Sprott Asset Management launches copper miners ETF
Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.
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Copper miners, Chinese smelters agree first drop in fees in 3 yrs
Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said.
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Panama copper miners attacked by protesters, union boss says
Mining News Pro - Protesters attacked workers leaving the Cobre Panama mine early Sunday in an incident that left about eight people injured, a union leader said.
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Chile copper miners cry foul as royalty bill advances to Senate
Mining News Pro - Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the Covid-19 pandemic.
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Chile`s top copper miners boost June output during coronavirus peak
Mining News Pro - Chile`s largest copper mines boosted output in June, according to government statistics released late on Tuesday, churning out more of the red metal even as the coronavirus outbreak hit its stride in the South American mining powerhouse.
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Chilean copper miners labour group alleges `alarming` rise in coronavirus cases
Mining News Pro - Chilean copper miners` unions called on Sunday for a re-evaluation of the operational continuity plans of the country`s biggest miners during what they said was an "alarming" increase in coronavirus cases among workers.
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Chilean copper miners considering production cuts
Mining News Pro - Copper miners in Chile are considering cutting production amid strict measures to contain the spread of the new coronavirus, an association of companies in the sector has told Reuters.
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Global copper miners head for worst quarter since 2008
Mining News Pro - Copper miners are poised for their worst quarter since 2008 after the coronavirus pandemic fueled demand fears for industrial metals and forced companies to curb mining operations.
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Gap between no. 1 and 2 copper miners widens as Codelco output drops 5.3%
Mining News Pro - Chile’s Codelco, the world’s second-largest copper miner, has fallen further behind BHP (ASX: BHP) in the top producers of the metal’s rank, after reporting that its output for 2019 had fallen by 5.3% to 1.588 million tonnes.
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Zambia to make copper miners account for gold
Mining News Pro - Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources, a senior ministry of mines official said on Thursday.
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Copper miners eye high-tech demand
Mining News Pro - Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity.
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Copper miners, smelters at stalemate over processing charges
Mining News Agency - China`s smelters and international miners have not agreed to terms for next year`s treatment and refining charges (TC/RCs) this week, potentially prolonging negotiations into 2018 as both sides haggle over supply tightness and demand, according to six industry sources.
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Copper miners to see profit grow further in 2018
Mining News Agency - After struggling with falling copper prices since 2011, producers of the red metal are finally recording profits thanks to this year`s upswing. And, according to analysts at S&P Global Market Intelligence, the miners’ profit margins are set to grow further in 2018.
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Visit: 1048
Copper miners to see profit grow further in 2018
Mining News Agency - After struggling with falling copper prices since 2011, producers of the red metal are finally recording profits thanks to this year`s upswing. And, according to analysts at S&P Global Market Intelligence, the miners’ profit margins are set to grow further in 2018.
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Visit: 944