New drilling at the Nanadie copper-gold project has intersected high-grade mineralization, and the resource could rise significantly.
Rio Tinto says it is not rushing to restart merger talks with Glencore after the standstill period ended.
On the macro side, the US-Iran military conflict continues to escalate. US forces struck Iran on the night of July 29, and Trump said military action will resume if diplomacy fails and plans to authorize tariffs on Iran.
Xinke Materials plans to acquire a 20% minority stake in Xinke Copper, increasing its ownership to 100% and making it a wholly-owned subsidiary.
US refined copper imports exceeded 200,000 tonnes in July, setting a record monthly inflow, with copper entering the country at the fastest pace in at least 12 years.
Capstone Copper is optimizing its operations amid rising sulfuric acid costs, prioritizing higher-margin sulfide ore at its Mantoverde mine in Chile.
The copper supply-demand gap is expected to widen to 300,000 tonnes, while mine-stage costs continue to climb.
Mariana Minerals completed a $310 million Series B round, reaching a $1.5 billion valuation.
US copper imports surged to a record high, with the market awaiting Trump's tariff decision.
JCHX discloses that the Lonshi copper mine east zone will use underground mining, with designed annual capacity of 2.5 million to 3.5 million tonnes.
London Metal Exchange (LME) data shows copper inventories fell by 5,825 tonnes.
Kazakhstan has approved a $1.58 billion copper smelter project, with construction scheduled to begin in 2027.
A severe storm in Chile has halted copper mine production, adding fresh pressure on global copper supply.
Copper demand expected to rise 70% by 2050; IEA warns of 25% supply gap by 2035.
Copper supply expectations continue to be revised downward, while tin and molybdenum prices are poised to challenge new highs.
Overseas copper mining majors reported mixed first-quarter production, with Freeport-McMoRan and Glencore seeing notable declines.
El Niño may impact half of the world's copper mines, prompting miners to brace for hydropower shortages.
Western Mining expects the Yulong Phase III project to start production at end-2026, with the Chating copper mine planned to be completed and commissioned in 2030.