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Copper
Metal
Codelco and Glencore Agree to Partner on Chilean Smelter Project
Chile's state-owned copper producer Codelco and Swiss-based mining and trading company Glencore have signed a preliminary agreement to jointly develop a new…
Metal
LME Copper Races to All-Time Peak Above $11,200 a Ton
London Metal Exchange (LME) copper prices reached a new record high on Friday, surpassing $11,200 per tonne for the first time.A worker loads copper cathodes in…
Metal
Barrick Committed to Pakistan’s Reko Diq Copper Project, Says Interim CEO
Barrick Gold Corp continues to support the development of the Reko Diq copper-gold project in Pakistan, one of the world’s largest undeveloped copper depo…
Australia
South Africa’s Harmony Gold to Invest up to $1.75 Billion in Australian Copper Project
Harmony Gold (HARJ.J) announced on Monday that its board has approved an investment of between $1.55 billion and $1.75 billion to develop the Eva Copper project…
Metal
African Rainbow Minerals Considers Papua New Guinea Copper Venture With Newmont Corp
African Rainbow Minerals (ARM) Chairman Patrice Motsepe said on Tuesday that the company is assessing a major copper project in Papua New Guinea in cooperation …
Metal
Adani Unit Signs Deal With Australia’s Caravel Minerals Copper Project
India’s Adani Enterprises (ADEL.NS) announced on Thursday that its subsidiary Kutch Copper Ltd (KCL) has signed a non-binding agreement with Australia’s Carav…
Metal
Glencore Plans to Shut Canada’s Largest Copper Metal Operation Over Costs
Glencore is reportedly planning to close its Horne smelter, Canada’s largest copper metal-producing facility, due to environmental challenges and the sign…
Metal
Copper Fox Metals Initiates Drilling Programme at Mineral Mountain Project in Arizona
Copper Fox Metals and its subsidiary Desert Fox Mineral Mountain have commenced a diamond drilling programme at the Mineral Mountain porphyry copper project in …
Metal
Glencore Reports Lower Copper Production in First Nine Months
Glencore (GLEN.L) announced on Wednesday that its copper production for the first nine months of the year dropped 17% due to lower ore grades at certain mines, …
Metal
Mining Giant Grupo Mexico’s Q3 Profit up Over 50% on Strong Molybdenum, Silver, Zinc Sales
Wedoany.com Report-Oct. 29, Grupo Mexico, one of the world’s largest mining and transportation conglomerates, reported a strong rise in third-quarter earn…
Metal
Rio Tinto Launches Corruption Inquiry at Oyu Tolgoi
Oyu Tolgoi LLC, a subsidiary of Rio Tinto Group, announced that it is conducting an internal investigation into allegations of corruption and unethical behavior…
Metal
CMOC to Invest $1.1b to Expand Congo Copper Mine
China’s CMOC Group announced plans to invest $1.08 billion to expand its KFM copper mine in the Democratic Republic of Congo (DRC), aiming to increase annual c…
Metal
Sagittarius Seeks Partner for Philippines’ Largest Copper-Gold Mine
Sagittarius Mines, developer of what could become the Philippines’ largest mining operation, is seeking a strategic partner to advance the long-delayed Ta…
Metal
Angola’s First Major Copper Mine Starts Production
Angola’s first large-scale copper mine, the Tetelo project, will soon begin production as part of the country’s plan to expand beyond oil and develo…
Metal
Aramco Trading Pushes Into Metals, Plans Copper Hires
Saudi Aramco’s trading arm, Aramco Trading, is entering the metals market by developing a copper trading portfolio and recruiting specialized traders. The…
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