https://www.miningweekly.com
R/€ = 17.47 Change: 0.00
R/$ = 14.77 Change: 0.02
Au 1800.31 $/oz Change: -7.77
Pt 1056.68 $/oz Change: -5.89
 

Copper News

Waste cooking oil powers ship from Singapore to South Africa for Anglo  

By: Martin Creamer     29th June 2021 The use of sustainable biofuel to power a chartered capesize ship during a voyage from Singapore to South Africa has been successfully trialled as part of a decarbonisation initiative, Anglo American said on Tuesday. The biodiesel blend was produced by converting waste cooking oil from... 

Western Copper and Gold founder to retire, interim chair appointed

By: Creamer Media Reporter      29th June 2021 TSX- and NYSE American-listed Western Copper and Gold has announced that executive chairperson Dale Corman, who found the company, will retire on Wednesday. The board has appointed Ken Williamson to act as interim chairperson and has begun the process of finding a permanent replacement. Western... 

Orion launches drill programme at newly granted Boksputs, survey at Okiep

By: Marleny Arnoldi     28th June 2021 JSE- and ASX-listed Orion Minerals will imminently start a diamond drilling programme on a high-priority target on the boundary of the company’s existing Masiqhame prospecting right and on the newly granted Boksputs North prospecting right, both based in the Northern Cape province of South... 

Deep-South retrenches some employees as its Haib licence renewal application is refused again

By: Donna Slater     28th June 2021 After pleading with the government of Namibia, through Namibia Mines and Energy Minister Tom Alweendo, to get its exploration and prospecting licence (EPL) renewed, TSX-V-listed explorer and developer Deep-South Resources reports that the Ministry has again refused to renew it. Deep-South’s... 

Caerus adds to its Cyprus portfolio

By: Creamer Media Reporter      28th June 2021 Europe-focused explorer Caerus Mineral Resources on Monday announced an agreement to add to its portfolio in Cyprus, buying a private company that holds copper/gold exploration properties. The company will buy Cyprus Gold Mines (CGML), a Cypriot-registered, exploration and mining company that... 

Iron-ore drives Aus exports to record highs

By: Esmarie Iannucci     28th June 2021 New data from the Office of the Chief Economist has estimated that Australia’s resources and energy exports would reach a record A$310-billion in 2020-21, with nearly half of the earnings coming from iron-ore alone. Exports are expected to increase further to A$334-billion in 2021-22, before... 

Iron-ore drives Aus exports to record highs

Platinum to trade higher, copper to face headwinds in near term – UBS

By: Donna Slater     25th June 2021 Financial services firm UBS expects platinum to trade higher over the next 12 months if global automotive manufacturers can overcome the supply deficit that resulted from manufacturing and raw material hurdles, which will result in increased vehicle manufacturing and drive demand for the metal.... 

Copper demand bolstered by green transition, says Fitch Solutions

By: Tasneem Bulbulia     25th June 2021 Research firm Fitch Solutions Country Risk and Industry has revised its copper demand forecast to 31.7-million tonnes in 2030, up from the 29.8-million tonnes previously forecast. This is owing to its forecast that green copper demand will grow from 1.5-million tonnes in 2020 to five-million... 

London copper rises as US infrastructure deal fans demand hopes

By: Reuters     25th June 2021 Copper prices in London rose on Friday, on track for a weekly gain, as a US infrastructure deal boosted hopes for stronger demand of the red metal. Three-month copper on the London Metal Exchange advanced 0.5% to $9 461.50/T by 031:8 GMT, while the most-traded August copper contract on the... 

US President Joe Biden speaks in the East Room of the White House in Washington, DC on June 24.
US President Joe Biden speaks in the East Room of the White House in Washington, DC on June 24.

Caterpillar, steelmakers jump as Biden deal buoys demand view

By: Bloomberg     25th June 2021 Caterpillar led gains in the Dow Jones Industrial Average and steelmakers surged as President Joe Biden’s bipartisan $579-billion infrastructure deal buoyed the outlook for US demand. Heavy-equipment maker Caterpillar gained as much as 3.8% at 1:41 p.m. in New York, the most in three months. US... 

Caterpillar, steelmakers jump as Biden deal buoys demand view

Deep-South implores Namibian Mines Ministry to renew Haib licence

By: Donna Slater     24th June 2021 TSX-V-listed explorer and developer Deep-South Resources met with the Namibia Mines and Energy Minister Tom Alweendo and other officials of the Ministry of Mines and Energy on June 23 to voice its objections to Alweendo’s refusal to renew its Haib copper licence. Earlier this month, Deep-South... 

Palladium One announces more Smoke Lake results

By: Creamer Media Reporter      24th June 2021 TSX-V-listed explorer Palladium One Mining on Wednesday announced new results from the Phase 2 Tyko drill programme, at the Smoke Lake target of its Tyko nickel/copper project. The results containing massive magmatic sulphide intercepts grade up to 10.2% nickel equivalent (23.7%... 

