Aluminum and Copper

Mining News Pro - The price of copper declined for a fifth day in a row on Thursday despite trade data showing Chinese imports of the orange metal growing at a record-setting pace.

Mining News Pro - Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659.

Mining News Pro - Teck Resources, Canada’s largest diversified miner, posted Wednesday quarterly profits below estimates, due mainly to weak prices for heavy crude and base metals.

Mining News Pro - The Copper Mountain mine, located in Princeton, British Colombia, and owned/operated by Copper Mountain Mining Corporation, has been producing copper since 2011.

Mining News Pro - Chairman of Ministry of Mine, Industry, and Trade of Tabas: Ferrosilicon-Aluminum plant will be inaugurated by foreign investment.

Mining News Pro - The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its Mining Act, which were said to be aimed at letting a new company extract the island’s riches.

Mining News Pro - Southern Copper Corp said on Monday that a key plant it uses to produce copper in Peru would not fully restart for another three to five days while work is done on its tailings and railway infrastructure following heavy rains.

Mining News Pro - The global aluminium market will see a number of deficits over the next few years as solid demand growth, driven by the construction and autos sectors, outpaces production growth, a new aluminium supply and demand outlook by Fitch Solutions reports.

Mining News Pro - Russian aluminum giant Rusal expects demand for aluminum to grow in 2019 and sees potential for prices to rise, it said on Friday, sending its Hong Kong-listed shares up 12% to a 10-month high.

Mining News Pro - Commodities giant Glencore has reported production figures for 2018 and confirmed 2019 guidance that implies a 14%-year-over-year increase in copper equivalent production.

Mining News Pro - Rio Tinto’s BC Works aluminum smelter and Kemano power operations have been certified by the Aluminium Stewardship Initiative (ASI). This is the highest internationally recognized standard for environmental, social and governance practices.

Mining News Pro - Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.

Mining News Pro - January’s copper price rally came to a screeching halt on Friday after a key gauge showed Chinese factory output shrinking at the fastest pace in almost three years.

Mining News Pro - Excelsior Mining Corp. of Vancouver is developing the Gunnison in situ copper project in Cochise County for production beginning in Q4 2019. Work is progressing on all fronts.

Mining News Pro - Engineers from UCLA have developed a way to make an aluminum alloy known as AA 7075 so strong that it can be welded without breaking.

Mining News Pro - U.S. lifts April sanctions on aluminium producer Rusal.

Mining News Pro - Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.

Mining News Pro - A paper published in the journal Geology predicts that scientists are close to proving that microbes have control over the precipitation of metals in near-surface environments.

Mining News Pro - Anglo American’s fourth-quarter results enabled the global miner to end 2018 on a high with overall output rising 7%.

Mining News Pro - Imperial Metals has published its fourth quarter and year-end numbers for its operations. For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.

In Picture