Copper Stock Articles

Antofagasta to stay put on dividend policy but will return cash to shareholders

Apr. 9, 2019, 11:01 AM / Reuters

Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said. "If you look at the last three or four years, we have been distributing close to around 50 percent of net earnings. We are not going to change the policy; we think it has served...Read More

Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg - CEO

Apr. 9, 2019, 10:54 AM / Reuters

Freeport-McMoRan Inc plans no dividend hikes, acquisitions or debt buybacks over the next two years as it focuses on expanding Indonesia's Grasberg copper and gold mine underground, its chief executive told Reuters on Tuesday.The strategy underscores Freeport's desire to keep Grasberg, one of the world's largest mines, the crown jewel of its operations even amid the complex task of excavating the...Read More

Rio Tinto to join World Bank's green mining program

Apr. 9, 2019, 10:02 AM / Reuters

Rio Tinto said on Tuesday it will join a World Bank initiative intended to help developing countries sustainably mine lithium, cobalt and other minerals critical to the global electrification trend.Rio's participation in the program, known as Climate-Smart Mining and set to launch in May, comes as miners face increasing pressure from investors and non-governmental organizations to make supply chai...Read More

Indonesian gold miner Amman is said to consider $600m IPO

Apr. 9, 2019, 9:37 AM / Bloomberg News

PT Amman Mineral Nusa Tenggara, which owns the second-largest copper and gold mine in Indonesia, is weighing an initial public offering that could raise as much as $600 million, according to people familiar with the matter.The company is working with advisers to list in Jakarta as early as the fourth quarter, said the people, asking not to be named as the information is private. The firm also owns...Read More

Ivanhoe execs brief Congo president on progress of massive copper project

Apr. 9, 2019, 7:17 AM / MINING.com Staff

Ivanhoe Mines (TSX: IVN) issued a media statement this week saying that a few of the company's top executives met with F?(C)lix Tshisekedi, the recently-elected President of the Democratic Republic of Congo, and updated him on the progress being made in the development of the Kamoa-Kakula copper project and the Kipushi zinc project.Kamoa-Kakula, a joint venture between Ivanhoe, Zijin Mining Group...Read More

Raw materials suppliers will increasingly have to show sustainable supply chains

09 April 2019 / Staff reporter

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixBatteries for electric vehicles (EVs) and stationary energy storage dev...Read More

Gold Stocks Still Marching

Apr9, 2019 / Adam Hamilton

The gold miners' stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumbering...Read More

Copper deficit overstated; is oversupply coming?

09 April 2019 / Staff reporter

Eastern promise for PolarXSPONSOREDpolarx"Producers have had a positive view for some time as the consensus has been that the world needs new mines, but our analysis is starting to show that deficits are neither as large or as long as peopleRead More

Trade war acts as brake on copper investment

09 April 2019 / Staff reporter

Eastern promise for PolarXSPONSOREDpolarxIn a presentation entitled, 2019: The year of Chilean mining, the minister commented that while copper demand was forecast to increase 2.Read More

Euro Sun defends green plan for gold project

09 April 2019 / Staff reporter

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe company said it was commenting on its approach "in response to many...Read More

Nicola intersects 'significant mineralisation' north of old mine

09 April 2019 / Staff reporter

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAmong the latest results, it reported 76.6m at 1.35% copper-equivalent, including 33.65m at...Read More

Altiplano considers magnetic separation for Farellon ore

Apr. 8, 2019, 3:10 PM / Canadian Mining Journal Staff

Altiplano Metals of Edmonton, Alta., is considering a magnetic separation plant for its Farellon copper-gold project near La Serena. The company says that copper recoveries from low grade mineralized material went up following magnetite separation.Two 100-kg low grade samples were submitted for testing. Initially, sample 251178 graded 0.65% copper (0.03% soluble copper) and 36.70% iron. Sample 251...Read More

A million tons of copper is on the way: it may not be enough

Apr. 8, 2019, 11:58 AM / Bloomberg News

Giant mines currently under construction will churn out an additional 1 million tons of copper through 2023, but that won't be enough to fully close an expected gap between supply and demand in the next few years.Industry analysts and executives descending on Santiago this week for the Cesco conference, one of the industry's biggest events, are in bullish spirits: a key indicator of the market for...Read More

Cordoba to drill for porphyry source beneath Alacran

Apr. 8, 2019, 10:35 AM / Northern Miner Staff

Cordoba Minerals (TSXV: CDB) is planning a 1,000 metre drill program at its Alacran copper-gold deposit, part of its San Matias copper-gold project in Colombia. Based on its results, the company may double the drill program.The miner will initially drill a single, 700 metre hole about 300 metres west of the Alacran targeting a potential copper-gold porphyry beneath the known deposit. It will then...Read More

China's Tewoo is said to sell copper at below-market rates

Apr. 8, 2019, 9:37 AM / Bloomberg News

One of China's top commodity traders, Tewoo Group, is selling copper at below market rates as it grapples with a liquidity crunch, according to people with knowledge of the matter. The company, which is owned by the local Tianjin government, is offloading some refined copper stocked in bonded zones as it unwinds financing deals with some banks, said the people, who asked not to be identified as th...Read More

Anglo vows to quit Los Bronces $3B expansion if it affects nearby glaciers

Apr. 8, 2019, 8:26 AM / Cecilia Jamasmie

Global miner Anglo American (LON: AAL) will abandon plans to expand its Los Bronces copper mine in Chile if any potential damage to the nearby glaciers and ground water is identified.The company, which is preparing an environmental impact assessment for the $3 billion project, says all data collected so far proves it can go ahead with the expansion without causing any harm to the environment.The...Read More

Mining students learn to develop feasibility studies using high-tech solution

Apr. 8, 2019, 6:40 AM / MINING.com Staff

Students at the University of British Columbia's Norman B. Keevil Institute of Mining Engineering are partnering with tech company Riivos Inc. to design their Mine and Plant Feasibility Study capstone projects.The projects are part of their required courses and in order to complete them, the students are using a Riivos-built mining financial technology software that allows them to quickly and easi...Read More

Copper needs 75% of pipeline to go into production

08 April 2019 / Staff reporter

Eastern promise for PolarXSPONSOREDpolarx"[Brownfield] expansions will keep pace with demand until early next decade ... but as demand increases to 22.5Mt by 2025 the gap will be 2.Read More

Chile aims to be global exploration leader

08 April 2019 / Staff reporter

Eastern promise for PolarXSPONSOREDpolarx"We want to assure Chile is a leader in the discovery of new deposits and position it as an attractive destination for investment by juniors, facilitate their financing in the local market and openRead More

Arc starts production at Kalaba demo pilot plant

08 April 2019 / Staff reporter

Eastern promise for PolarXSPONSOREDpolarxThe plkant was successfully commissioned under budget for US$500,000, according to executive chairman Nick von Schirnding. Arc previously commissioned the 10,000 tonnes per month front-end of the plant, including two crusher units, screens, ball mill and conveyors, in December.Eastern promise for PolarXSPONSOREDpolarxArc is now busy finalising det...Read More

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