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The Latest Breaking News from copper

Copper crash deepens as recession fears dominate metals trading

Copper extended a sharp retreat after the economic bellwether suffered one of its worst days since the depths of the Covid-19 pandemic in 2020 on growing fears of a global recession.

Bangkok Post

Here's How Much $1000 Invested In Southern Copper 20 Years Ago Would Be Worth Today

Southern Copper (NYSE:SCCO) has outperformed the market over the past 20 years by 9.07% on an annualized basis producing an average annual return of 16.23%. Currently, Southern Copper has a market capitalization of $38.71 billion.

Benzinga

How to craft the Minecraft Lightning Rod and use it

Use Copper to craft a Minecraft Lightning Rod and divert lightning

GamesRadar

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Zijin Mining Pours $269 Million More Into Lithium Assets

Copper and gold mining giant continues strategic shift with plan to acquire 75% of Houdao Ming, owner of the Xiangyuan lithium project

Caixin Global

Nottinghamshire villagers angered after having no landline or internet for more than a month

People in the village believe copper wiring has been stolen

Nottingham Post

Sterlite has dumped 5.67 lakh tonnes of copper slag in and around Thoothukudi, govt. tells HC

‘3.25 lakh tonnes of the slag dumped on the banks of Uppar river’

The Hindu

2 Alternative Energy and EV Supply Chain Stocks Offering Massive Long-Term Upside

The bear market has been very challenging for investors. Based on history, we are probably about 50% through. One productive activity for investors is to make a list of the stocks to buy on weakness. A category that will continue to grow even through a recession is alternative energy and…

StockNews.com

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Deutsche Bank Maintains Buy Rating for Teck Resources: Here's What You Need To Know

Deutsche Bank has decided to maintain its Buy rating of Teck Resources (NYSE:TECK) and lower its price target from $52.00 to $48.00. Shares of Teck Resources are trading down 4.73% over the last 24 hours, at $31.65 per share.

Benzinga

US-Based Exploration & Development Company Ivanhoe Electric Prices Big US IPO

Ivanhoe Electric Inc has priced its initial public offering at $11.75 a share, raising $169.1 million. The company’s mining billionaire Robert Friedland sold about 14.4-million shares at the bottom of its previously guided IPO price range of $11.75 to $12.50. The underwriters have an option to purchase an additional 2.16-million shares. According to…

Benzinga

Explained | A history of the Sterlite Copper plant in Thoothukudi

Why did the local communities oppose the functioning of the copper plant in Tuticorin? Has its closure impacted the Indian copper industry?

The Hindu

Leocor Gold Commences Drill Program on the Baie Verte Project, NW Newfoundland

Vancouver, British Columbia – TheNewswire - June 23, 2022 - Leocor Gold Inc. (the "Company" or "Leocor") (CSE:LECR), ((; (Frankfurt:LGO) is pleased to announce it has completed mobilization of a Rotary Air Blast ("RAB") drill and initiated drilling on the Company's Baie Verte project located near Anaconda Mining's Pine Cove…

Benzinga

Copper, all in a tangle

An advertisement in the papers last week had the industry in Tamil Nadu sit up and take notice. The contentious Sterlite Copper plant has put out a notice of its intention to sell its plant in Thoothukudi. Pollution issues not withstanding, industrialists said that if this announcement was true, there would…

The Hindu

Copper utensils of Chalcolithic Age found in Attappady

They were found by a labourer while digging near the banks of the Kodumkarapallam river

The Hindu

Feds issue draft assessment that could doom Minnesota mine

The U.S. Forest Service has issued a draft environmental assessment to lay the foundation for a proposed 20-year moratorium on copper-nickel mining upstream from the Boundary Waters Canoe Area Wilderness

The Independent UK

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ABC News

Qantas to slash 15pc of domestic flights, ASX recovers amid 'tremendous' uncertainty

Qantas will cut up to 15pc of its domestic flights as fuel prices surge, while the Australian share market rebounds despite a slump in commodity prices over worries about a possible global economic slowdown.

Benzinga

AstraZeneca's ALXN1840 Shows Promising Action Against Copper Metabolism Disorder

AstraZeneca Plc (NASDAQ:AZN) announced detailed results from the positive FoCus Phase 3 trial of ALXN1840 in Wilson's disease, an inherited condition in which the body's pathway for removing excess copper is compromised. The data showed that ALXN1840 met its primary endpoint demonstrating three-times greater copper mobilization from tissues compared to the standard of…

Benzinga

Analyzing Southern Copper's Short Interest

Southern Copper's (NYSE:SCCO) short percent of float has risen 910.64% since its last report. The company recently reported that it has 4.05 million shares sold short, which is 4.75% of all regular shares that are available for trading.

Reuters

Road to Peru's Las Bambas copper mine blocked again by residents

A community in Peru's Andes mountains on Wednesday blocked a highway used by MMG Ltd's Las Bambas copper mine, demanding payment for use of the road, according to a source close to the company and a protest leader.

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Benzinga

Interra Copper Announces Market Maker Engagement

June 17, 2022 – TheNewswire - Vancouver, BC – Interra Copper Corp. (CSE:IMCX) (OTC:IMIMF) (FRA:3MX) ("Interra" or the "Company") Interra is pleased to announce that effective immediately,

Bangkok Post

Ancient Buddhist city threatened by Chinese copper mine

MES AYNAK, Afghanistan: An ancient Buddhist city carved out of immense peaks near Kabul is in danger of disappearing forever, swallowed up by a Chinese consortium exploiting one of the world's largest copper deposits.

Benzinga

It's Time To Recycle Now Or Face Breadlines For Copper

By Christopher Guérin, Chief Executive Officer of Nexans

Birmingham Post

Start-up glamping business sees rise in demand for eco-friendly stays in Staffordshire countryside

Tabitha Cartmail launched Copper Beech Glamping, near Woodseaves, just before the pandemic

The Times of India

Vedanta puts on sale its Sterlite copper smelting plant in Tamil Nadu

NEW DELHI: Vedanta has put on sale its Sterlite copper smelting plant at Thoothukudi in Tamil Nadu after facing a lot of hurdles in reopening the unit and has invited an expression for interest from the potential buyers.

The Times of India

Vedanta shares plunge over 12% after company puts Tuticorin copper smelter plant on sale

NEW DELHI: Shares of Vedanta plunged over 12 per cent on Monday after the company offered to sell a copper smelter complex in Tamil Nadu that was closed 4 years ago.

The Hindu

Vedanta Group puts Sterlite Copper up for sale

The announcement has come as a surprise because in the last few years officials from Sterlite Copper have been saying closing the plant, selling the plant or moving away from Tamil Nadu was not on cards.

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