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The $149 billion pipeline to expand the world’s copper supply is running into trouble.

It was a tale of two markets on Friday as the shares of diversified mining majors were dumped and gold stocks surged after the UK’s vote to leave the European union wreaked havoc on financial and commodity markets.

In marked contrast to gold, copper looks to be set up for a sizable rally here. On its one-year chart we can see that after its significant drop during May and early June, it is down on an important support level that is certainly capable of generating a rally, despite its still bearishly aligned moving [...]

Вице-премьер правительства Забайкальского края Сергей Новиченко 20 июня на пресс-конференции по итогам Петербургского экономического форума объяснил выбор Краснокаменска местом размещения медеплавильного завода текущими возможностями города для размещения готовых производств.

In New York trade on Wednesday copper for delivery in July bounced back after customs data from top consumer China showed imports of the red metal remain strong.

The copper price was hammered down on Tuesday as a rise in warehouse stocks convinced traders that end-demand in China has not materially improved despite Beijing’s economic stimulus.

The copper price rebounded on Friday, moving back into positive territory for 2016 after a disappointing economic number in the US sent the dollar reeling.

Kincora Copper Limited (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce it has reached agreement providing for the merger of two Kincora subsidiaries with Ibex Land Mongolia LLC and Ibex Mongolia LLC (“Ibex”), entities indirectly controlled by High Power Exploration Inc (“HPX”).

The price of copper in New York was drifting lower on Tuesday with July futures exchanging hands for $2.0870 a pound in late afternoon trade.

Porphyry-type copper deposits provide 75 percent of the world’s copper and a significant amount of molybdenum and gold. These rare deposits, which originally form at several kilometers below the Earth’s surface, above large magma chambers, are most economical to mine. However, most near-surface deposits have already been discovered.

Lowering of cost curve, marginal mines staying open at all costs will see oversupply persist and a fifth year of copper price declines

It’s been a bad few years for copper. Prices have been falling for five years. By last year the situation had deteriorated enough to prompt a slew mine cutbacks, totaling several hundred thousand tonnes.

China is stashing away copper from London warehouses at a breakneck pace, which may put downward pressure on the price.

Chile’s Codelco, the world’s No.1 copper producer, posted Thursday (in Spanish) a net loss of $ 1.4 billion for 2015 related to asset impairments and a sharp fall of prices for the red metal.

In New York trade on Monday copper for delivery in May consolidated recent gains to reach a 20-week high after customs data from top consumer China showed a huge jump in imports of the red metal.

Rio Tinto has named its copper and coal division head, Jean-Sébastien Jacques, as its chief executive, replacing veteran Sam Walsh and marking a shift for the Anglo-Australian mining major that has long focused on iron ore.

Mining is a political business – and nowhere is this more evident than Mongolia. This landlocked Asian country has huge mineral wealth but, even at the peak of the commodities cycle, was singularly unable to develop its mining industry to any significant extent. Now parliamentary elections, coupled with the downturn in global commodity demand, look [...]

Copper prices fell the most in two weeks in London, as investors’ worries over China’s deepening economic slowdown and collapsing oil prices dampened sentiment across commodities markets.

Rio Tinto Group should focus on buying floundering rivals to secure copper mines instead of building new ones, according to Sanford C. Bernstein Ltd.

Resilience in the copper industry, its producers and investors, continues to be tested this year, as the metal price has touched fresh lows, falling last week to $1.95 per pound, a price last seen in May 2009, and analysts don’t see a clear end to China’s slowdown.

It’s only 12 January and the copper price is down 8% year to date.

Copper prices hit Monday a six-year low after more equity losses in Shanghai increased concerns over the Chinese economy, the world’s largest consumer of the red metal.

Shares in Turquoise Hill Resources (TSE,NYSE:TRQ) jumped nearly 5% in early trade on Wednesday after the company announced 2016 production and financial guidance for its Oyu Tolgoi copper-gold mine in Mongolia.

Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recovery

Doctor copper, can no longer be viewed as a leading indicator, in fact, a name change might be in order. A change of name from Dr Copper to deadbeat copper might in order, given its dismal record over the years. After the financial crisis of 2008-2009, the economy, the stock markets and copper parted ways; [...]

Major investors in Xanadu Mines (ASX:XAM) have committed to extend their support for the company’s Kharmagtai copper project in Mongolia by participating in an expansion of a recent fundraising drive.

It’s been a brutal November on copper markets with a only one up day of trading since the start of the month. Just over the last week the price has fallen more than 7%.

Copper prices extended losses on Tuesday, hitting a fresh six-year low as the terror attacks in Paris added to concerns about the global economy that have caused a month-long selloff.

In New York trade on Thursday copper for delivery in December fell sharply after economic data out of China showed growth in fixed investment – a key driver of copper demand – at a 15-year low.

Chile’s state-owned copper giant Codelco’s announcement today of another round of layoffs is just the latest sign of an industry under stress. Copper has recovered from six-year lows struck late August on the back of supply cuts by major producers but at around $2.30 a pound or $5,000 per tonne on Tuesday there isn’t much [...]