Coronavirus threatens Codelco’s status as top copper miner
Chile’s copper miner Codelco may not regain its position as the world’s top producer of the red metal this year, as delays in upgrades and expansion projects caused by measures…
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Copper price sinks as China faces first GDP drop since 1976
Copper prices continued to slide on Tuesday after China released economic data showing the deepest declines on record for industrial production and fixed asset investment. Copper trading in New York…
Rio Tinto to start producing copper at Winu in 2023
Rio Tinto (NYSE: RIO; LSE: RIO) plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023. The world’s No. 2 miner…
BHP becomes world’s top copper producer
BHP Group (NYSE: BHP; LSE BHP) has become the world’s largest copper miner based on production, after Chile’s copper commission announced a slide in output at state-owned Codelco. Hampered by…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid a perfect storm of falling…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC has been seeking to participate…
Doré Copper options Joe Mann gold mine
Recently listed Doré Copper Mining (TSXV: DCMC) has signed an option agreement to acquire 100% of the Joe Mann gold mine in Quebec. The project is 50 km from the…
Nevada Copper ships first copper concentrate from Pumpkin Hollow in Nevada
The first copper concentrate has been shipped from Nevada Copper’s (TSX: NCU) Pumpkin Hollow project in Nevada to the company’s offtake partner Concord Resources. Production at the Pumpkin Hollow processing…