Copper Top Stories

IMF says $10 billion Congo budget unrealistic as mining slows

The IMF projects that Congo’s actual revenue this year will…

Barminco’s remote system operates loaders 1,000 kilometres away

The subsidiary of fellow Australian company, Perenti, successfully piloted its…

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Conga remains key for Newmont

Newmont Mining's (NYSE:NEM) $4.8 billion copper-gold project in Cajamarca Peru remains as one of the company’s priorities, but further development will be done on a very measured basis, told MINING.com the company’s head of communications, Omar Jabara.

More singers join the ‘supercycle is over’ choir

Financial Times analysts are the latest ones singing the “supercycle is over” song, as the paper points today to recent profit reports from major miners, including Anglo American, BHP Billiton, Rio Tinto and Xstrata as the most recent evidence.

Peru abandons Newmont’s $4.8 billion Conga

The Peruvian government has thrown in the towel on Newmont Mining's (NYSE:NEM) controversial Conga mine as the nation's prime minister announced Monday evening the $4.8 billion copper-gold project is now on the back burner.