https://www.miningweekly.com
R/€ = 17.48 Change: -0.01
R/$ = 14.77 Change: 0.03
Au 1801.72 $/oz Change: -6.36
Pt 1056.00 $/oz Change: -6.57
 

Copper News

Epiroc secures battery-electric mining equipment order from Ivanplats’ South African mine 

By: Simone Liedtke     14th July 2021 Mining and infrastructure industry productivity and sustainability partner Epiroc has won a significant order for battery-electric mining equipment from Ivanplats, which will use the equipment to develop its greenfield mine in South Africa in the “most sustainable and productive manner possible”.... 

BHP's Cerro Colorado to start from scratch on environmental plan, court rules

By: Reuters     14th July 2021 BHP's Cerro Colorado copper mine must start again from scratch on an environmental plan for a key mine maintenance project, a Chilean court ruled on Tuesday, though the company said the decision would not impact operations. The Antofagasta Environmental Tribunal annulled the 2019 approval for... 

DeGrussa beats expectations

By: Esmarie Iannucci     14th July 2021 Copper and gold miner Sandfire Resources on Wednesday told shareholders that copper production for the 2021 financial year had exceeded guidance, while gold production had reached the upper end of the guidance range. Copper production for the full year ended June reached 70 845 t, which was... 

Exploration is quick foreign investment ‘no brainer’, says Minerals Council’s Smart  

By: Martin Creamer     13th July 2021 Exploration is one of the quickest ways to secure foreign direct investment into South Africa for the generation of desperately needed jobs and wealth during the country's hour of need, said Minerals Council South Africa junior and emerging miners’ leadership forum chairperson Errol Smart on... 

Picture of Errol Smart, who is also CEO of Orion Minerals.
Minerals Council Junior Leadership Forum chair Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

EU, Ukraine sign preliminary deal on key raw materials, batteries

By: Reuters     13th July 2021 The European Union and Ukraine signed on Tuesday a memorandum of understanding (MoU) covering critical raw materials and batteries as the 27-country bloc tries to diversify supplies following disruptions caused by the Covid-19 pandemic. The move is part of the European Commission's Action Plan... 

Nevada Copper sees 200 MW solar potential at Pumpkin Hollow

By: Mariaan Webb     13th July 2021 Toronto-listed Nevada Copper is studying a potential solar project at its Pumpkin Hollow mine, which could materially reduce the already low grid power costs of Nevada. Renewables consulting group Sprout Associates is completing a feasibility study for Nevada Copper and initial conclusions are... 

Nevada Copper sees 200 MW solar potential at Pumpkin Hollow

Aeris hedges Tritton copper

By: Esmarie Iannucci     13th July 2021 Copper and gold producer Aeris Resources has entered into unsecured Australian dollar copper hedges with Macquarie Bank. The ASX-listed company on Tuesday reported that it will deliver 6 050 t of copper from its Tritton operation, in New South Wales, between August 2021 and June 2022, in monthly... 

US EPA to take Florence decision by end of Q3 – Taseko

By: Mariaan Webb     12th July 2021 The US Environmental Protection Agency (EPA) has informed Canadian metals miner Taseko that it expects to issue the draft underground injection control (UIC) permit for its Florence project, in Arizona, towards the end of the third quarter. The timing for the permit for the in-situ copper... 

WA miners contributed A$83bn to economy in 2019/20 - survey

By: Esmarie Iannucci     12th July 2021 A new survey by the Chamber of Minerals and Energy (CME) for Western Australia has found that the state’s mining, oil and gas, energy and contractor industries contributed a direct A$83-billion to Australia’s economy in 2019-20 and directly provided more than 94 000 full-time jobs. The survey... 

Arc's exclusivity agreement with Anglo lapses

By: Tasneem Bulbulia     9th July 2021 Aim-listed Arc Minerals’ exclusivity agreement with Anglo American, signed in July 2020, has lapsed. Arc’s two subsidiaries, Zamsort and Zaco in July 2020 signed a confidentiality and exclusivity agreement with a subsidiary of Anglo in respect of its copper exploration licences in Zambia.  

Explosives demand in Africa picking up

By: Darren Parker     9th July 2021 With demand for explosives improving, mining explosives technology company BME, part of JSE-listed Omnia Group, has been successfully maintaining supply to customers across Africa. BME GM Ralf Hennecke notes that this was despite the disruptions and cross-border challenges the company faced. He... 

A SALTY PROPOSITION BME’s high-quality, double salt emulsions release minimal carbon emissions and noxious fumes in blasting
A SALTY PROPOSITION BME’s high-quality, double salt emulsions release minimal carbon emissions and noxious fumes in blasting

Firefly and Gascoyne firm up demerger plans

By: Esmarie Iannucci     8th July 2021 ASX-listed gold developers Gascoyne Resources and Firefly Resources have inked a binding demerger implementation agreement for the demerger of certain assets into a newly incorporated subsidiary of Firefly. The two companies in June this year struck a merger agreement under which Gascoyne would... 

