Copper stocks Articles

Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament

Jan. 31, 2019, 11:21 AM / Reuters

Australia's two biggest miners on Thursday backed calls for an indigenous advisory body in parliament, saying Prime Minister Scott Morrison's opposition to the proposal did not "stand up to scrutiny".Australia has struggled for decades to reconcile with descendants of first inhabitants, who arrived on the continent some 50,000 years before British colonists.The government only issued a formal apol...Read More

SolGold wants to tighten grip on Ecuador project, buy out minority shareholder

Jan. 31, 2019, 3:09 AM / Cecilia Jamasmie

Ecuador-focused explorer SolGold (LON, TSX:SOLG) revealed Thursday plans to acquire Cornerstone Capital Resources (TSX-V:CGP), a Canadian firm which has a 15% interest in the miner's coveted Cascabel copper-gold project, located 180 km north of the capital Quito.The takeover would see Cornerstone's investors receive 0.55 SolGold shares for each their shares, which SolGold said was a 20% premium.In...Read More

Intercepts 22.3m at 13.05% copper at Kamoa North

31 January 2019 / Staff reporter

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThe drill hole included multiple 1m intersections with grades above 20% copper and Ivanhoe said DD1450 was the t...Read More

MOD shareholders given easy choice

31 January 2019 / Staff reporter

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningIn a recent clearout of long-hoarded papers, I came across a 1982 article penned by economist Walter Adams criti...Read More

RMA cementing alliances in northwestern BC

Jan. 30, 2019, 4:45 PM / MINING.com Staff

A partnership of First Nations, exploration companies and provincial government representatives is working well, as the three groups work collaboratively to progress mineral exploration and mining in northwest British Columbia.That was the message behind a panel discussion Tuesday at Roundup 2019, inside the Pan Pacific Hotel in Vancouver.The four-day annual event is a chance for mineral explorers...Read More

Anglo American lays off 180 workers at Chile copper mine

Jan. 30, 2019, 2:50 PM / Reuters

Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers.The layoffs were necessary to combat rising costs at the mine, Anglo American said in a statement. The mine sits high in the Andes but on the outskirts of the capital city of Santiago, well s...Read More

Ivanhoe drills Kamoa-Kakula's best intersection to date

Jan. 30, 2019, 12:55 PM / The Northern Miner

Ivanhoe Mines has drilled what it's calling an "unprecedented" intersection in a shallow, flat lying deposit at the Kamoa North exploration area on its 397 sq. km Kamoa-Kakula mining license.The company cut 13.05% copper over 22.25 metres from 219 metres downhole at a 2% copper cut off grade in a deposit that begins 190 metres below surface. At a 5% copper cut off grade, the intersection cut 15.9...Read More

Copper producer Aurubis names Roland Harings as new CEO

Jan. 30, 2019, 11:52 AM / Reuters

Aurubis AG, Europe's biggest copper producer, on Wednesday named Roland Harings as its new CEO.Harings has been CEO of MKM Mansfelder Kupfer und Messing, a German manufacturer of copper semi-finished products, since 2014.Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler, the company said. Aurubis announced in December that Schachler would leave the group when his con...Read More

Last missing miner rescued from Polish mine after tremor

Jan. 30, 2019, 11:21 AM / Reuters

Rescue teams on Wednesday saved the last miner missing after an earth tremor struck a copper mine near the Polish town of Rudna, 70 miles east of the German border, the mine's owner said.KGHM Polska Miedz initially reported 14 miners missing after the tremor hit the mine early on Tuesday afternoon, 770 metres below the earth's surface. All but one of the miners were found on Tuesday. Some had suff...Read More

SNC's mystery problem has analysts pointing to Chile after rout

Jan. 30, 2019, 10:53 AM / Bloomberg News

SNC-Lavalin Group Inc. won't reveal the location of a "serious problem" in its mining business that fueled an epic share rout Monday. But analysts are pointing the finger at Chile.AltaCorp Capital, Desjardins Capital Markets, Canaccord Genuity and Raymond James say a copper mine run by Codelco, Chile's state-owned copper producer, is the probable source of SNC's pain. SNC Chief Executive Officer N...Read More

US govt study sees electric car sales stuck in slow lane

Jan. 30, 2019, 10:19 AM / Frik Els

Increased demand for battery materials used in electric vehicles has reignited interest in the mining sector now that the China-induced supercycle in commodities demand is levelling off.But if you rely on forecasts of EV take-up from the US Energy Information Administration, you may well wonder what the hype is about.The EIA Energy Outlook 2019, released last week, foresees uptake of electric vehi...Read More

Cordoba Minerals dealing with fraudulent transactions at Colombian subsidiary

Jan. 30, 2019, 7:19 AM / MINING.com Staff

Cordoba Minerals (TSXV: CDB), the Toronto-based miner developing the San Matas project in the department of Crdoba in northern Colombia, issued a media statement today detailing the reasons behind the lawsuits it filed in late 2018 and January 2019.According to the press release, Cordoba was forced to present criminal charges before Colombian prosecutors against nine members of former management a...Read More

Fortune Minerals commits to hire locally at Canada's first primary cobalt mine

Jan. 30, 2019, 3:08 AM / Cecilia Jamasmie

Fortune Minerals (TSX: FT) (OTCQX: FTMDF), the company behind what could become Canada's first primary cobalt mine, has signed a socio-economic agreement with the government of the Northwest Territories (N.W.T.) in which it commits to hire and spend locally.The 48-page document sets out targets for jobs, spending, education, and training in the Territories as the NICO cobalt, bismuth, gold, and co...Read More

Northern Dynasty's focus narrows to re-partnering as permitting milestones loom

30 January 2019 / Staff reporter

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThe project ranks among the biggest undeveloped copper-gold-molybdenum deposits in the world and has collectivel...Read More

The Fed: Turning Gold Stocks Into Shooting Stars

Jan 30, 2019 / Stewart Thomson

The magnificent gold price rally has paused in the $1300 area for the past few weeks. Monday was COMEX option expiry day.With that now out of the way, gold is already staging more upside action!Please click here now. Double-click to enlarge this daily gold chart. A bullish upside channel breakout is in play and the consolidation was a flag-like pattern.Also, note my key 14,7,7 series Stochastics o...Read More

Metals outlook

30 January 2019 / Staff reporter

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Read More

Regulus Resources has extended high-grade copper-gold mineralisation north at its Antakori project

30 January 2019 / Paul Harris

All holes encountered significant mineralisation with the most notable results being along the northern margin of drilling completed to date. Highlights included 236.35m grading 0.53% copper, 0.63g/t gold and 12.09g/t silver from 87.55m depth. This hole intercepted high-sulphidation epithermal and skarn with overprint of carbonate base metal intermediate sulphidation veining."The AntaKori project...Read More

Los Bronces sheds workers amid expansion move

30 January 2019 / Paul Harris

The company said the future viability of the mine required an adjustment to "how we are organised, how we work and the technology that we use to improve our efficiency and productivity". Los Bronces has about 6,970 workers including contractors.The news comes as the company prepares to file an environmental impact assessment in March for an underground expansion project that will require an invest...Read More

VR claims copper discovery

30 January 2019 / Staff reporter

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningIt said it had intersected "a continuous potassic alteration facies as host to numerous granite dykes with coppe...Read More

Vale execs need jail time

30 January 2019 / Staff reporter

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThere are times as a parent, in particular the parent of a teenage boy, when we simply have to accept the realit...Read More