Europe’s top copper producer Aurubis hit by huge metals scam
Mining News Pro - Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive scam involving shipments of scrap metal that it uses in its recycling business.
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Visit: 200
Codelco turns to new CEO as debt piles up at top copper producer
Mining News Pro - Codelco will name its third CEO in a year in the coming weeks as Chile’s state-owned copper company struggles to turn around a slump in output and earnings. With debt at $19 billion and rising, the stakes are getting higher for bondholders.
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Visit: 111
Output from top copper producers down 3.7% in Q2 2020 – report
Mining News Pro - Copper output from the world’s top ten producers declined by 3.7% year-on-year collectively during the second quarter of 2020, according to GlobalData, a UK-based data analytics and consulting company.
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Visit: 597
BHP becomes world’s top copper producer
Mining News Pro - BHP Group on Monday became the world’s largest copper miner based on production after Chile’s copper commission announced a slide in output at state-owned Codelco.
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Visit: 997
Chile protests threaten to dethrone world’s top copper producer
Mining News Pro - Codelco’s standing as the world’s top copper producer is increasingly at risk in the wake of a citizen uprising that is shaking Chile to its core.
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Visit: 804
China top copper producer halts output after pollution order
Mining News Agency - China’s largest producer, is halting all output in the province after the local government ordered the curbs to reduce pollution, a company official said.
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Visit: 1074