Western Copper unveils PEA for C$3.25bn Yukon project

By: Creamer Media Reporter      23rd June 2021 Rio Tinto-backed junior Western Copper and Gold on Tuesday unveiled the results of an updated preliminary economic assessment (PEA) for a large copper/gold/molybdenum deposit in the Yukon, which failed to excite the market. The study examined the development of the Casino project, which... 

Western Copper unveils PEA for C$3.25bn Yukon project

Copper supply needs to double by 2050, Glencore CEO says

By: Reuters     22nd June 2021 Glencore CEO Ivan Glasenberg said on Tuesday that a supply gap was growing in the metals necessary for the world to replace fossil fuels with renewable energy, but he stopped short of predicting a so-called super cycle. Glasenberg said at the Qatar Economic Forum that copper supplies needed to... 

Ivan Glasenberg
Ivan Glasenberg

Energy transition metals poised for uneven, explosive run higher

By: Reuters     22nd June 2021 Buoyed by powerful demand expectations as the world moves away from reliance on fossil fuels, prices of many industrial metals rocketed, but future price rises are likely to be limited to a select few energy transition ingredients. The narrative of a synchronised upswing, characterised by some... 

Energy transition metals poised for uneven, explosive run higher

Trafigura, Mubadala to launch sale of Spanish copper miner MATSA

By: Reuters     22nd June 2021 The owners of Spain's Minas de Aguas Teñidas (MATSA) plan to launch a sale of the copper miner on Friday in a deal led by investment banks Bank of Montreal (BMO) and UBS that could fetch up to $2 billion, four banking sources said. Global commodities trader Trafigura and Abu Dhabi state investor... 

President’s 100 MW renewable energy reform ‘very welcome opportunity’ – Harmony Gold  

By: Martin Creamer     22nd June 2021 Harmony Gold sustainable development executive Melanie Naidoo-Vermaak on Tuesday described the decision of President Cyril Ramaphosa to lift the licence-exemption cap on own or embedded renewable energy plants from 1 MW to 100 MW as “a very welcome opportunity" for the South African mining... 

From top left clockwise, Harmony’s Jared Coetzer, Peter Steenkamp, Boipelo Lekubo, Anton Buthelezi, Mashego Mashego, Beyers Nel, Marian van der Walt and Melanie Naidoo-Vermaak, during virtual ESG Day event.
Harmony Gold ‘s ESG Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Another 6 sites, 2 partners sign up for Copper Mark

By: Creamer Media Reporter      22nd June 2021 The Copper Mark, the assurance framework to promote responsible industry practices, has grown with the addition of six new participating sites and two new fabricator partners. With these additions, the Copper Mark now has ten industry partners and 23 participating sites. Nexans and Halcor have... 

Battery Minerals makes copper buy

By: Esmarie Iannucci     22nd June 2021 ASX-listed Battery Minerals will acquire the Russell copper project, in Western Australia, from syndicate iCopper. Under the terms of the agreement, Battery Minerals would pay A$100 000 in cash and would issue a further A$1-million worth of shares. The company would also make a A$1.5-million... 

Hudbay suspends Lalor underground ops after fatality

By: Creamer Media Reporter      21st June 2021 Underground operations at the Lalor mine, in Snow Lake, Manitoba, have been halted for an investigation in the death of a worker on Saturday evening. Metals miner Hudbay Minerals reported on Sunday that a worker, employed by a service provider, was fatally injured from a while working at... 

Mining companies in Chile seek input into the country's new constitution

By: Reuters     21st June 2021 Mining companies operating in Chile will seek to enter the constitutional debate set to start soon in the world's top copper-producing nation as the firms try to preserve growth of the sector, an industry leader told local media on Saturday. A broad political agreement generated after the... 

The Codelco El Teniente copper mine, the world's largest underground copper mine.
The Codelco El Teniente copper mine, the world's largest underground copper mine.

Taseko shuffles deck as CEO and COO retire

By: Creamer Media Reporter      18th June 2021 Copper miner Tasko Mines on Friday announced that CEO Russel Hallbauer and COO John McManus would retire at the end of the month. Stuart McDonald, currently president, would also assume the role of CEO. Richard Tremblay would be promoted to senior VP operations and Richard Weymark had been... 

Taseko shuffles deck as CEO and COO retire

Next chapter for Minto as it is set to go public

By: Mariaan Webb     18th June 2021 Yukon-based Minto Explorations will go public on the TSX-V by way of a reverse takeover, London-listed Pembridge Resources has announced. Pembridge, which acquired Minto in 2019, said this week that Minto Explorations would be renamed Minto Metals. The company would seek to raise C$45-million... 

Sudan signs nine concession deals for gold, copper mining – agency

By: Reuters     18th June 2021 Sudan on Thursday signed nine concession agreements for gold and copper mining with eight local and foreign companies, the state news agency Suna said. All the agreements are related to gold mining except one for copper, the agency quoted Minister of Minerals Mohamed Bashir Abdalla as saying. 

