Aluminum and Copper

Mining News Pro - Fortescue Metals Group has enlarged its foothold in South Australia by embarking on two joint venture (JV) agreements in copper and gold through its subsidiary FMG Resources.

Mining News Pro - Copper prices touched their highest in two weeks on Tuesday, lifted by hopes that top consumer China will pump money into building metals-intensive infrastructure.

Mining News Pro - Rio Tinto has released details of encouraging intercepts at the Winu copper-gold discovery in the Paterson province, Western Australia.

Mining News Pro - Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco’s takeover and abandonment of the site in 1999.

Mining News Pro - Capstone Mining Corp. (TSX: CS) announced Tuesday it has entered into an agreement to sell its 100% interest in the Minto copper mine to Pembridge Resources PLC (LON:PERE). Capstone has reportedly been working on a sale as early as February 2018.

Mining News Pro - Environmental monitoring equipment made in the North West is set to protect miners working at the world’s largest copper mine, following a major new exporting deal for Stockport-based manufacturer Trolex Ltd.

Mining News Pro - National Iranian Copper Industry Company has succeeded to sell $238.4 million in the first two months of this year.

Mining News Pro - Kutcho Copper Corp. (TSXV: KC) has raised C$2 million through a private placement of 10 million units (each consisting of one share and one warrant)

Mining News Pro - Vancouver-based Nicola Mining plans to advance its New Craigmont copper property with a diamond drilling program this year. Drilling began on May 23, 2019. The project site is 10 km from Merritt.

Mining News Pro - South32 has awarded a long-term engineering services contract at the Worsley Alumina bauxite operations in Western Australia to SRG Global.

Mining News Pro - A magnitude 8.0 earthquake struck northern Peru early Sunday near copper and gold mines, prompting officials to activate emergency protocols.

Mining News Pro - Unionized workers at Codelco’s Chuquicamata operation rejected on Saturday the miner’s final contract negotiation offer and announced that on Tuesday and Wednesday they will be voting on a proposal to go on strike.

Mining News Pro - The South Australian Minister for Energy and Mining granted Havilah Resources (ASX: HAV) three mineral leases and two miscellaneous purposes licenses for the Kalkaroo copper-gold project, located northeast of Adelaide in South Australia.

Mining News Pro - Transition Metals staked two new properties, collectively covering 15,144 hectares in northern Saskatchewan’s Wollaston Basin Copper Belt.

Mining News Pro - Copper prices hit their lowest since January on Thursday as fears grew that a worsening confrontation between the United States and China will damage economic growth and metals demand. Benchmark copper on the London Metal Exchange (LME) dropped to $5,880 a tonne in intraday trading, the weakest since Jan. 14, before pulling back to close down just $2 at $5,926.

Mining News Pro - Aluminum price was immediately affected by the trade war between US and China and became fluctuated.

Mining News Pro - Financial Deputy of National Iranian Copper Industry Co. said that they are able to find solutions to export Iran’s copper.

Mining News Pro - Rio Tinto is strengthening a commitment to become a key supplier of materials for battery and electric technologies at the Jadar lithium project in Serbia and at its copper ventures around the world.w

Mining News Pro - Nevada Copper Corp`s (TSX: NCU) announced a series of deals on Wednesday to finance its 100%-owned Pumpkin Hollow copper project through to completion targeted for the final quarter of the year.

Mining News Pro - A coalition of businesses, environmental advocates and outdoor recreation groups in the state of Minnesota, U.S., have gone to court challenging a Trump administration’s decision that opened the door to a copper, nickel and platinum project in a wilderness area.

In Picture