A bill to boost copper mining in Nevada has ballooned into legislation that includes issues unrelated to the mining sector. As a result, Nevada Copper may face an uphill struggle in getting the Conservation and Economic Growth Act passed through the Senate.
Glencore’s planned takeover of Xstrata will create a commodities giant. But instead of being threatened, junior copper miners may actually gain from the merger, as the new company could look to them to shoulder risks.
Copper is key to Zambia’s economic success, which needs Chinese investors. But workers are being abused at Zambia’s Chinese-operated mines.
Bloomberg reported that copper demand will require the copper mining industry to expand to new regions.