Copper boom has a top zinc miner scouring for red-metal assets

Mining News Pro - Brazilian conglomerate Votorantim is on the prowl for copper assets as demand for the metal used in wiring is set to take off in the clean energy transition.

Global copper supply at risk as workers vote to strike

Mining News Pro - A tightening global copper market is facing the real possibility of simultaneous strike disruptions at three mines in Chile, the top producer.

Codelco lifts copper output in boost to tight market

Mining News Pro - Codelco’s sales surged last quarter as the world’s biggest copper supplier ramped up production just as rebounding economies sent prices of the metal to record highs.

Goldman recapitulates $5 a pound copper price by end of 2021

Mining News Pro - In a new research note, Goldman Sachs says the copper price is “poised for the next leg higher” as short term headwinds fade and fundamentals point to a significant demand boost further out.

First Quantum shelves stake sale for Zambia copper mines

Mining News Pro - Canadian copper miner First Quantum Minerals has shelved plans to sell a stake in its Zambian copper mines, COO Tristan Pascall said on Wednesday.

Peru road blockades hit MMG’s Las Bambas copper mine once again

Mining News Pro - A four-day-long blockade in Peru by protesters seeking greater benefits from exploitation of natural resources is disrupting operations of MMG Ltd’s Las Bambas copper mine, one of the country’s largest, the energy and mines ministry said.

Teck quarterly profit rises 4% on higher copper prices

Mining News Pro - Canadian miner Teck Resources said on Tuesday that quarterly adjusted profit rose 4% sequentially, driven by record-high copper prices.

Copper price highest in 6 weeks as flooding in China raises supply concerns

Mining News Pro - Copper prices jumped on Monday as floods in China sparked demand hopes at a time when inventories are falling.

Cyberattack disrupts main African cobalt, copper export hub

Mining News Pro - A cyber attack has disrupted container operations at the South African port of Cape Town, affecting its operating systems. Durban, the busiest shipping terminal in sub-Saharan Africa, was also affected.

First concentrate produced at Khoemacau’s copper/silver project

Mining News Pro - Fluor reports that Khoemacau Copper Mining recently achieved first copper and silver concentrate production at its starter project, near Toteng, in Botswana.

Introducing Copper to the World 2021

Mining News Pro - Copper to the World returns in 2021, presented live at the Adelaide Convention Centre and simultaneously live-streamed to attendees located around the world.

Copper price rises as China decides to release less reserve than expected

Mining News Pro - Copper price rose on Thursday, as China decided to release fewer reserves metals than expected.

Freeport-McMoRan profit beats estimates on higher copper prices

Mining News Pro - Freeport-McMoRan Inc beat Wall Street’s expectations for second-quarter earnings on Thursday as the copper producer, one of world’s largest, benefited from higher demand and increased prices for the red metal.

Copper price falls

Mining News Pro - The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies.

Copper price falls amid covid-19 worries

Mining News Pro - As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – permanent magnets, sometimes smaller than a pack of cards, that power electric engines.

Copper price falls amid covid-19 worries

Mining News Pro - The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies.

Jiangxi Copper to invest $1.8bn in making foil for batteries

Mining News Pro - Jiangxi Copper Co, one of China’s biggest copper producers, said it would invest 11.4 billion yuan ($1.76 billion) in a project to make 100,000 tonnes per year of copper foil for lithium batteries.

Freeport Indonesia cancels Tsingshan copper smelter plans

Mining News Pro - Freeport McMoRan will not proceed with plans to build a new copper smelter with China’s Tsingshan Holding Group, its local Indonesian unit, PT Freeport Indonesia’s spokesman told Reuters on Thursday.

Copper price up on hopes of further monetary easing in China

Mining News Pro - The copper price regained some strength on Thursday after consecutive losses, as weaker-than-expected economic data from top consumer China raised hopes the country would implement further monetary easing to prop up growth.

Fund managers give copper a wide berth as China cools

Mining News Pro - Fund managers have been reducing their exposure to copper as the market heads into what is normally a seasonally weak spot for demand.

Copper comes a cropper at DRDGold’s Far West

Mining News Pro - A new R12-million copper elution circuit at DRDGold’s Far West Gold Recoveries (FWGR) surface retreatment operation is expected to deliver an additional 1.2 kg to 1.8 kg of gold a month that would otherwise have been lost to refining charges.

Copper demand drives Sandfire growth at Degrussa

Mining News Pro - Sandfire Resources has surpassed its production guidance for the 2021 financial year thanks to strong demand for its copper from the DeGrussa operation in Western Australia.

Copper price slides as China vows measures to ease commodity prices

Mining News Pro - The copper price fell on Tuesday after China declared it will keep its economic operations within a reasonable range over the next 18 months and take “comprehensive measures” to ease rising commodity prices.

Copper price down while China’s smelters reduce production

Mining News Pro - China’s major copper smelters lowered production in June by 3.6% from the previous month due to seasonal maintenance, state-backed research house Antaike said on Monday

Copper price rises as dollar retreats

Mining News Pro - Copper prices ticked up on Friday as the US dollar pulled back from a three-month high.

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