Camino to partner with Japan’s Nittetsu at Los Chapitos copper project in Peru

Mining News Pro - Camino Corp. has signed a letter of intent to partner with Japan’s Nittetsu Mining Co. at its Los Chapitos copper exploration project in Peru. Nittetsu currently operates the Atacama Kozan copper mine located in northern Chile that was developed from an iron oxide copper gold (IOCG) deposit style similar to Camino’s Los Chapitos project.

Copper price falls as China’s reopening boost loses power

Mining News Pro - The copper price retreated on Wednesday as weak demand offsetted speculative bets that the end of China’s Covid Zero policy will reignite growth.

MMG shuts Las Bambas copper mine due to protests

Mining News Pro - China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world’s second largest producing nation of the metal, on care and maintenance due to ongoing community unrest triggered by the destitution of President Pedro Castillo late last year.

Chile mine delays to slow copper growth

Mining News Pro - Copper production in Chile, the world’s largest producer of the red metal, will grow at a slower rate this decade than previously hoped, a government report seen by Reuters showed, with peak output later and lower than estimated a year ago.

Panama won’t allow First Quantum to expand copper mine operations

Mining News Pro - Panama will not allow Canada’s First Quantum to expand the area of its existing copper mining operations, the deputy environment minister told Reuters, stressing the government’s opposition to what it said was a request from the firm for more land.

US blocks mining in parts of Minnesota, dealing blow to Antofagasta’s Twin Metals copper project

Mining News Pro - The US Interior Department on Thursday blocked mining in part of northeast Minnesota for 20 years, the latest blow to Antofagasta Plc’s Twin Metals copper and nickel mining project but a step officials said is needed to protect the state’s vast network of interconnected waterways.

Copper price falls with China absent for Lunar New Year

Mining News Pro - Copper price fell for a second day on Wednesday, weighed down by a stronger dollar and the absence of China, where markets are closed for a week-long Lunar New Year holiday.

Marimaca Copper infill drilling yields best results to date at oxide deposit in Chile

Mining News Pro - Marimaca Copper has released the final batch of reverse circulation (RC) drill results from last year’s infill drilling campaign at the Marimaca oxide deposit (MOD) in northern Chile, including the best copper intersection drilled to date on a grade-times-width basis.

Flexible copper sensor can detect heavy metals in sweat

Mining News Pro - An international team of researchers led by the University of São Paulo in Brazil has developed a portable copper sensor that is able to detect heavy metals such as lead and cadmium in sweat.

BHP strikes deal to look for copper in Serbia

Mining News Pro - BHP Group struck a deal to look for copper in Serbia as the world’s biggest mining company expands efforts to find new deposits of the metal essential for the green revolution.

Codelco produced less copper in 2022

Mining News Pro - Chile’s state-run Codelco, the world’s largest copper producer, produced 172,000 fewer tonnes of copper in 2022, Chairman Maximo Pacheco said on Tuesday, marking a roughly 10% drop from output in 2021.

Glencore’s Antapaccay copper mine attacked, fire breaks out

Mining News Pro - Glencore’s massive Antapaccay copper mine in Peru faced its latest disruption on Friday, as a fire spread through a nearby worker housing area which is believed to have been started by protesters, a source familiar with the matter told Reuters.

Antofagasta 2022 copper output down 10%

Mining News Pro - Chilean miner Antofagasta on Wednesday reported a 10.4% fall in 2022 copper output, as lower ore grades and a drought in Chile continued to hurt production.

Copper price highest since June on China optimism

Mining News Pro - The copper price rose on Wednesday to its highest levels since June as speculators bet that low inventories and rising Chinese demand will lift prices.

Trafigura plans to take large amounts of LME copper

Mining News Pro - Commodity trader Trafigura is planning to take large amounts of copper from London Metal Exchange registered warehouses, two people familiar with the matter said, adding that the metal was likely to remain in Europe.

Copper price retreats on weak economic data from China

Mining News Pro - The copper price fell on Tuesday as weak economic data from China punctured a speculator-driven rally.

Robbers pull off multimillion-dollar copper heist in Chilean port

Mining News Pro - Chilean authorities said on Wednesday they were investigating a violent heist in Chile’s main seaport where thieves stole several shipping containers filled with copper belonging to state-owned giant Codelco.

New copper-based coating allows protective gear to detect toxic gases

Mining News Pro - Researchers at Dartmouth College have developed a durable copper-based coating that can be precisely integrated into fabric to create responsive and reusable materials such as protective equipment, environmental sensors, and smart filters.

Surging molybdenum price adds weight to new year rally for copper producers

Mining News Pro - Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of $9,000 a tonne, bringing gains for the first week of 2023 to over 8%.

First Quantum to appeal Panama order to halt giant copper mine

Mining News Pro - Canada’s First Quantum Minerals said on Tuesday it planned to appeal an order by Panama’s government to halt its giant copper mine in the country as the two sides remain in talks over a new contract that would increase royalties paid by the miner.

Copper price bounces on news about fresh investment in China

Mining News Pro - The copper price rose on Thursday after news about fresh investment in China.

Copper price retreats as China reports rising covid cases

Mining News Pro - Copper prices slid on Thursday as rising covid-19 infections in China and fears of a global recession weighed on prices.

Copper price rises on weaker dollar

Mining News Pro - Copper price rose on Monday supported by a weak US dollar and hopes of better demand after China’s pledge to boost its economy and real estate sector.

5% growth of copper discoveries until the end of June this year

Mining News Pro - By the end of June, copper discoveries managed to register a 5% growth compared to the forecasted plan.

The increase of production efficiency are on the agenda of the copper company

Ali Rostami, referring to the naming of this year in the field of copper as "smartening the copper industry", announced the Jihadi goal for a big leap in the copper industry.

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