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Copper Industry News

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Codelco Divisin Gabriela Mistral (Minera Gaby S.A.)
Fri, 27 Mar 2015 21:19:45 GMT
Minera Gaby is a fully owned subsidiary of state copper producer Codelco.

Hecla to buy mining company in $20 M stock deal - Fri, 27 Mar 2015 ...
Fri, 27 Mar 2015 16:13:30 GMT
Hecla Mining Co. will $20 million to acquire a company attempting to dig silver and copper from a Northwest Montana ore deposit that has drawn the ire of conservationists worried about wildness protections and water quality for endangered fish.

LME base metals lower mostly on Friday
Fri, 27 Mar 2015 14:01:00 GMT
LONDON, March 27 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) closed lower mostly on Friday. The three-month unofficial copper price dropped 110 U.S. dollars, or 1.78 percent, to 6,066 U.S. dollars per tonne. The three-month ...

Floods in Chile and landslides in Peru after heaviest rain in 80 ...
Fri, 27 Mar 2015 09:30:16 GMT
The heaviest rainfall in 80 years has caused massive flooding in the Atacama region of northern Chile and devastating landslides in Peru. The death toll in Chile currently stands at seven, with 19 others unaccounted for as the military rushed to rescue stranded villagers. Rivers have burst their banks, flooding towns, making roads impassable and forcing miners in Chile, the world's top copper ...

Antofagasta share price: Copper miner suspends three mines due to ...
Fri, 27 Mar 2015 09:04:00 GMT
Chilean copper miner Antofagasta Plc (LON:ANTO) has suspended three of its mines in Chile due to heavy rains in the Atacama Desert, located in the north of the country. The sites in question are Centinela, Antucoya and Michilla. However, Los Pelambres, the ...

Copper Pipes & Tubes Procurement Category Market Research Report ...
Fri, 27 Mar 2015 08:04:35 GMT
Buyers of copper pipes and tubes have benefited from suppliers' declining input costs, which have pushed market prices down, and the low cost of switching between suppliers, which makes it easier for buyers to move from vendor to vendor. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has updated a report on the ...

Fri, 27 Mar 2015 07:23:00 GMT
Copper mining group Antofagasta has been forced to call a halt to mining activities in the north of Chile due to heavy rain.

Drop in World Copper Price Hurts Armenias Economy
Fri, 27 Mar 2015 05:52:00 GMT
The international price of copper continues to fluctuate and the trend is downward. This doesnt auger well for Armenia, so heavily dependent on the export of various raw materials. In January 2014, the international price of copper stood at US$ 7,500 ...

Forest Service Gives Tentative Approval to Lincoln County Mine
Thu, 26 Mar 2015 23:21:12 GMT
The U.S. Forest Service has tentatively approved the construction of a new copper and silver mine in Lincoln County.

MCX Copper likely to trade sideways: COIL
Thu, 26 Mar 2015 22:51:00 GMT
LME Copper declined on Friday as mines began restarting after flooding in Chile, the worlds biggest producer. Copper futures at multi Commodity Exchange (MCX) is likely to trade on a sideways note today. Intraday support for MCX Copper futures for April ...

Copper may up 1.37% at 392.45, trading range 382-404
Thu, 26 Mar 2015 22:18:00 GMT
But Copper prices pared back gains in response to some copper mines restarting in northern Chile after copper mines in Chile and Peru were forced to close the previous day due to flooding. It is estimated that 1.6Mtpa of copper capacity was shut down.

Four dead in Chile floods, military rescues stranded residents
Thu, 26 Mar 2015 13:50:20 GMT
The death toll in Chile rose to four after rains battered the north and caused flooding, the government said on Thursday, while 22 others were unaccounted for as the military rescued stranded villagers. Rivers have burst their banks, flooding towns, making roads impassable and forcing miners in Chile, the world's top copper exporter, to suspend operations. Chile, caught on a sliver of land ...

Copper pares gains as greenback rebounds
Thu, 26 Mar 2015 11:58:00 GMT
Three-month LME copper closed up 0.8 per cent at $US6174 a tonne after small losses in the previous session. Prices earlier hit their highest since January 2 at $US6294.50. Torrential downpours in the north of Chile forced companies to suspend operations ...

Copper, lead lift, other LME metals fall
Thu, 26 Mar 2015 11:09:33 GMT
Copper has closed up despite retreating from a weak two-and-a-half-month run after China demand concerns.

LME base metals close mainly lower
Thu, 26 Mar 2015 10:48:38 GMT
Renewed drop in oil prices and uncertainty ahead of a US Fed Reserve meeting drag copper prices down.

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