Peru OKs Southern Copper’s $1.8B Tía María
Southern Copper (NYSE, LSE: SCCO) has secured a long-awaited licence for its $1.8-billion Tía María copper project in Peru, marking a major step forward after years of social unrest and…
Southern Copper
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Southern Copper eyes 2027 start for $1.8B Tía María
Southern Copper (NYSE, LSE: SCCO) is pushing forward with its long-delayed Tía María copper mine in Peru, aiming to start production in 2027. The company, a subsidiary of mining giant…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
NYSE gains July 24-28 as economic growth, declining inflation offset interest rate hike
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Blockade halts Southern Copper’s Cuajone mine in Peru
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…
RANKED: World’s ten biggest copper mining companies
Following the rampant surge in copper prices earlier this year, competition amongst miners to supply the metal vital to the green energy transition is fierce. Global copper supply is dominated…