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copper

Tuesday, October 22

Copper prices sink as US-China trade tensions flare

Copper prices fell to their lowest level in nearly five months overnight, after a Chinese diplomat ramped up rhetoric that could stoke the trade conflict between the United States and China and possibly erode metals demand.

BHP flags new copper find near Olympic Dam

BHP has identified a potential new iron oxide, copper and gold mineralised system near its Olympic Dam operations in South Australia as part of a copper exploration program.

Oz Minerals CEO Andrew Cole, left, with Kokatha Aboriginal Corporation Chairman Chris Larkin at the Carrapateena site in 2016. Photo: David Mariuz / AAP

Green-light for $900m mine just the start of copper boom, Govt declares

The State Government is hailing the approval today of Australia’s largest undeveloped copper project – the $916 million Carrapateena mine development – as a “vote of confidence in the South Australian economy”.

Cost cutting helps Oz Minerals to record profit

Cost cutting and record production have helped Adelaide-based copper and gold producer Oz Minerals to more than double its profits for 2015.

Oz Minerals officially stakes its claim in Adelaide

It’s a rare sight today to see a resources company opening a new HQ.

Copper slips as oil prices tumble, again

Copper has slipped as oil tumbled towards 11-year lows and risk appetite was subdued ahead of an expected US rate rise, although better-than-expected Chinese economic data put a firm floor under prices.

BHP Billiton to slash costs at Olympic Dam

Oversupply has forced BHP Billiton to cut costs across its copper division, with the biggest chop aimed at South Australia’s Olympic Dam.

copper

Copper prices sink as US-China trade tensions flare

BHP flags new copper find near Olympic Dam

Green-light for $900m mine just the start of copper boom, Govt declares

Cost cutting helps Oz Minerals to record profit

Oz Minerals officially stakes its claim in Adelaide

Copper slips as oil prices tumble, again

BHP Billiton to slash costs at Olympic Dam

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