Copper industry news and business reports.

Glencore leaves guidance unchanged, despite output fall
Wed, 01 Feb 2023 00:00:00 GMT
(Sharecast News) - Glencore reiterated 2023 production guidance on Wednesday, despite a fall in copper and zinc output.


Vedanta likely to scrap plans to sell mega Indian copper smelter
Tue, 31 Jan 2023 00:00:00 GMT
After scrapping the seven-month-old process to offload the 400,000 tons-a-year Sterlite Copper plant, the company will now work with the local population to restart the factory that was shut on environmental concerns. The refined metal is poised to play an important role in the nations shift toward electric vehicles and renewables and has lured interest from billionaire Gautam Adanis group


Copper demand back on growth track in FY22
Tue, 24 Jan 2023 00:00:00 GMT
The uptick in demand also resulted in copper producers ramping up their production. Indian integrated producers increased their copper wire rod production by 28.7% YoY as the demand increased in FY 22. Copper being a global commodity is largely mined in the southern hemisphere while the northern hemisphere is a bigger user of the metal.


Molybdenum Mark Update
Mon, 23 Jan 2023 00:00:00 GMT
IMOA is delighted to report that the following molybdenum by-product sites have received the Molybdenum Mark extension: Kennecott Bingham Canyon MineSociedad Minera Cerro Verde S.A.A.Freeport-McMoRan Morenci Inc.BHP's Minera Spence


South32 enjoys copper boost
Mon, 23 Jan 2023 00:00:00 GMT
South32 has released its December 2022 quarterly report, with group copper equivalent production increasing by 12 per cent.


Mining News - Exploring for energy metals in SW Yukon
Wed, 18 Jan 2023 17:43:00 GMT
Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project...


Mining News - Teck launches Zinc Satellite Initiative
Wed, 18 Jan 2023 08:54:00 GMT
The global transition to renewable energy is demanding enormous quantities of copper and zinc, two metals that are a specialty of Teck Resources Ltd. To help leverage its global portfolio to help fill the growing demand for copper, Teck launched Project Satellite in 2017. This initiative focused primarily on five copper assets in the Americas, including the Galore Creek and Schaft Creek projects...


Mining News - Advancing Arctic and the Ambler District
Wed, 18 Jan 2023 08:54:00 GMT
Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., invested roughly US$28.5 million into a 2022 exploration program that included 10,738 meters of drilling targeting resource upgrades within the Arctic deposit and testing earlier-stage copper-rich prospects across the Upper Kobuk Mineral Projects in Northwest Alaska. Covering 448,217 acres of the famed Ambler...


Mining News - End of the road for critical minerals
Tue, 17 Jan 2023 17:45:00 GMT
Has the discovery and development of the mines essential to meeting the massive demand for battery metals, copper, rare earths, and other critical minerals reached the end of the road Not a metaphorical end where the visions of electric vehicles charged with sunshine are dashed halting the demand for green energy and technology metals. Instead, I am speaking to pioneering critical mineral...


Mining News - Thick porphyry copper cut at Camp Creek
Thu, 12 Jan 2023 16:00:00 GMT
Brixton Metals Corp. Jan. 4 reported wide drill intercepts that indicate the growth potential of the Camp Creek porphyry copper target on the company's 2,600-square-kilometer (1,004 square miles) Thorn property in Northern British Columbia. Situated in Tahltan Territory, about 95 kilometers (60 miles) east of Juneau, Alaska, the district-scale Thorn property hosts large-scale porphyry...


India eyes overseas copper, lithium mines to meet domestic shortfall
Wed, 11 Jan 2023 00:00:00 GMT
To start with, India has identified one copper and two lithium mines in resource-rich Argentina to either acquire or secure long-term leases, the sources said.


Mining News - Minto pleased with extensive MT survey
Thu, 22 Dec 2022 14:04:00 GMT
Minto Metals Corp. Dec. 20 announced the results from its 2022 magnetotellurics geophysical survey over its Minto copper mine property in Yukon, Canada. Magnetotellurics is a passive electromagnetic technique that maps resistivity by measuring telluric currents induced in the earth by natural sources such as lightning, solar flares, and ionospheric resonances. In layman, this essentially means...



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