Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
Southern Copper
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which warns the metal faces “a…
Peru election too close to call as vote tally drags on
Peru’s presidential election remained too close to call as vote counting entered its final stages, with left-wing candidate Roberto Sánchez holding a razor-thin lead over conservative rival Keiko Fujimori. With…
CHART: Copper price surge mints 23 unicorn mines
Tech venture capitalists invest in startups and get to call them unicorns. The official definition of a unicorn is a startup with a $1 billion valuation while still a private company. There are 1,765 unicorns globally, past…
Southern Copper plans $319M Cuajone mine overhaul
Southern Copper (NYSE, LSE: SCCO) plans to invest $318.6 million (C$440 million) to upgrade its Cuajone copper mine in southern Peru as the company works to lower costs and maintain…
RANKED: The world’s top 10 biggest copper mines
The global copper market enjoyed one of its best years in 2025. The threat of United States tariffs on the industrial metal and its elevated status as a critical mineral,…
Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround. The upgrade at the site…
Top 50 mining companies power through Iran war – up $250 billion in 2026
At the end of the first quarter the MINING.COM TOP 50* ranking of the world’s most valuable miners had a combined market capitalization of $2.41 trillion, up $250 billion so…
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…
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…