C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) earlier this week provided an update on its Khaleesi project in Peru, highlighting strong geochemical results and early geophysical indicators of a large-scale copper system. The company said it secured a community agreement in August, which allowed it to conduct advanced surface exploration.
ACG Metals (LSE:ACG, OTC:ACGAF) chairman and CEO Artem Volynets talked with Proactive about the company's strategic focus for 2025, including the construction of its Sulphide expansion project. Volynets confirmed that the project is on track for commissioning in early 2026, setting ACG Metals on the path to becoming a copper producer with an anticipated output of up to 25,000 tonnes of copper equivalent annually.
China North Industries Corp, known as Norinco, has offered to adjust its offer to buy copper and cobalt assets owned by Chemaf SA by raising the Congo government's stake to smooth the path to a deal, two sources familiar with the matter told Reuters.
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) has announced the results of a grid-based soil sampling program at its Khaleesi copper-gold project in southern Peru which has allowed it to identify a copper-molybdenum anomaly measuring 1,900 meters in length and up to 650 meters wide. The soil sampling program covered a 3.3 square kilometre alteration footprint, previously identified through mapping and rock sampling.
Codelco, the Chilean state-owned copper mining company, is actively pursuing international partnerships and making significant investments in its copper and lithium operations, according to Chairman Maximo Pacheco.
Copper investors looking for a lifeline may have to wait. JPMorgan analysts warn that a perfect storm of trade tariffs, geopolitical risks and AI disruption fears is weighing on copper-exposed stocks.
President Donald Trump's vow of tariffs on U.S. copper and aluminium imports would result in higher costs for local consumers because of a shortfall of domestic production and the length of time it would take to renew the industry, analysts and industry sources said on Tuesday.
Goldman Sachs on Monday said the copper market is pricing in odds of about 50% that there will be a 10% U.S. tariff on the metal by the end of the first quarter of this year.
Chile rejected an environmental permit for Andes Iron's controversial $2.5 billion Dominga iron and copper mining project on Wednesday.
The outlook for base metals in 2025 is marked by tight market conditions and constrained supply, especially for copper, nickel and aluminum. Base metals appear to be better positioned due to the relatively tighter physical markets, analysts at Bank of America (BofA) and UBS have highlighted.
China will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) earlier this week highlighted significant progress in its royalty portfolio, particularly with the Los Azules copper project in Argentina. Executive chairman Kirill Klip shared that McEwen Copper, the project's operator, secured an environmental permit for construction and operation—a key milestone in advancing the project toward a feasibility study expected in early 2024.