Copper prices soar to 15-month highs due to supply constraints and rising demand
Copper prices have surged to their highest levels in 15 months, reaching $4.3 (€4.01) per pound in April before settling at $4.2 per pound. This...
Tag : copper mine
Zijin Mining’s copper blending facilities: China’s ascendancy in the global market
China’s leading mining company, Zijin Mining Group, is poised to launch its latest copper concentrate blending facilities in Dongfang city, Hainan province, by the end...
Controversy surrounds canadian company Solaris Resources Inc.
Amidst the unfolding of the world’s largest mining conference in Toronto, a Canadian company, Solaris Resources Inc., is under scrutiny as Indigenous communities in Ecuador...
China approves $2.4 billion expansion for Julong copper mine, world’s largest copper operation
China has greenlit a CNY17.5 billion (USD2.4 billion) plan to expand the Julong copper mine in the Qinghai-Tibet Plateau, which will make it the world’s...
Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
The European Commission recently released the EU Critical Raw Materials Act aimed at achieving climate-neutrality by 2050 and securing Europe’s sustainable and resilient economic growth....
Europe, Copper demand under pressure due to Green Deal
The world’s largest economies are committed to reducing carbon emissions by diminishing their reliance on fossil fuels. They are building solar panels and wind turbines...
BHP joins hunt for Serbian copper
BHP, the largest Australian miner, has struck a new deal to explore for copper in Serbia as it accelerates efforts to boost its exposure to...
Kazakhstan, KAZ Minerals increases copper production 26% in first nine 2022
KAZ Minerals, the largest copper producer in Kazakhstan, reported today that its copper production increased by 26% to 282 kt in the first nine months...
Zijin triples production at Serbian copper complex
Bor, in north-eastern Serbia, is one of the country’s most polluted cities. While local people protest their toxic air and water, Chinese mining company Serbia...
Skouries project is expected to produce an aggregate of 140,000oz of gold and 67 million pounds of copper per annum
Canadian firm Eldorado Gold has signed a mandate letter for a credit-committee-sanctioned €680m finance facility from Greek banks to develop the Skouries project in northern...