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Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM
Sewer Cleaning

Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM
Sewer Cleaning

Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM
Sewer Cleaning

Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM

Copper News

Codelco sees ‘good news’ in exclusion of cathodes from US copper tariffs

Codelco sees ‘good news’ in exclusion of cathodes from US copper tariffs

July 30, 2025, The chairman of the world’s biggest copper producer, Chile’s state-run Codelco, said on Wednesday it was positive that cathodes were not subject to US tariffs on copper.

7/30/2025
By: MiningDotCom
Southern Copper eyes $10.2B Mexico investment pending talks

Southern Copper eyes $10.2B Mexico investment pending talks

July 31, 2025, Southern Copper (NYSE, LON: SCCO) is in talks with Mexican President Claudia Sheinbaum’s administration to resume mining investments in the country valued at $10.2 billion.

7/31/2025
By: MiningDotCom
Trump shocks markets with scaled-back copper tariff

Trump shocks markets with scaled-back copper tariff

July 30, 2025, The United States will impose a 50% tariff on copper pipes and wiring, President Donald Trump said on Wednesday, but details of the levy fell short of the sweeping restrictions expected and left out copper input materials such as ores, concentrates and cathodes.

7/30/2025
By: MiningDotCom
Vedanta misses quarterly profit estimates on weak aluminum prices

Vedanta misses quarterly profit estimates on weak aluminum prices

July 31, 2025, Indian metals-to-oil conglomerate Vedanta missed quarterly profit estimates on Thursday, as lower aluminum and copper prices and higher tax expenses overshadowed the impact of strong local demand.

7/31/2025
By: MiningDotCom
Goldman told clients to go long copper a day before price plunge

Goldman told clients to go long copper a day before price plunge

August 1, 2025, Goldman Sachs Group Inc.’s salespeople were recommending their hedge fund clients bet on a surge in US copper prices just a day before US President Donald Trump’s tariff decision sent the market crashing by the most on record.

8/1/2025
By: MiningDotCom
Trump tariff surprise triggers implosion of massive copper trade

Trump tariff surprise triggers implosion of massive copper trade

July 31, 2025, The global copper market is reeling from its biggest shock yet in a year of policy surprises, violent price swings and unprecedented trade dislocation. US President Donald Trump went ahead with 50% tariffs on copper imports but exempted refined metals, which are the mainstay of international trading. The move triggered a record plunge for US prices after a period of fat profits for traders who hurried metal to America before the levies kicked in. A large premium for New York futures over London evaporated.

7/31/2025
By: MiningDotCom
Why did copper escape US tariffs when aluminium did not?

Why did copper escape US tariffs when aluminium did not?

5th August 2025, LONDON – A US decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep duties on aluminium, and highlights the central importance of electricity costs and the lobbying dynamics shaping US policy.

8/5/2025
By: Mining Weekly
Traders brace for wave of copper to hit LME after tariff shock

Traders brace for wave of copper to hit LME after tariff shock

July 31, 2025, Copper traders are rushing to book up storage space in a bet that US President Donald Trump’s shock decision not to tariff the main traded form of the metal will prompt a wave of copper into warehouses on the London Metal Exchange.

7/31/2025
By: MiningDotCom
McEwen Mining to complete Argentina mine feasibility study in two months, executive says

McEwen Mining to complete Argentina mine feasibility study in two months, executive says

4th August 2025, SAN JUAN - McEwen Mining expects to complete a feasibility study for its Los Azules copper mine in Argentina in two months, paving the way for the Canadian miner to seek $600-million in financing needed to build infrastructure next year, a top executive said in an interview.

8/4/2025
By: Mining Weekly
Southern Copper warns US-China trade war could hit copper in short-term

Southern Copper warns US-China trade war could hit copper in short-term

July 30, 2025, Grupo Mexico’s Southern Copper mining unit believes the US-China trade war will hit the global economy, affecting the copper sector, CFO Raul Jacob said on a call with analysts on Wednesday to discuss quarterly results.

7/30/2025
By: MiningDotCom
Why the rush? What is driving the surge in 2024–2025 mining megadeals

Why the rush? What is driving the surge in 2024–2025 mining megadeals

July 30, 2025, The mining sector is undergoing a dramatic consolidation. From January 2024 to mid-2025, mining companies announced or closed 18 deals over $1 billion each, totalling approximately $47 billion. While mining M&A has always been cyclical, the past 18 months have marked a major shift in both the scale and frequency of large transactions.

