Copper price gains as world’s biggest mine preps for strike

“Everyone loves copper and everyone wants to buy it” has been this year’s mining mantra. Today the ball started rolling.

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

The Chinese gold and base metals producer will give Nevsun Cdn$6 per share in cash, trumping Lundin’s C$4.75 a share bid launched in July.

Chinese manufacturing gauge drops to 14-month low.

With total reserves of around 26.7 million tonnes of copper, Udokan is the largest undeveloped copper deposit in Russia and one of the biggest in the world.

Environmentalists say that glaciers close to mining sites could melt more rapidly.

Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.

Developers want to ease up geologists' work.

Miner Grupo Mexico could reopen the country's largest underground mine in the first quarter of 2019, after it closed due to a workers strike.