Blackstone investigates hydrogen in Vietnam

By: Esmarie Iannucci     18th June 2021 ASX-listed Blackstone Minerals has started studies into the potential application of green hydrogen at its proposed Ta Koha nickel/copper/platinum project, in Vietnam. The current feasibility for the Ta Khoa project requires the use of oxygen in the downstream processing plant, which is... 

New isolation pads make SX plants safer

18th June 2021 The engineered polymer Vesconite, which is traditionally used for bearings, can reduce fire risks for solvent extraction (SX) plant, notes polymer developer Vesconite, adding that it has been installed on base plates for centrifugal pumps at pump manufacturer SAM Engineering.  

VESCONITE ISOLATION PADS
The polymer, Vesconite, has been installed by SAM Engineering on base plates upon which its centrifugal pumps are mounted.
VESCONITE ISOLATION PADS The polymer, Vesconite, has been installed by SAM Engineering on base plates upon which its centrifugal pumps are mounted.

Trial mining begins at Zijin's Serbian copper mine

By: Mariaan Webb     17th June 2021 Trial mining has begun at the upper zone of the Cukaru Peki copper and gold mine, in Serbia, owner Zijin Mining reported this week. The Serbian Ministry of Mines and Energy recently issued Zijin a trial production permit for the processing facilities. The trial production phase would continue... 

Trial mining begins at Zijin's Serbian copper mine

Deep-South’s prospecting renewal application denied

By: Simone Liedtke     17th June 2021 TSX-V-listed Deep-South Resources’ application for the renewal of its exclusive prospecting licence 3140, in Namibia, has been denied. The miner received a notice from the Ministry of Mines and Energy of Namibia on June 16, citing the reason for the decision as the company’s inability to advance... 

Nornickel fund launches nickel and copper ETCs on LSE

By: Creamer Media Reporter      17th June 2021 Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, on Thursday announced that its Global Palladium Fund (GPF) had launched exchange traded commodities (ETC) for nickel and copper on the LSE giving markets access to low-cost base... 

In top copper nation, senators pause to ponder tax impacts

By: Bloomberg     17th June 2021 A controversial mining windfall tax will be the subject of a monthlong debate in Chile’s senate as lawmakers hear from companies and unions on the potential impact on mines that generate more than a quarter of global copper. The senate’s mining and energy committee will hold weekly hearings on... 

LME to donate $1.7m to responsible sourcing projects in Africa

By: Reuters     16th June 2021 The London Metal Exchange said on Wednesday it will donate $1.7-million to the charities Pact and the Impact Facility to fund two responsible sourcing projects in Zambia and the Democratic Republic of Congo. The projects will focus on tackling child labour and children's rights issues in mining... 

DeGrussa online until Q3 2022

16th June 2021 Ore reserves at the DeGrussa and Monty copper/gold operations are sufficient to underpin current production until the third quarter of 2022, ASX-listed Sandfire Resources reported. Production at DeGruss and Monty would continue while construction of Sandfire’s new Motheo-T3 copper project, in... 

Volkswagen seeks partners for battery materials race

By: Reuters     16th June 2021 Volkswagen is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members told Reuters on Tuesday. The world's second biggest carmaker is trying to exert more control over key components in its supply chain such... 

Volkswagen seeks partners for battery materials race

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director Sarah Bell... 

ICMM health, safety and product stewardship director Sarah Bell
International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Copper’s supercharged rally creaks on signs of softer demand

By: Bloomberg     15th June 2021 Copper’s stellar rally is starting to creak as investors unwind their bullish bets and evidence of demand weakness mounts in China’s powerhouse manufacturing sector. Prices plunged as much as 4.3% in London, crashing through their 50-day moving average to trade at a seven-week low. Copper hit an... 

Copper’s supercharged rally creaks on signs of softer demand

New exploration alliance targets US copper deposits

By: Creamer Media Reporter      15th June 2021 LSE-listed Imperial X and TSX-V-listed Alianza Minerals on Tuesday announced a strategic alliance to explore for copper deposits in the US, with a focus on projects in Arizona, Colorado, New Mexico and Utah. The two companies said the intended to identify new copper exploration opportunities to... 

White House highlights manganese as potential preferred battery element contender  

By: Martin Creamer     14th June 2021 The White House document on revitalising American manufacturing and fostering broad-based economic growth pays particular attention to South Africa as the world’s largest supplier of manganese, and to manganese as a potential preferred battery element contender, Mining Weekly can today report.... 

The White House on building supply chains.
Photo by Creamer Media
The White House on building supply chains.

Deep-South announces results from drilling programme at Haib

By: Tasneem Bulbulia     11th June 2021 TSX-listed Deep-South Resources has recorded the second batch of assay results from its current drilling programme at the Haib copper project in southern Namibia. Significant copper and molybdenum intersections include 0.46% copper-equivalent grade over 156 m, including 24 m at 0.65% copper... 

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