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Latest Stories

HudBay to pay C$397.5M for Norsemont

The cash and stock deal will provide the Canadian miner with access to a major copper deposit in Peru BANGALORE (Reuters) - Canada's HudBay Minerals Inc (HBM.TO: Quote) agreed to buy Norsemont Mining Inc (NOM.TO: Quote) to gain access to a major copper

Taseko says production at Gibraltar mine to rise in 2011

The group says the mine in British Columbia produced more than 90m pounds of copper in 2010 and that this number will increase once a bottleneck in the ore feed system is cleared Taseko Mines (TKO.TO: Quote) said on Wednesday that its Gibraltar mine in

Copper tumbles on broad-based US selling

US copper futures shed almost 2% as investors continued to sell out of the commodities complex NEW YORK (Reuters) - U.S. copper futures shed nearly 2 percent of their value Tuesday morning, extending a retreat from the previous session's record peak as