Chile's mining royalties Bill will hurt investment, jobs - Finance Minister

By: Reuters     8th July 2021 An opposition-sponsored Bill to impose a royalties tax on miners in Chile could generate "significant economic impacts", affecting employment and future fiscal income from mining as well as potentially production, the country's finance minister told lawmakers on Wednesday. The Bill in its... 

China to sell more metals from reserves to ensure stable prices

By: Bloomberg     7th July 2021 China, the world’s top commodities consumer, pledged to release more base metals from its state reserves after completing a first batch of sales in its latest effort to rein in surging raw material costs. More sales will be arranged in the near term to ensure market stability, the National Food... 

A worker stands on bundles of aluminum ingots at a China National Materials Storage and Transportation Corp. stockyard in Wuxi, China.

Chinchilla challenge: findings on Gold Fields' relocation efforts due within months

By: Reuters     7th July 2021 A Chilean environmental regulator's probe into whether a group of endangered short-tailed chinchillas was harmed by attempts to move them so that a gold mine could be built will likely wrap up "in the coming months," the environmental regulator's head told Reuters. South Africa's Gold Fields,... 

S2 Research says Orion announcements underline ‘compelling’ investment proposition

By: Simone Liedtke     7th July 2021 Market researcher S2 Research on July 6 said dual-listed Orion Minerals’ current share price “represents a significant discount to the value of the Prieska copper/zinc project alone”, and that the miner’s recent announcements “represent value-accretive options that significantly underline the... 

Sandfire granted mining licence in Botswana

By: Esmarie Iannucci     7th July 2021 Copper miner Sandfire Resources has been granted a mining licence for its Motheo copper mine, in Botswana. The ASX-listed company on Thursday noted that the mining licence was the final permitting hurdle for the A$279-million project, where mining is expected to start in early 2022, and first... 

Kamoa-Kakula's Phase 1 concentrator plant fully operational

By: Creamer Media Reporter      6th July 2021 The 3.8-million-tonne-a-year concentrator plant built as part of Phase 1 of the Kamoa-Kakula project, in the Democratic Republic of the Congo, is now fully operational. Ivanhoe Mines reports that the first truckloads of copper concentrate were delivered to a local smelter on June 1, with... 

McEwen announces creation of McEwen Copper

By: Mariaan Webb     6th July 2021 Bullion miner McEwen Mining on Tuesday announced the creation of McEwen Copper, which would own the Los Azules copper project in Argentina, and the Elder Creek exploration property, in Nevada. Chairperson and chief owner Rob McEwen said a separately listed, copper-focused company would be an... 

Photo of McEwen Mining chief owner Rob McEwen
McEwen Mining chairperson and chief owner Rob McEwen

Gold heading towards ‘refuge of choice’ status, says incoming AngloGold CEO  

By: Martin Creamer     6th July 2021 Gold is poised to be a "refuge of choice" in the years ahead owing to the extent to which money is being printed and world debt is rising, AngloGold Ashanti CEO-designate Alberto Calderon said on Tuesday. Speaking to Mining Weekly in a Microsoft Teams interview ahead of taking office on September... 

Newly appointed AngloGold CEO
AngloGold Ashanti CEO-designate Alberto Calderon interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Peru's indigenous hope for a voice, at last, under new President

By: Reuters     6th July 2021 Maxima Ccalla, 60, an indigenous Quechua woman, has spent her life tilling the harsh soil in Peru's Andean highlands, resigned to a fate far removed from the vast riches buried deep beneath her feet in seams of copper, zinc and gold. The Andean communities in Ccalla's home region of Puno and... 

Alberto Calderon is new AngloGold CEO

By: Martin Creamer     6th July 2021 The board of AngloGold Ashanti on Tuesday announced the appointment of Alberto Calderon as the new CEO of the gold-mining company, effective September 1. Mining Weekly can report that Calderon has more than two decades of executive leadership experience in the global mining sector. 

Alberto Calderon
Alberto Calderon

Eramet says Europe must help its miners gain access to EV metals

By: Bloomberg     5th July 2021 France’s Eramet said governments in Europe must help the region’s mining companies gain greater access to metals needed for car batteries, since such resources are mostly found on other continents. Demand for battery raw materials such as nickel, lithium and cobalt is surging as carmakers... 

First Quantum leverages software for skills development

By: Marleny Arnoldi     5th July 2021 Global metals miner First Quantum Minerals (FQM) says sophisticated software is helping to track core competences and help management at its Sentinel mine, in Zambia, to boost the skills of its workforce. The mine, based in the North-Western province of the country, is using a high-tech approach... 

Chile royalty regime changes may jeopardise future investments – Woodmac

5th July 2021 Although proposed changes to Chile’s mining royalty regime are not expected to have a drastic impact on the copper-producing nation’s production landscape in the near term, amendments do risk compromising continued appetite for large-scale, long-term investments. This is according to resources... 

