Rio Tinto partners with Utah State University
Rio Tinto Kennecott has announced a $450,000 partnership with Utah State University’s Janet Quinney Lawson Institute for Land, Water, and Air.
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Visit: 90
Cyprium increasing ‘speed to first ore’
Cyprium Metals has boosted the economics of its Nifty copper complex following an updated geotechnical study conducted by its technical partner, MEC Mining.
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Visit: 44
Copper processing charges could fall further next year, says Cochilco
A global mined copper shortage will continue into 2025, putting pressure on processing charges that were already at historic lows this year due to the expansion of smelters, said Chile’s state-run copper commission Cochilco in a study on Thursday.
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Visit: 68
Harmony targets first copper from Australia mine by 2028
South Africa’s Harmony Gold expects to start producing copper from its Australian mining project by 2028, the company said on Thursday, as it diversifies into the key decarbonization metal.
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Visit: 48
Carlyle’s Currie sees copper price capped at $9,500 on China demand
Copper is likely to trade in a tight range of $8,500 to $9,500 a metric ton until policy support in top consumer China starts to create some demand strength, according to veteran commodities analyst Jeff Currie.
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Visit: 46
BHP details plans for SA copper expansion
BHP is advancing its copper production ambitions in South Australia, with the recent announcement by the South Australian Government marking a crucial step forward.
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Visit: 58
BHP moves ahead with expansion of Olympic Dam copper refinery
BHP Group is continuing to push ahead with the expansion of its copper smelter and refinery at Olympic Dam in South Australia, as global miners ramp up their efforts around the key metal for greener energy transition.
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Visit: 92
US sees bipartisan backing for Africa critical minerals plan
A senior US State Department official reassured African governments that an initiative to help counter China’s influence through developing infrastructure on the continent will continue even after a change in administration.
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Visit: 38
Jiangxi Copper sees no respite from ore shortage that’s hit fees
China’s Jiangxi Copper Co. expects a global shortage of ore to extend into the second half, keeping downward pressure on processing fees.
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Visit: 56
BHP sees copper surplus in short term before ‘fly-up’ prices
BHP Group offered a cautious near-term outlook for copper, while sticking to the widely-held view that the energy transition metal is eventually headed for severe shortages and much higher prices.
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Visit: 39
BHP eyes copper profits as China’s appetite for steel fades
BHP Group Ltd. will focus on boosting returns from its burgeoning copper portfolio, the world’s biggest miner said on Tuesday, as it bets long-term gains for the crucial new-energy metal will help offset declining returns from iron ore as Chinese demand cools.
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Visit: 23
BHP eyes copper profits as China’s appetite for steel fades
BHP Group Ltd. will focus on boosting returns from its burgeoning copper portfolio, the world’s biggest miner said on Tuesday, as it bets long-term gains for the crucial new-energy metal will help offset declining returns from iron ore as Chinese demand cools.
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Visit: 51
Congo wants Trafigura partner Chemaf’s deal with Norinco halted
The government of the Democratic Republic of Congo is opposed to a proposal by Chemaf SA to sell its copper and cobalt mines in the country to China’s Norin Mining, according to a document seen by Reuters.
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Visit: 48
BHP’s return to Argentina marks new hope for untapped copper mines
A new incentive regime for mining in Argentina is attracting major players such as BHP, who are starting to eye the South American country as the world’s next frontier for copper, more than half a dozen mining industry officials told Reuters.
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Visit: 50
Gold Fields slumps after cutting output target for second time
Gold Fields Ltd. fell the most in 10 weeks after reducing its production guidance for the second time in less than three months due to operational challenges at mines in Chile and South Africa.
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Visit: 48
Traders stuck in LME queue vent fury at warehouse’s fee hike
The London Metal Exchange is looking into a sharp administrative fee hike at warehouse operator Istim Metals, after receiving complaints from traders who say the increased cost is putting them under pressure and fueling distortions in the aluminum market.
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Visit: 49
Chilean court orders halt of union roadblocks at Caserones mine
A Chilean court ordered a striking union at the Caserones copper mine to stop blocking roads around the mine, according to a ruling released on Wednesday.
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Visit: 59
Codelco invests in EVs, cacti as part of green makeover
Chilean copper giant Codelco, under growing pressure from global clients demanding sustainable mining credentials, is trying to give itself a green makeover by investing in electric buses, cactus nurseries and recycling metal materials and tools.
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Visit: 56
Peru’s copper output this year likely to fall short of 3mt goal
Peru will likely produce between 2.7 million and 2.8 million metric tons of copper this year, the head of a major mining group told Reuters on Tuesday, with estimated output falling below the government’s 3 million ton goal.
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Visit: 43
Antofagasta’s half-year profit up on strong copper prices
Chilean miner Antofagasta posted a 5% increase in half-year profit on Tuesday, as higher copper prices more than offset lower sales.
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Visit: 34
A new Legacy for Helix
Helix Resources is set to farm-in to Legacy Minerals’ copper-gold Central Cobar project in New South Wales.
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Visit: 61
Antofagasta’s half-year profit up on strong copper prices
Chilean miner Antofagasta posted a 5% increase in half-year profit on Tuesday, as higher copper prices more than offset lower sales.
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Visit: 56
Chinese copper exports fall from record as local demand rebounds
Chinese copper exports dropped last month from an all-time high, as domestic buyers took advantage of the metal’s rapid retreat in price.
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Visit: 60
Physical buyers win battle for copper market as funds retreat
Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over coming months and weigh on prices.
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Visit: 60
Union at BHP’s Escondida copper mine warns it could relaunch strike
The union at BHP’s giant Escondida copper mine in Chile said on Sunday in a memo to its members that it could relaunch a strike later in the day if the company does not “rectify its position” over contract talks as soon as possible.
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Visit: 50