The Latest Breaking News from Resolution Copper

Copper has surged past $11,000 per ton for the first time since May 2024. The red metal is up around 21% year-to-date in a rally driven by more than just long-term demand. It is a combination of regulatory pressure, political instability, and a narrow supply base.

BHP and Rio Tinto want to mine one of the largest copper deposits in North America, if they can get a hoped-for transfer of federal forest land in Arizona.

Oak Flat is a piece of national forest land in central Arizona that has been at the heart of a years long struggle between Native American groups and mining interests that both see it as important to their future

OAK FLAT, Ariz. — On a recent morning about an hour outside Phoenix, the pounding of tribal drums reverberated across the desert from a stand of oaks in the Tonto National Forest, where nearly 20 men had packed into a squat green sweat lodge to pray.

The Arizona mine project won't move forward until more discussions with Indigenous communities.

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.

Resolution Copper is one court ruling away from destroying one of the Apaches’ holiest sites.

Imagine that a giant mining company announces plans to dig down deep beneath the Vatican to extract precious minerals, collapsing St. Peter’s Basilica into a cavernous pit. While this unlikely scenario would be met with near-universal outrage, it’s effectively what’s happening in southeastern Arizona, to almost no national scrutiny.

Native American tribal members fighting plans for an enormous copper mine on land they consider sacred say they are increasingly worried U.S. officials will move forward on the project even as they await a federal appellate court ruling in the case