Copper Tag

Anglo American has reported a 6% year-on-year production rise for the second quarter of 2018, driven by higher copper and metallurgical coal output. Copper production increased by 12% to 158,000 tonnes, driven by higher grades, while coking coal soared by 33% to 5.3 million tonnes, but...

Regulations to implement the Democratic Republic of Congo's new mining code have been signed into law with no changes, despite complaints from top mining firms operating in the country. DRC’s Prime Minister Bruno Tshibala’s advisor Patrick Mutombo Buzangu told Reuters that the regulations were signed into...

Glencore has confirmed that the Democratic Republic of Congo’s state-owned mining company has begun legal proceedings to dissolve one of its subsidiaries because of a capital shortfall. In a company statement, the Anglo-Swiss commodities giant said it has ‘several options’ to address this shortfall at Kamoto...

Anglo American has released positive third quarter results including an increase in production guidance for its Kumba Iron Ore subsidiary. The world’s fifth-largest miner has lifted Kumba’s production guidance by an additional 1 million tonnes (Mt) to between 42-44Mt for 2017. The overall rise is based on...

The world’s number one miner BHP announced increased copper production but a sharp fall in iron ore output as its overall guidance for 2018 remain unchanged. Copper production for Q2 was boosted to 404,000 tonnes by better performance at the Escondida mine, rising 23% on the...

An executive from the world’s largest mining company BHP (ASX:BHP) has indicated that 2017 is set to be the turning point for electric cars, as demand for crucial commodities begins to accelerate. Speaking at an event in Singapore Arnoud Balhuizen, chief commercial officer at BHP said:...