of the Democratic Republic of Congo’s largest copper producer has told employees that it’s struggling to make money as the collapse of cobalt and copper prices hits miners in the country.
News ID: 6078 Publish Date : 2019/08/21
The price of cobalt is up 18% over the last two weeks after Glencore announced it is halting operations at its Mutanda copper-cobalt mine in the Congo – until at least 2021.
News ID: 6075 Publish Date : 2019/08/21
Canadian junior Los Andes Copper (TSX-V: LA) is moving forward with plans to build a 110,000 tonne per day operation, which it believes will be Chile’s next major copper mine.
News ID: 6074 Publish Date : 2019/08/21
Antioquia’s Autonomous Regional Corporation Corantioquia filed an administrative claim that allows it to lay charges against Minera de Cobre Quebradona, a subsidiary of AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU), in Colombia’s northwestern Antioquia department.
News ID: 6056 Publish Date : 2019/08/19
Canada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper mine in the Democratic Republic of Congo.
News ID: 6022 Publish Date : 2019/08/18
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
News ID: 5988 Publish Date : 2019/08/16
With environmental regulations becoming increasingly stringent, arsenic looks set to pile ever more pressure on copper producers.
News ID: 5970 Publish Date : 2019/08/16
Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles to keep its title as the world’s largest producer of the metal.
News ID: 5934 Publish Date : 2019/08/15
Rio Tinto on Friday said it had moved a step closer to the development of a new copper project in Arizona, one of the few known major deposits of the metal, with the potential to meet around a quarter of U.S. demand.
News ID: 5870 Publish Date : 2019/08/12
Chile’s Codelco, the world’s largest copper producer, has signed a 10-year loan agreement with Export Development Canada, the country’s export credit agency, which will allow the state-owned miner to access $300 million to finance an ambitious overhaul of its aging mines.
News ID: 5868 Publish Date : 2019/08/12
New copper wire chopping capacity that came on line in the US over the last two years sought to convert an abundance of insulated wire into exportable, higher-quality grades in response to tougher scrap import standards from key consumer China.
News ID: 5820 Publish Date : 2019/08/07
For the past year, copper traded like a seesaw on the on-again, off-again hopes of a U.S. and China trade deal. Now it’s more like a rollercoaster ride down.
News ID: 5774 Publish Date : 2019/08/06
