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Rare Earth Minerals

Copper Mountain Mining’s IT systems seized in malicious malware attack

January 3, 2023 Mariel Alumit

​ Copper Mountain Mining (TSX: CMMC) says it has idled its mill at its mine operations near Princeton, British Columbia and switched operations to manual, following a ransomeware attack. The company said in a news release that […]

Copper
Rare Earth Minerals

Copper price down as China’s manufacturing activity contracts

January 3, 2023 Mariel Alumit

​ The copper price fell on Tuesday due to a stronger dollar and deteriorating demand prospects over weak growth in China. Copper for delivery in March fell 0.1% on the Comex market in New York, […]

Rare Earth Minerals

Taseko and Mitsui partner to develop Florence copper project

December 20, 2022 Mariel Alumit

Taseko Mines (TSX: TKO) has partnered with Mitsui to develop the Florence copper project located in Arizona. Mitsui has committed an initial investment of $50 million for the construction of the commercial production facility. This initial […]

copper
Critical Minerals

Assessing the future of copper

December 19, 2022 Mariel Alumit

Copper is undergoing some short-term volatility, but that shouldn’t put investors off the commodity, as its long-term prospects remain good, as Stavros Lambouris of HYCM describes. The long-term prospects for copper generated a lot of […]

Copper
Critical Minerals

Marimaca Copper stock rises as company drills first significant sulphides in Chile

December 15, 2022 Mariel Alumit

The drill hole intersected the border of the magnetic susceptibility high identified in the 2020 geophysical campaign. This significant magnetic anomaly beneath the current MOD dips to the east with the same geometry as the […]

Copper
Critical Minerals

Copper deficit a critical destabilizing threat to international security, says S&P Global

December 9, 2022 Mariel Alumit

Copper scarcity may emerge as a key destabilizing threat to international security in the 21st century, an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented strain on supply chains. The […]

International News

Copper price poised for best month since April 2021

November 30, 2022 Mariel Alumit

[Click here for an interactive chart of copper prices] The metal, used in construction and power, touched a near five-month peak of $8,600 a tonne earlier this month but retreated largely due to fears that rising […]

Fossil

Atalaya Mining stock rises on potential discoveries from regional exploration in Spain

November 25, 2022 Mariel Alumit

Step-out drilling in the western area of the Masa Valverde deposit also led to the discovery of a new high-grade zinc zone, including a main mineralized interval of 18 metres at 0.25% copper, 8.30% zinc, […]

China’s
Commodities

The empire of China’s copper tycoon is wobbling

September 19, 2022 Mariel Alumit

From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported into China. A […]

Copper
Finance

Copper Prices Are Trading Sideways, But Not For Long

September 12, 2022 Mariel Alumit

The Copper Monthly Metals Index (MMI) moved sideways from August to September as the index rose 1.13%. Copper prices remain steady. Copper prices began to slide at the beginning of September. After they caught a temporary bounce in […]

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