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The Latest Breaking News from copper

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

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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

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.

ABC News

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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.

Benzinga

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.

Reuters

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,

Benzinga

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.

Bangkok Post

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

By Christopher Guérin, Chief Executive Officer of Nexans

Benzinga

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

Birmingham Post

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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.

The Independent UK

Suspect review: What makes James Nesbitt want to play the same character over and over?

Actor plays yet another sad copper in ropey Channel 4 drama

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Reuters

Codelco unions ready strike after troubled Chile smelter shuttered

Workers at Chilean state-owned miner Codelco, the world's largest copper producer, said on Saturday they will start preparations for a national strike after the firm announced the closure of the troubled Ventanas smelter.

StockNews.com

3 Attractive 'Growth at a Reasonable Price' Stocks to Buy Now

GARP is a strategy to blend the best parts of value and growth investing. It's particularly apt as it will allow investors to identify the top growth stocks trading at attractive valuations such as Cigna (CI), Freeport McMoran (FCX), and Micron (MU).

Benzinga

$100 Invested In This Stock 20 Years Ago Would Be Worth $2,400 Today

Southern Copper (NYSE:SCCO) has outperformed the market over the past 20 years by 10.11% on an annualized basis producing an average annual return of 16.94%. Currently, Southern Copper has a market capitalization of $43.33 billion.

StockNews.com

3 Attractive 'Growth at a Reasonable Price' Stocks to Buy Now

Growth stocks have been mired in a brutal bear market. However, a handful of stocks are quite cheap and continue to grow at an impressive rate. 3 such stocks that investors should consider buying are Cigna (CI), Micron (MU), and Freeport McMoran (FCX).

Reuters

Chile tax reform, mining royalty 'priority number one,' minister says

Chile's government is set to push forward its tax reform plans, including a bill on mining royalties, by the end of this month, a top cabinet member to President Gabriel Boric told Reuters, legislation that could impact the world's top copper producer.

The Times of India

Hyderabad: Six held for theft at cop control centre

HYDERABAD: Six persons were arrested on Wednesday for stealing 38 bundles of copper wires from the under-construction Hyderabad police commissionerate-cum-Command Control Center in Banjara Hills Road No. 12. Each bundle cost about Rs 1 lakh.

Benzinga

Ominous Death Cross Forms On Southern Copper's Chart

If history is any guide, there may be trouble ahead for shares of Southern Copper (NYSE:SCCO). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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