A flurry of weak economic news lately is weighing heavily on copper’s price. Recently, the red metal dipped to its lowest since July 25 after a release of weak global manufacturing numbers and concern over global growth. But demand is only part of the equation for the metal widely used in manufacturing and construction. Macquarie [...]

China is reigniting the mining sector with its near double-digit economic growth, working through inventories and triggering a rebound in commodity prices that is inspiring a new round of deal-making in the industry. The world’s largest commodities consumer reported robust second-quarter growth of 9.5 per cent on Wednesday, surpassing expectations and helping send both stock [...]

STOCKHOLM, July 19  – Miner and smelter Boliden (BOL.ST: Quote) narrowly missed second-quarter operating profit forecasts on Monday, hit by higher costs and sending its shares down more than 4 percent. The Swedish firm, mainly focused on copper and zinc, said the expansion of its Aitik mine had helped boost copper production by more than [...]

LUSAKA – Copper production in Zambia, Africa’s leading producer, rose 16% in the first five months of 2010, shored up by rising global metals prices, Bank of Zambia figures showed on Friday. Copper output at 321 132 t from January to May was higher than the 276 230 t the southern African country produced during [...]

THE high copper price and its subsequent positive effects on related industries have assisted some South African companies to emerge from hard times. Bell Equipment , which posted a net loss of R372m for the financial year to March , said the increase in the copper price, and the resultant surge in mining, meant a [...]

COPPER mines in Zambia, Africa’s top producer of the metal, are back in full production after a nationwide blackout halted output on Friday, a senior Government official and mining companies said on Monday. Copperbelt Province Permanent Secretary Villie Lombanya told Reuters all the mines had returned to normal production after they replaced equipment damaged due [...]

HONG KONG, June 23  – China’s top copper producer Jiangxi Copper <0358.HK><600362.SS> said on Wednesday that production at its copper mines and plants in Guixi city in flood-hit Jiangxi province was not affected by recent flooding. Jiangxi Copper would maintain its output target of 900,000 tonnes of refined copper this year versus last year’s output [...]

Mineral exploration company Taseko Mines Ltd posted a 33 percent increase in copper production at its Gibraltar mine in British Columbia in the first quarter, helped by recently upgraded concentrator components and circuits. For the first quarter, the company produced 23.2 million pounds of copper and 194,000 pounds of molybdenum. Copper grade for the quarter [...]

Copper production in Zambia, Africa’s largest producer, fell 13 percent in January 2010 compared with January 2009 due to earlier mine closures but analysts said there were good prospects for higher output. Zambia has previously said copper production could hit 1.0 million tonnes by 2011 as new mines come on stream and expansions and upgrades [...]

Mining giant Anglo American on Wednesday said its operations lost less than 1 500 tons of copper during the stoppage of its Chilean operations after Saturday’s earthquake.Scaw’s site near Santiago has been less impacted, while a third site in the north of Chile near Antofagasta is unaffected. Both affected plants will reopen once complete safety, [...]

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