Mining industry
Anglo Asian Mining PLC, an Azerbaijan-focused gold, copper, and silver miner, reported a substantial increase in production during the second quarter of 2025. The company produced 8,293 gold equivalent ounces, a significant jump from 2,707 ounces in the same period last year. Copper production also saw a remarkable
Mining industry
Anglo Asian Mining plc has released its production and sales review for the three months to 30 June 2025 (Q22025) and six months to 30 June 2025 (H12025). The company has seen a significant increase in production, with total Q2 2025 production of 8,293 gold equivalent ounces, compared to
Mining industry
The impending 50 percent tariff on copper imports imposed by the US may have a "modest" impact on the Philippines' copper exports in the short term, but it will still influence local copper miners in the global market. The imposition of the tariff, set to take effect
Tariffs
Billionaire mining entrepreneur Robert Friedland has welcomed the Trump administration's vow to impose a 50 percent tariff on copper imports, arguing that domestic production of the metal is critical to America's national security. Friedland, founder of Toronto-listed Ivanhoe Mines, believes the move is needed to "
Mining industry
Taseko Mines Ltd. has reported improved economics for the Yellowhead copper project in British Columbia, showing a 25-year mine life with average annual copper production of 178 million pounds. The project, located in central British Columbia, Canada, is expected to have a total cash cost of USD1.90 per pound.
Tariffs
Former U.S. President Donald Trump has issued a bold and unprecedented move by announcing sweeping new tariffs on copper imports and Brazilian goods, citing national security concerns. The tariffs, set to take effect on August 1, also target seven smaller U.S. trading partners, including the Philippines, Sri Lanka,
Tariffs
China's Foreign Ministry has urged the United States to reconsider imposing tariffs on copper imports, citing a national security assessment as the reason. The US plan, announced by President Donald Trump, would impose a 50% tariff on copper imports, effective August 1, 2025. China sees this move as
Tariffs
The Trump administration has confirmed its plan to impose a 50% tariff on copper imports starting August 1, a move aimed at protecting the US domestic industry and reducing reliance on foreign producers. President Trump believes that this action is necessary to ensure the country's security, infrastructure, and
Mining industry
Namib Minerals Corp. (NASDAQ: NAMM) is a mining company focused on gold, copper, and cobalt production and exploration in Africa. With a growing portfolio and a purpose-driven mission to reinvest in its home continent, Namib Minerals is building a modern mining enterprise rooted in African opportunity. The company's
Mining industry
Troilus Gold Corp. has secured an indicative commercial offtake agreement with Boliden Commercial AB for the sale of copper-gold concentrate expected to be produced from the Troilus Project in north-central Quebec, Canada. This agreement marks the second offtake arrangement for Troilus, following a recently announced agreement with Aurubis AG. The
Tariffs
US President Donald Trump unveiled a sweeping set of sector-specific trade measures targeting metals, semiconductors, and pharmaceuticals, with copper futures surging as much as 17% following the remarks. Major copper producers, including Freeport-McMoRan Inc and Rio Tinto Ltd, saw their shares rally on the news. Trump also proposed giving pharmaceutical
Mining industry
Swedish mining and infrastructure equipment manufacturer Epiroc AB has secured a significant order from Sociedad Punta del Cobre SA, a Chilean copper mining company. The agreement includes a fleet of specialized haulers and digital solutions designed to enhance operational efficiency and safety across Pucobre's mines. The order, valued