Chile's May copper production up 5.8% y/y in May – Cochilco

By: Reuters     5th July 2021 Chilean State Copper Commission Cochilco reported on Friday that Codelco's production rose 5.8% in May versus the same month last year to 152 500 t. It said Chile's Collahuasi copper mine production fell 3.7% in May to 57 900 t while output at BHP'S Escondida copper mine fell 9.2% in May to 84... 

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Antofagasta inks copper ore supply deals with China smelters, sources say

By: Reuters     2nd July 2021 Chilean miner Antofagasta has signed contracts to supply Chinese copper smelters with copper concentrate in deals covering at least half of next year, two sources with knowledge of the matter said. The contracts - with smelters including Jiangxi Copper, Tongling Nonferrous and China Copper -... 

Global copper smelting eases in June; nickel pig iron jumps

By: Reuters     2nd July 2021 Global copper smelting activity slipped in June after a rebound a month earlier as Chinese plants closed for maintenance, data from satellite surveillance of copper plants showed. Satellite service SAVANT and broker Marex said in a joint statement on Friday that they were now monitoring nickel... 

Anglo operations to be powered by renewables

2nd July 2021 Diversified major Anglo American has secured renewable energy to meet its power requirements for its operations in South America. With its newest agreement signed in April, to provide renewable energy to its Quellaveco copper mine in Moquegua, Peru, production is expected to begin in 2022.  

QUELLAVECO DEPOSIT IN MOQUEGUA, PERU
Quellaveco will be supplied by the Punta Lomitas wind project in south-central Peru
QUELLAVECO DEPOSIT IN MOQUEGUA, PERU Quellaveco will be supplied by the Punta Lomitas wind project in south-central Peru

Khoemacau produces first concentrate

By: Tasneem Bulbulia     1st July 2021 Khoemacau Copper Mines on June 30 achieved a milestone at its Khoemacau copper/silver project, in Botswana, with the production of the first copper/silver concentrate from its Boseto process plant. This milestone was achieved safely, within schedule and the overall project remains within 3% of... 

Altus discovers high-grade copper, silver at three projects in Morocco

By: Donna Slater     1st July 2021 Aim- and TSX-V-listed African mining royalty generator Altus Strategies has discovered high-grade copper and silver from reconnaissance exploration at its recently granted Azrar, Izougza and Tata projects, in Morocco. The projects are located in established current and historic copper and silver... 

Copper production to expand, Fitch Solutions says

By: Tasneem Bulbulia     1st July 2021 Global copper mine production is set to expand by 7.8% year-on-year this year as a result of multiple new projects coming online and the low-base effects owing to Covid lockdowns having cut output in 2020, Fitch Solutions Country Risk and Industry Research says. Its ‘Outlook for Global Copper’... 

US EPA weighs Taseko copper mining process akin to fracking

By: Reuters     1st July 2021 Taseko Mines wants to produce copper in Arizona using a process that evokes oilfield fracking, but first the company has to convince the US Environmental Protection Agency (EPA) that it will not harm the state's water supply. The Canadian firm, which said it expects an EPA decision imminently,... 

US EPA weighs Taseko copper mining process akin to fracking

Minerals Council calls for govt intervention in Richards Bay 

By: Simone Liedtke     30th June 2021 The Minerals Council South Africa has condemned the ongoing acts of violence, criminal activity, serious threats to security and failures by law enforcement agencies to perform their constitutional mandate to uphold the rule of law and order that are impacting on mining companies with operations... 

Glencore paid governments $5.8bn, working hard to develop local skills

By: Martin Creamer     30th June 2021 As one of the world’s largest natural resource companies, with operations across five continents, Glencore is committed to delivering long-lasting socioeconomic benefits, CFO Steven Kalmin on Wednesday. Speaking on video with the release of Glencore's 2020 Payment to Governments Report, Kalmin... 

Glencore CFO Steven Kalmin
Photo by Creamer Media
Glencore CFO Steven Kalmin

McEwen lines up copper partner as surging prices spur interest

By: Bloomberg     30th June 2021 McEwen Mining is in talks to sell a stake in a copper project in Argentina as the gold and silver producer looks to tap into booming prices of the metal used in wiring. The company run by Canadian gold veteran Rob McEwen is holding conversations with another mining company as part of a proposal... 

Rob McEwen
Rob McEwen

Red Rock starts drilling at DRC copper/cobalt project

By: Marleny Arnoldi     29th June 2021 London-listed explorer Red Rock Resources has started a 2 000 m reverse circulation drill programme to delineate a resource on the Luanshimba copper/cobalt project, in the Haut-Katanga province of the Democratic Republic of Congo (DRC). Samples from 20 or more holes of drilling will be sent for... 

1
2
3 4 5 6 7 8 9
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close