Copper

In what is being regarded as the first major African mining play by a Chinese company, China Minmetals succeeded Friday in closing its $1.3 billion bid for copper miner Anvil Mining.

Chile is not only the largest copper producer in the world, but also the country with the largest worldwide reserves of the red metal, reveals the latest commodity report by the U.S. Geological Survey (USGS).

Collahuasi, the third largest copper mine in the world, resumed operations this morning after a snowstorm halted production on Sunday, publishes online news outlet Terra.cl

Brazilian copper developer Avanco Resources (ASX:AVB) said today that it would double the company’s copper gold resources through the acquisition of the Pedra Branca Copper-Gold Project in Brazil's Carajas Mineral Province from Xstrata Copper.

Two of the 33 Chilean miners trapped during 69 days underground in 2010 are back in the mining world, after over a year of vain efforts to find a job, reports local online news site SoyCopiapo.cl.

Peruvians in the northern region of Cajamarca are not giving up easily in their fight over Newmont Mining's proposed Conga copper-gold mine.

Talks between the Ecuadorian government and Kinross Gold have stalled over the country's largest mine, Fruta del Norte.

Arizona congressman Paul Gosar (R-Flagstaff), during a hearing today on the Department of the Interior's 2013 budget, took the opportunity to question Interior Secretary Ken Salazar on his department's opposition to a bill clearing the way for the proposed Resolution Copper mine near Superior, Arizona.

A week after announcing substantial profits and the expansion of their vast Western Australia iron ore operations, BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE:RIO) said yesterday that they would spend $US 4.5 billion on the Escondida copper mine in Chile.