Southern Copper’s Rocha Expects Copper to Average $3 in 2015
The Wall Street Journal reported that Southern Copper (NYSE:SCCO) CEO Oscar Gonzalez Rocha has called for copper prices to sit around $3 per pound in 2015 on the back of strong copper demand from...
View Article6 ‘Best-performing CEOs’ from the Resource Sector
In its November issue, the Harvard Business Review put out a list of the world's best performing CEOs. The leaders of six resource companies made the list, with one CEO even making the top 10.Continue...
View ArticleCopper Prices Continue to Fall
While gold and silver have been doing a little better as of late, copper prices have continued to take a beating — the metal dipped to $2.53 on Wednesday. That said, analysts are stressing that the red...
View ArticleWhy is Thomson Reuters GFMS Predicting a $7,073 Incentive Copper Price?
Thomson Reuters GFMS predicts that the copper price will average $5,795 per tonne for 2015. However, the incentive price is anticipated to be much higher, at $7,073 per tonne.Continue reading...
View ArticleSouthern Copper Temporarily Halts Work at Tia Maria Project
The Wall Street Journal reported that Southern Copper Corp. (NYSE:SCCO) plans to temporarily halt development of its $1.4-billion Tia Maria copper project. The move follows nearly two months of...
View ArticlePeru Declares State of Emergency Over Violent Mining Protests
CNN reported over the weekend that Peru has declared a state of emergency due to violent protests against a mining project in the country. Protests are aimed at the development of Southern Copper's...
View ArticleSouthern Copper’s Tia Maria Project: Social License and the Copper Market
Problems at Southern Copper's Tia Maria mine reached new heights on Friday when Peru declared a state of emergency due to violent protests at the operation. The situation highlights the importance of...
View ArticleCopper Price Dips as Peruvian Miners Begin Two-day Strike
Spot copper fell 0.31 percent on Wednesday, to $2.76 per pound. Meanwhile, the LME copper price dipped 0.4 percent, to $6,083 per tonne, marking the lowest price for the metal since late April.Continue...
View ArticlePeru: Southern Copper Will Likely Have to Extend 60-day Pause at Tia Maria
Reuters reported that Peru's energy and mines minister said on Friday that Southern Copper (NYSE:SCCO) will likely need to extend a 60 day hold period at its Tia Maria project, as the company needs to...
View Article10 Top Copper-producing Companies
Here’s a look at the 10 top copper-producing companies of 2014, as outlined in this year’s Thomson Reuters GFMS Copper Survey. Codelco is in first place, and it's followed by Freeport-McMoRan and...
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