Copper Top Stories

Buenaventura sees Antofagasta as ally in copper growth plans

While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan.

Bloomberg News | January 4, 2024 | 12:43 pm

Atico shares surge on long-term extension for La Plata mining concession in Ecuador

This new period of validity for the mining concession is…

Staff Writer | January 4, 2024 | 9:34 am

Barrick, Antofagasta to spend $95m exploring for copper in Chile

Through the newly formed Minera El Encierro, the companies will…

Staff Writer | January 4, 2024 | 5:45 am

Teck ditches coal, flags lower copper output in Chile

Japan’s Nippon Steel and South Korea's Posco now own Teck's…

Cecilia Jamasmie | January 4, 2024 | 3:49 am

Workers at First Quantum’s shuttered Panama mine warn of threat to ‘invade’ site

The miners' union expressed concern about the construction workers' plans…

Reuters | January 4, 2024 | 3:17 am

ERG to spend $1.8 billion doubling African copper, cobalt output

Currently, the company produces 200,000 tonnes of copper and 25,000 tonnes of cobalt annually at the mines across the central African copper belt.

Bloomberg News | February 7, 2023 | 9:28 am

Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals

The deal still requires the approval of Australia’s regulatory bodies and the copper-gold miner shareholders, who are set to vote in April.

MINING.COM Editor | February 7, 2023 | 5:51 am

South Africa hit by investment strike, key mining employer says

More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence.

Bloomberg News | February 7, 2023 | 4:47 am

Newmont open to sweetening $16.9bn bid for Newcrest – source

Already the world's largest gold producer, Newmont would become a gold mining behemoth should it prevail in its bid for Newcrest.

Reuters | February 6, 2023 | 8:32 pm

Newmont’s bid for Newcrest marks new era of mining mega deals

Newmont’s all-stock offer would be the largest gold mining takeover ever.

Bloomberg News | February 6, 2023 | 5:22 pm

Anglo American CEO urges public-private fix to Transnet crisis

Transnet has been unable to meet demand for freight trains to transport iron ore, coal and other commodities.

Reuters | February 6, 2023 | 11:01 am

Global copper smelting climbs in January to one-year peak – satellite data

January is traditionally a strong month for copper production in China, while favourable economics also provided a boost.

Reuters | February 6, 2023 | 9:54 am

First Quantum suspends loading operations at Cobre Panamá port

The miner said that it might become necessary to shut down Cobre Panama if concentrate is not shipped by mid-February.

Staff Writer | February 6, 2023 | 4:39 am

Aurubis Q1 profit drops on high power prices; optimistic for full year

Aurubis posted a fall of about 24% in quarterly earnings on Monday.

Reuters | February 6, 2023 | 4:16 am

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