7/30/2025
By: Canadian Mining Journal
Codelco Mine Collapse in Chile Likely Triggered by Mining Activity, Sources Say

Codelco Mine Collapse in Chile Likely Triggered by Mining Activity, Sources Say

8 August 2025: The fatal collapse at Codelco’s El Teniente mine in Chile, which killed six workers, was likely caused by mining-induced geological stress rather than natural seismic activity, according to sources. The mine remains halted pending safety reviews and investigations.

8/8/2025
By: Mining Discovery
Canada’s Sudbury, Voisey’s Bay expansions boost Vale nickel, copper output

Canada’s Sudbury, Voisey’s Bay expansions boost Vale nickel, copper output

August 1, 2025, Vale’s (NYSE: VALE) Canada operations led its second-quarter performance with a 44% rise in nickel output at Voisey’s Bay in Labrador and higher output at its Sudbury operations.

8/1/2025
By: MiningDotCom
Trump’s scrap copper quotas too small to shift the marke

Trump’s scrap copper quotas too small to shift the marke

July 31, 2025, Proposed limits on US scrap copper exports which aim to reduce reliance on overseas production of the metal, are unlikely to have much impact, analysts say, with exports already below the planned cap.

7/31/2025
By: MiningDotCom
BHP and Lundin will request Argentina incentives, but other miners fear missing out

BHP and Lundin will request Argentina incentives, but other miners fear missing out

6th August 2025, SAN JUAN - BHP and Lundin plan to soon apply for a new Argentine investment incentives scheme for their Vicuna copper project, but other miners fear they may get left out before the program's cut-off date a year from now, executives said at a mining conference this week.

8/6/2025
By: Mining Weekly
Aurion and KoBold Metals Sign Critical Minerals Exploration Agreement

Aurion and KoBold Metals Sign Critical Minerals Exploration Agreement

Mar 19, 2025 - Aurion Resources Ltd. (TSX VENTURE: AU) (OTCQX: AIRRF) (“Aurion” or the “Company”) announces that it has signed a definitive agreement with KoBold Exploration Finland Oy (“KoBold”), a wholly owned subsidiary of KoBold Metals Company, granting KoBold the right to earn an undivided 75% interest in an area covering approximately 35 km² in the eastern portion of Aurion’s 100% owned 160 km² Risti Property (“the Project Area”). Aurion retains the rights to explore for and develop any portions of the Project Area where the predominant mineral in a discovery is gold or silver.

3/19/2025
By: Aurion Resources
Copper price collapses by 20% as US excludes refined metal from tariffs

Copper price collapses by 20% as US excludes refined metal from tariffs

July 30, 2025, Copper prices collapsed by 20% on Wednesday afternoon after US President Donald Trump excluded the most widely imported form of copper from his planned import tariffs.

7/30/2025
By: MiningDotCom
Capstone Copper Approves Mantoverde Expansion Project in Chile

Capstone Copper Approves Mantoverde Expansion Project in Chile

11 August 2025: Capstone Copper has approved construction of its Mantoverde Optimised project in Chile after securing all board and regulatory approvals. The expansion will increase concentrator throughput, extend mine life to 25 years, and add 20,000 tonnes of copper annually.

8/11/2025
By: Mining Discovery
Vale says ERG Brazil mine investment still not adding up

Vale says ERG Brazil mine investment still not adding up

4th August 2025 Top iron-ore producer Vale continues to weigh an investment in Eurasian Resources Group’s Brazilian mine project, but says it has not yet found a cost-effective way to develop it.

8/4/2025
By: Mining Weekly
Copper rises as Chile stoppage stirs fresh concerns about supply

Copper rises as Chile stoppage stirs fresh concerns about supply

4th August 2025 Copper rose for a second day as Chilean mining giant Codelco grappled with the aftermath of a deadly accident at one of the world’s biggest underground mines.

8/4/2025
By: Mining Weekly
Vale’s Q2 net profit falls 24% but outdoes analyst forecasts

Vale’s Q2 net profit falls 24% but outdoes analyst forecasts

July 31, 2025 , Brazilian miner Vale reported on Thursday a 24% decline in its second-quarter net profit from a year earlier to $2.12 billion, while still outperforming analyst expectations.

7/31/2025
By: MiningDotCom
Peruvian informal miners suspend talks with government

Peruvian informal miners suspend talks with government

August 3, 2025, Informal miners in Peru suspended talks with the government and may resume protests due to disagreements in negotiations, one of the protest leaders said on Friday. CONFEMIN union leader, Maximo Franco Bequer, told reporters the government refused to alter an August 17 deadline for miners to move explosives into formal “powder magazines.”

8/3/2025
By: MiningDotCom

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