China wants a made-in-China copper price

The government has set aside some $20 million through June to assist small and medium miners

The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.

PolyMet says the NorthMet Project will annually produce 72 million pounds of copper, 15.4 million pounds of nickel, 720,000 pounds of cobalt and 106,000 troy ounces of precious metals.

Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.

The country expects around $56 billion worth of mining projects to come on stream this year.

The $263 million deal is expected to close in the second quarter.

The layoffs may increase to 1,800 if the metal prices don’t recover soon, said the company.

Codelco says current copper rally will be short-lived.

Analysts believe that Barrick’s partner in Papua New Guinea, Zijin Mining Group, could be the one to help turn Pascua-Lama into a success.