Copper stocks Articles

Trump bans trade in Iranian metals, ratcheting up tensions

May. 8, 2019, 1:49 PM / Bloomberg News

President Donald Trump issued an executive order on Wednesday prohibiting the purchase of Iranian iron, steel, aluminum and copper, ratcheting up tensions with the Islamic Republic less than a day after it declared it may begin enriching uranium again in two months.Trump said in his order that the prohibition on trading in the Iranian metals - the country is the world's 18th largest steel exporter...Read More

Kinross mulls options to resume long-term operations in Chile

May. 8, 2019, 8:56 AM / Cecilia Jamasmie

Canadian miner Kinross Gold (TSX:G) (NYSE:KGC) is evaluating options for returning to long-term production in Chile, the world's top copper miner, where the company already has two key assets.One alternative the company is very keen on is resuming mining at its La Coipa gold and silver mine, located in Chile's northern Atacama Region, it said while delivering first quarter results on Tuesday.Alter...Read More

Potential similar to Cascabel

08 May 2019 / Staff reporter

Altech ticks boxes on path to production SPONSOREDaltech chemicalsFirst pass mapping and sampling at Target 15 at Porvenir has extended the porphyry copper-gold mineralisation at Cacharposa Creek on the Porvenir 2 concession, where rock sampling returned anRead More

Company reacts to report regarding government agreements

08 May 2019 / Staff reporter

White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe Mongolian parliamentary working group had last month reportedly recommended on...Read More

Knife Lake results carve positive outlook for Rockridge

08 May 2019 / Staff reporter

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftResults included 37.6m grading 2.03% copper, 0.19g/t gold, 9.88g/t silver, 0.36% zinc, and 0.01% cobalt...Read More

Tailings design needs judgement, not process

08 May 2019 / Staff reporter

White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsMy dear old dad is living proof that a little knowledge is a dangerous thing.Read More

Ero copper production stabilises in Q1

08 May 2019 / Paul Harris

Altech ticks boxes on path to production SPONSOREDaltech chemicalsIt posted net income of $15.3 million compared to a net loss of $1.4 million in the same period of 2018 and almost 37% higher than the $11.2 million reported in the past quarter.  It reported revenues of $72 million, an 81% increase over the $39.7 million achieved during the same period of 2018 but 15% lower than the $85.1 mill...Read More

Vale production falls across the board

08 May 2019 / Jacqueline Holman

White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsIron ore fine output was 11% lower on the year to 72.9 million tonnes, while pelle...Read More

Noront chooses Sault Ste. Marie for site of production facility

May. 7, 2019, 4:15 PM / Canadian Mining Journal Staff

Noront Resources of Toronto has chosen the Algoma Steel site in Sault Ste. Marie for its ferrochrome production facility.Four communities - Timmins, Sudbury, Thunder Bay, as well as the Sault - were considered beginning in February 2018. With the help of Hatch engineering firm, they were examined for their environmental and site suitability, capital costs, operating costs, and an assessment of com...Read More

China-US trade war disrupting metal markets, sparking volatility

May. 7, 2019, 11:39 AM / Reuters

A trade dispute between China and the United States is the main issue causing volatility in metal prices and market participants are braced for stormy conditions to persist, industry sources said in Hong Kong this week.A swift deterioration in China-U.S. trade talks hit global financial markets this week as investors faced the prospect of an escalation rather than an end to a 10-month-old trade wa...Read More

Chile copper mine production slides in first quarter - Cochilco

May. 7, 2019, 11:05 AM / Reuters

Copper production at Chile's top mines dropped sharply in the first quarter of 2019, Chilean copper commission Cochilco said on Tuesday, amid a perfect storm of operational issues, heavy rains and falling ore grades at the largest deposits.Cochilco said world top copper miner Codelco saw output drop 17% from the same period in 2018 to 371,000 tonnes.BHP's Escondida copper mine - the world's larges...Read More

SolGold confident in new major copper-gold find in Ecuador

May. 7, 2019, 3:53 AM / Cecilia Jamasmie

Ecuador-focused miner SolGold (LON, TSX:SOLG) said Tuesday that recent results from the Porvenir project, held by its wholly owned subsidiary Green Rock Resources, suggest the presence of a "significant" copper-gold system.Mapping and sampling, SolGold said, has extended copper-gold mineralization at Cacharposa Creek on Porvenir, located in southern Ecuador. The samples, the company noted, show s...Read More

Waiting for Double Bottom Support in Gold Stocks

May7, 2019 / Jordan Roy-Byrne

Several weeks ago we wrote about the downside risk in the gold stocks.After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes.While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound.We plot...Read More

Nevada Copper gets US$115M financing for Pumpkin Hollow

07 May 2019 / Staff reporter

Altech ticks boxes on path to production SPONSOREDaltech chemicalsFunding under the KfW IPEX facility will follow repayment of the company's existing Red Kite Mine Finance senior debt facility, in effect replacing the Red Kite debt to reduce debt service costs,Read More

Battery metals mid-tier emerging

07 May 2019 / Staff reporter

White Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpWill Indonesia abandon its plan to ban bauxite exports?SPONSOREDverisk maplecroftQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsTwo confirmed moves by Wesfarmers, which is best known for its retailing operation...Read More

Lithium price: Battery capacity of electric cars doubles from last year

May. 6, 2019, 3:47 PM / Frik Els

Global car market is at a crossroads. Image courtesy of Velovotee, Creative Commons.Battery metals tracker Adamas Intelligence says that in March 2019, battery capacity deployed worldwide in battery electric cars (including hybrids) nearly doubled from the same month last year.The Dutch-Canadian research company, which tracks EV registrations and battery chemistries in more than 80 countries, says...Read More

EnGold extends mineralization at Lac La Hache

May. 6, 2019, 11:57 AM / Canadian Mining Journal Staff

Vancouver-based EnGold Mines has successfully extended the high grade gold-bearing quartz veins at its Lac La Hache property in the Cariboo region. The veins include a series of narrow, quartz-carbonate, gold-silver sulphide veins in several new showings chosen after follow-up to the 2018 soil geochemical results. The seven hole, 463-metre drill program extended the Main vein to 180 metres total s...Read More

Faltering metals get check-up as industry gathers in Hong Kong

May. 6, 2019, 11:14 AM / Bloomberg News

Base metals have had a shaky start to 2019, with a cautious first-quarter advance giving way to an April drop on uncertainty about the global economy and the impact Chinese stimulus will have on consumption.Clouding the outlook are mixed signals on world growth. China's first official gauge of the manufacturing sector fell in April, indicating that more may be needed to bed down the economic stabi...Read More

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

May. 6, 2019, 9:14 AM / Reuters

The Hong Kong Futures Exchange (HKEX) plans to launch dollar-denominated mini contracts for six base metals in the coming months, the head of market development at the London Metal Exchange (LME) said on Monday. The standardised monthly futures contracts will reference LME prices and are being launched to "broaden access in the region for LME priced contracts", Robin Martin told an industry event...Read More

Minnesota environmentalists step up fight against Twin Metals' copper project

May. 6, 2019, 7:00 AM / Cecilia Jamasmie

A coalition of businesses, environmental advocates and outdoor recreation groups in the state of Minnesota, U.S., have gone to court challenging a Trump administration's decision that opened the door to a copper, nickel and platinum project in a wilderness area.Chilean miner Antofagasta (LON:ANTO), through its subsidiary Twin Metals, is in the midst of carrying out a feasibility study for the proj...Read More