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The Latest Breaking News from copper

Exclusive-Congo to hike stake in copper, cobalt venture with China

The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo's resources with little benefit to the country.

Reuters

Water at Yarrabah Aboriginal community health precinct found to have elevated copper levels

Staff have been offered blood testing after tap water at an Aboriginal community clinic was found to have elevated levels of copper.

ABC News

PNY expands their VERTO lineup with the 4060 family of video cards

PNY has announced that their 4060 family of graphics cards will provide a budget friendly entry point into the latest generation of gaming.

Windows Central

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Copper theft spikes in south-east Queensland as sporting clubs repeatedly targeted

Police say farms, energy providers, water supplies and community venues are also being targeted, and reports are on the rise.

ABC News

Copper Update - Pretty Fundamentals and Ugly Technicals

Fundamental supply and demand analysis finds support from technical analysis; the case for higher or lower prices can be compelling. It creates market confusion when they diverge, leading to sudden and potentially violent price volatility. Copper’s fundamentals remain bullish, but the technical picture has turned ugly.

Barchart

U.S. Forest Service pauses timeline for Rio Tinto Arizona copper mine

The U.S. Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto Plc to develop the Resolution Copper mine in Arizona, a surprising reversal that boosts several Native American groups opposed to the project.

Reuters

UK to ban Russian diamonds, US sanctions target major gold miners

Britain published plans to ban imports of Russian diamonds, copper, aluminium and nickel on Friday and announced new sanctions against Russia, targeting companies connected to the suspected theft of Ukrainian grain.

Reuters

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New home for copper manufacturer Metelec

Firm moves to newly developed warehouse on Wolverhampton scheme

Birmingham Post

Copper thieves target telcos, transport, power infrastructure causing $400,000 damage

Powercor and Telstra say their infrastructure has been targeted by copper thieves several times, causing significant damage and a risk to public safety.

ABC News

MSI 2023 final to be held in London this weekend

TT1 and JDG will go head-to-head in the grand final on Sunday, May 21 at Copper Box Arena in the Queen Elizabeth Olympic Park

Evening Standard

Chile greenlights mining tax reform that boosts government take

Lawmakers in Chile's lower house of Congress gave final approval on Wednesday for a long-awaited mining tax reform that now requires only the signature of leftist President Gabriel Boric, who has publicly backed it, to become law.

Reuters

The Green Energy Transition Has a Chilean Copper Problem

Codelco is struggling to lift output amid the worldwide push toward electrification.

Businessweek

Can you spot the quantum physics around your house?

The electrons in metallic objects have an effective temperature of tens of thousands of degrees celsius because of the Fermi energy, a concept that illustrates how much quantum physics controls the properties of everyday objects in our homes.

The Hindu

On the hunt for historic troughs

Over time, many have been broken or discarded as obsolete, but there are still several hundred scattered around.

The Canberra Times

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Birmingham Post

Penderyn Whisky handed keys to third distillery following completion

The latest Penderyn site is at the former Hafod-Morfa Copperworks near the Swansea.com stadium

Reuters

Chile's senate approves mining royalty bill, passes to final vote

Chile's senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber for a final vote that could come as early as next week.

Wales Online

Immaculate 2,000-year-old carvings of 'true beauty' found buried in Wales

A man had been metal detecting in a field when he came across something he felt was important, then the scale and significance of the find became clear

Reuters

Ecuador deploys soldiers against illegal mines in Amazonian areas

Ecuador's government is deploying soldiers and police in nine provinces to combat illegal mining, officials said on Monday, in a bid to stamp out the unlawful mines mostly targeting gold and copper deposits.

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Barchart

Copper Falls Below $4 per Pound

Many market participants remain bullish on the prospects for copper prices as Goldman Sachs and other analysts continue to call the red industrial metal the new crude oil. Copper is a critical input in green energy initiatives, boosting demand in an environment where inventories have declined, and new production will…

The Hindu

Copper plates decoded by Pune-based Bhandarkar Institute sheds light on celebrated ancient Sanskrit poetess Shilabhattarika

Following the decoding of inscriptions on copper plates earlier this month, noted Sanskrit scholar Dr. Shreenand Bapat, said it was now reasonably certain that Shilabhattarika was a Chalukyan princess, possibly the daughter of Pulakeshin II, who ruled from 610-642 CE and had famously defeated Harshavardhan of Kanauj in a battle…

Caixin Global

ING Sues ICBC for $171 Million in Copper Deal Losses

Dutch banking giant alleges breach of contract by China’s largest bank in transactions involving copper trader Maike Metals

Tom’s Hardware

Ryzen 9 7950X Passively Cooled With 2.2lb Copper Bar

Redditor mods copper bars to cool his Ryzen 9 7950X -powered fanless PC.

LiveScience

Hidden symbols and 'anomalies' discovered in 800-year-old 'Stone of Destiny' to be used in Charles III's coronation

A new look at the 13th-century Stone of Destiny reveals mysterious markings and other 'anomalies' that previously went unnoticed.

Reuters

Codelco says access to its mines blocked by demonstrations in northern Chile

Chile's state-owned Codelco, the world's largest copper producer, on Friday said a demonstration against insecurity and crime in the neighbouring mining city of Calama has blocked access to its large deposits in that northern part of the country.

ABC News

Major mine Capricorn Copper will not be fully operational until 2024 after flood damage

More than a billion litres of water inundated a major copper mine in the North West Minerals Province earlier this year and several other mines were also impacted, sparking concern for export markets.

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