Copper price won’t top $11,000 for long: Goldman
Goldman Sachs Group is seeking to curb enthusiasm over copper’s record-breaking rally, saying the metal’s breakout above $11,000 a tonne is unlikely to last as global supplies remain adequate. In…
copper production
Ivanhoe sees 2026 Kakula copper output below 2024
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said copper output next year at its Kamoa-Kakula complex in the Democratic Republic of Congo should lag 2024 levels even as efforts to rehabilitate the…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…
Marimaca oxide project gets Chile environmental nod
Marimaca Copper (TSX: MARI, ASX: MC2) says it has received formal environmental approval to develop its flagship oxide project in northern Chile, placing it closer to construction-ready status. The Marimaca…
Over 25% of copper supply facing ESG hurdles: study
About 6.4 million tonnes of copper production capacity, equal to more than one-quarter of global mine output, are stalled or suspended due to environmental, social, and governance (ESG), a new…
Freeport says all missing workers at Grasberg have died
Freeport-McMoRan (NYSE: FCX) said all seven workers who went missing at the Grasberg copper mine in eastern Indonesia during a mudslide that halted production at the site last month have…
Sterling surges on high-grade copper find in Ontario
Sterling Metals (TSXV: SAG, US-OTC: SAGGF) shares doubled after the Canadian explorer said it discovered a new high-grade copper zone at the past-producing Soo project in Ontario. Drill hole MEPS-25-02 cut…
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Capstone OKs $176M Chile copper spend despite rise
Capstone Copper (TSX: CS; ASX: CSC) said it’s going ahead with the costlier-than-planned expansion of a sulphide concentrator at its Mantoverde property in Chile in a move that will add…
Teck halts Chile copper mine for one month
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The…
Don’t tariff copper imports, limit exports: US industry
Some key players in the United States copper industry are urging President Donald Trump to forgo import tariffs and instead opt for targeted export restrictions in a bid to revive homegrown production….