Copper Company News Directory

Atico Mining Reports Q3 Financial Results

Atico Mining (TSXV:ATY) has reported its financial results for the third quarter. The Atico's El Roble mine produced 2.70 million pounds of copper and 2,932 ounces of gold, and the company recorded a net income of of $363,504 for the quarter.

BHP Betting on Copper with Olympic Dam

In an article for the Wall Street Journal, Rhiannon Hoyle notes that BHP Billiton (NYSE:BHP) is making a shift towards copper with its huge Olympic Dam project in Australia, marking a "new investment strategy" for the company.

Freeport Smelter to Remain Closed for Several Weeks

Freeport-McMoRan's (NYSE:FCX) Arizona copper smelter will remain closed for several weeks following fires caused by molten copper at the facility, according to Reuters. Being Freeport's only US copper smelter, the shutdown could raise concerns regarding refined copper supplies in the country.

Molten Copper Causes Explosions at Freeport Smelter

Freeport-McMoRan (NYSE:FCX) has shut down operations at its Arizona smelter following an incident in which molten copper breaching a processing vessel. The breach caused a fire an explosions at the Miami Arizona facility, but no injuries have been reported.