Copper Top Stories

Turquoise Hill swings to loss on Mongolia mine woes

The company reported a loss of $736.7 million in the…

Vedanta launches arbitration in dispute with Zambia

Vedanta denies that KCM has broken the terms of its…

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Anglo American and Codelco meet in court

Formerly called “The Disputed One,” Anglo American’s Los Bronces mine located northeast of Santiago, Chile, is living up to its name. The operation, which is expected to become the world's fifth-biggest copper mine, is at the heart of the ongoing legal dispute between the London-based global miner and Chile’s Codelco, the world’s largest copper producer.

With mining sector in pits, GDP growth to take big hit

An unprecedented crackdown on corruption in India's mining industry, led by the Supreme Court and state-level agencies such as Karnataka's Lokayukta, coupled with rigorous enforcement of environmental norms is resulting in collateral damage to the economy, with plunging mining output leading to a fall in industrial production and GDP growth.

Copper order in Mongolia awarded to FLSmidth

FLSmidth has been awarded a contract worth approximately USD 105m (approximately DKK 600m) from the Mongolian company, Mongolyn Alt (MAK) Group, to supply a greenfield copper concentrator for a mine some 500 kilometres from the capital city Ulaanbaatar, Mongolia.

Barcap metals traders lose out to Red Kite

Betting that copper prices would rise, Barclays Capital traders lost tens of millions of dollars, sources say, the bank said the losses were not "big" and that there was no "abnormal" trade.