Copper stocks Articles

Britain's FTSE hits 2-year low as Huawei arrest rattles investor confidence

Dec 07, 2018 / Reuters

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 1.9 pct; midcaps down 1.5 pct* Huawei arrest stirs trade tension worries* Oil, mining stocks lead fallersLONDON, Dec 6 (Reuters) - UK shares were sharply lower on Thursday, hitting their weakest levels in two years as oil and mining stocks fell and investors shunned sectors they consider risky after the arrest...Read More

Company in negotiations to set up new JV with third party to complete PSV

07 December 2018 / Staff Reporter

Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineBut the matter is being complicated by the junior having no further claim of ownership to the PSV.A subsidiary of the...Read More

Company in dire straits after US$4M extension to its working capital facility no completed

07 December 2018 / Jacqueline Holman

Look beyond market approach to project valuations: van ZylLeadershipSustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumThe suspensions come after it could not complete a conditional US$4 million extension to its working capital facility w...Read More

AME unveils 2018 Celebration of Excellence award winners

07 December 2018 / Staff Reporter

Sustained investment in people a big plus for consultancySPONSOREDbyrnecutMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIndustry leaders will be recognised for their significant efforts and contribution to the industry at the AME awards ga...Read More

Chile's Codelco agrees contract with Gabriela Mistral mine workers

Dec. 6, 2018, 1:21 PM / Reuters

Chile's state copper miner Codelco said on Thursday it had reached agreement on a new collective labor contract in early negotiations with the union of workers at its Gabriela Mistral mine in northern Chile.The 36-month contract included a signing bonus of 4.2 million pesos ($6,216.63) and a 2 million peso ($2,960.30) premium paid to workers for agreeing to the early negotiation, Codelco, the worl...Read More

Losing licence to operate new and biggest threat to miners - EY

Dec. 6, 2018, 9:54 AM / Cecilia Jamasmie

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More

Government rejects Sierra Metals' tailings EIA for Yauricocha expansion

Dec. 6, 2018, 9:45 AM / Canadian Mining Journal Staff

PERU - SENACE, the Peruvian National Environmental Certification Service, has rejected Toronto-based Sierra Metals' environmental impact assessment for the expansion of the tailings management facility at the Yauricocha polymetallic mine in the Yauyos province.Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process. This process will delay the...Read More

UPDATE 12-Oil edges lower ahead of OPEC meeting

December 06, 2018 / Staff reporter

* OPEC, Russia moving closer to agreeing oil cuts for 2019* Russia's Lukoil says ready to cut oil output if necessary* Saudi crude output hits record 11.3 mln bpd in November (Adds settlement prices, commentary)By Stephanie KellyNEW YORK, Dec 5 (Reuters) - Oil prices dipped on Wednesday ahead of a meeting of the world's biggest exporters, who will discuss cutting output to help shore up prices and...Read More

UPDATE 5-India c.bank keeps rates on hold, moves to spur lending

December 06, 2018 / Staff reporter

* Repo rate held at 6.50 percent* RBI retains "calibrated tightening" stance* Cutting minimum bond holding ratio to spur bank lending* Bond yields fall as RBI lowers inflation projection (Adds further comments from government statement)By Swati Bhat and Suvashree ChoudhuryMUMBAI, Dec 5 (Reuters) - India's central bank kept interest rates unchanged on Wednesday, in a decision that was wid...Read More

India cenbank waiting to see how inflation risks pan out-governor

December 06, 2018 / Staff reporter

MUMBAI, Dec 5 (Reuters) - The Reserve Bank of India would be ready to take policy action if upside risks to inflation do not materialise, Governor Urjit Patel said on Wednesday after the central bank announced it was holding interest rates steady for now. the assessment that growth will likely remain healthy for the rest of the year, the MPC (monetary policy committee) retained its stance at calib...Read More

Road investment points to major discovery by Rio

06 December 2018 / Staff reporter

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company filed a miscellaneous licence application on November 22 for the road, which stretches several hundred kilometres inland to its exploration licence.The application includes ...Read More

