Copper industry news and business reports.

Copper finds prove scale of Nifty deposits
Tue, 17 May 2022 00:00:00 GMT
Cyprium Metals has declared a 28.4 per cent increase in copper mineral resource estimates (to 940,200 tonnes) at its Nifty project in the Great Sandy Desert in the north-eastern Pilbara of Western Australia.


Resolution and OZ team up on Benrama
Sun, 15 May 2022 00:00:00 GMT
Resolution Minerals has entered into a Farm-in and Joint Venture agreement with copper-focussed producer OZ Minerals for the Benmara Project in the underexplored South Nicholson Basin in the Northern Territory.


Copper price may drop to Rs 720 per kg in FY23: Crisil
Thu, 12 May 2022 00:00:00 GMT
Domestic copper prices, too, had risen sharply over the past year, in sync with 3-month LME prices, as is the normative...For the rest of this fiscal, however, we see domestic prices declining gradually, to average Rs 720-725 per kg, Crisil Research said in a statement.


KGL capital raise brings in $23 million
Wed, 11 May 2022 00:00:00 GMT
Australian copper explorer and developer KGL Resources has raised $23.04 million from its one-for-six non-renounceable entitlement offer of fully paid ordinary shares in the company.


Capital costs rise for Caravel copper project
Fri, 06 May 2022 00:00:00 GMT
The capital cost estimate for Caravel Minerals development of its Stage 1 copper project in Western Australias central Wheatbelt has blown out by about $200 million, or about 40 per cent from the original estimate of about $500 million.


Vedanta Aluminium to source 380 MW green power for smelters
Mon, 02 May 2022 00:00:00 GMT
Once online, this project has the potential to reduce the company's greenhouse gas emissions by 15,00,000 tonnes of CO2 equivalent annually. This will be carried out through a power delivery agreement between Vedanta Ltd and Special Purpose Vehicles - affiliates of Sterlite Power Technologies Pvt Ltd (SPTPL).


Mining News - Minto Metals results encourage exploration
Thu, 28 Apr 2022 14:44:00 GMT
Minto Metals Corp. April 28 reported that the results from its ongoing 2022 exploration drilling at Minto are showing strong potential for expanding the resource and life of this copper mine in the Yukon. The Minto mine has been in operation since 2007, with underground mining commencing in 2014. Over the past nearly 15 years, approximately 500 million pounds of copper have been produced from...


Promising results for Mt Lyell study
Tue, 26 Apr 2022 00:00:00 GMT
Study results continue to show promise for New Century Resources plans to restart the Mt Lyell copper operation in Tasmania, which was put into care and maintenance in 2014.


Mining News - Minto Metals' strongest quarter yet
Thu, 14 Apr 2022 14:47:00 GMT
After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. April 6 announced the company's first-quarter production results from its Minto copper mine in central Yukon. Bought from Capstone Mining Corp. early in 2018, Pembridge managed to complete its first full year of operations in 2020, despite the ongoing challenges of the COVID-19 pandemic. Toward the end of...


Australs Anthill hauls first ore
Thu, 31 Mar 2022 00:00:00 GMT
Queensland copper producer Austral Resources announces first ore haulage from its new Anthill mine to the Mt Kelly processing plant.


Glencore sells CSA copper mine to MAC
Mon, 21 Mar 2022 00:00:00 GMT
MAC has entered into an agreement with Glencore to acquire the CSA copper mine in the mining jurisdiction of western NSW for $1.48 million.


Mining News - PolarX to expand Caribou Dome copper
Thu, 17 Mar 2022 13:55:00 GMT
PolarX Ltd. March 15 announced that it plans to carry out further drilling this year to expand upon the very high-grade copper mineralization encountered last year at its Caribou Dome project in Alaska. Located toward the western end of the Australia-based company's 22-mile- (35 kilometers) long Alaska Range property, Caribou Dome hosts 2.8 million metric tons of combined measured,...



Number of copper news reports: 12
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