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Chilean miner Mantos Copper secures $250m to finance concentrator expansion

5 September 2019 - 20:15
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.

Global wind turbine fleet to consume over 5.5Mt of copper by 2028 — report

3 September 2019 - 15:51
Over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and 2028, which will consume in excess of 5.5Mt of copper, according to new analysis by Wood Mackenzie.

Excelsior to deliver first copper production from Arizona by year-end

29 August 2019 - 18:22
Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.

China places additional 5pc tariff on US copper scrap

26 August 2019 - 19:14
China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.

China places additional 5pc tariff on US copper scrap

24 August 2019 - 21:07
China will implement an additional 5pc tariff on imports of US copper scrap, increasing the total tariff to 30pc, effective 15 December.

Copper price bears “overlooking decent fundamentals”

24 August 2019 - 17:52
The price of copper came under pressure again on Thursday amid worries about a global economic slowdown, particularly in manufacturing, vital to overall demand for the bellwether metal.

China Molybdenum says giant Congo copper mine is losing money

21 August 2019 - 21:31
The Chinese operator of the Democratic Republic of Congo’s largest copper producer has told employees that it’s struggling to make money as the collapse of cobalt and copper prices hits miners in the country.

Glencore could do for cobalt what it did for zinc – double the price

21 August 2019 - 21:08
The price of cobalt is up 18% over the last two weeks after Glencore announced it is halting operations at its Mutanda copper-cobalt mine in the Congo – until at least 2021.

Canada’s Los Andes Copper to build “Chile’s next major mine”

21 August 2019 - 21:06
Canadian junior Los Andes Copper (TSX-V: LA) is moving forward with plans to build a 110,000 tonne per day operation, which it believes will be Chile’s next major copper mine.

Colombian authorities file claim against AngloGold Ashanti’s subsidiary

19 August 2019 - 16:21
Antioquia’s Autonomous Regional Corporation Corantioquia filed an administrative claim that allows it to lay charges against Minera de Cobre Quebradona, a subsidiary of AngloGold Ashanti (JSE:ANG) (ASX:AGG) (NYSE:AU), in Colombia’s northwestern Antioquia department.
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