Challenging 2019 ahead for mining equities

06 December 2018 / Staff reporter

Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsDealing with the complexity of Coal data with Geobank 2018SPONSOREDmicromineThe past two ‘From the Capital' columns have characterised slowing global growth and tightening monetary condit...Read More

Congo mining revenues jump 147% in first 9 months of 2018

Dec. 5, 2018, 3:20 PM / Reuters

KINSHASA - Democratic Republic of Congo collected $1.21 billion in revenues from its mining sector over the first nine months of 2018, an increase of 147.4 percent over the same period last year, finance ministry data showed.Revenues from the hydrocarbons sector rose 1.4 percent over that same period to $120.11 million, according to the data seen by Reuters on Wednesday.The two sectors together ac...Read More

Altamira expands land position in Brazil

Dec. 5, 2018, 7:10 AM / MINING.com Staff

Altamira Gold Corp. (TSXV: ALTA) reported that it has submitted an application to expand to 300,000 hectares its land position at the Firminho project, located within the Alta Floresta Belt in Mato Grosso, west-central Brazil.Such expansion would be reached by adding new claims that occupy over 70,000 hectares and lie on the northern margin of the belt close to the contact with the sediments of th...Read More

Vancouver miner buys cobalt-vanadium-uranium project in Saskatchewan

Dec. 5, 2018, 6:27 AM / MINING.com Staff

Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More

UPDATE 12-Oil curbs gains amid trade, output cut uncertainty

December 05, 2018 / Staff reporter

* OPEC works on deal to cut output, still needs Russia on board* Canadian supply cut lends support* Soaring U.S. output is OPEC's biggest headache* Texas oil output more than Iraq, OPEC's No.2 producer -Barclays (Adds API data)By Jessica Resnick-AultNEW YORK, Dec 4 (Reuters) - Oil prices pared gains in volatile trade on Tuesday amid fears that demand would stall due to a trade war between the Unit...Read More

Indian shares echo weakness in Asia; investors await state polls' verdict

December 05, 2018 / Staff reporter

* NSE index down 0.3 pct, BSE index 0.42 pct lower* Election results awaited - analyst* RBI decision on WednesdayBy Tanvi MehtaDec 4 (Reuters) - Indian shares fell on Tuesday tracking weaker sentiment across Asia, as domestic investors remained cautious ahead of election results for some states next week.The result of elections in the states of Madhya Pradesh and Mizoram, among others, are expecte...Read More

GLOBAL MARKETS-Stocks slip on doubts over trade truce, worries of slowing growth

December 05, 2018 / Staff reporter

* MSCI all world index eases 0.9 percent* European share markets continue selloff* Confusion over timing of trade truce, China commitments* U.S. yield curve inversion raises recession concerns* Dollar weakens, sterling bounces (Updates with open of U.S. markets)By Laila KearneyNew York, Dec 4 (Reuters) - A key gauge of world equity markets fell on Tuesday as hopes faded for a speedy resolution to...Read More

Deals of the day-Mergers and acquisitions

Dec 05, 2018 / Reuters

Dec 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:** A federal judge who has been asked to sign off on the U.S. government's decision to approve CVS Health Corp's CVS.N acquisition of insurer Aetna Inc (NYSE:AET) said he was "less convinced" than the government that the companies had struck a deal that ensured the merger was...Read More

UPDATE 1-Sterling rally hurts FTSE 100 as Brexit and growth anxieties dominate

Dec 05, 2018 / Reuters

* FTSE 100 down 0.6 pct, FTSE 250 down 1.3 pct* Top EU court advisor says Brexit could revoke Article 50* Thomas Cook (NS:THOM) hits 6-year low* Gold stocks rally on higher prices* Quarterly reweighting roils some shares (Adds details, closing prices)By Helen Reid and Josephine MasonLONDON, Dec 4 (Reuters) - Concerns about growth, doubts about a U.S.-China trade truce, and a rising pound drove Bri...Read More