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21 MAY 13 European Minerals Day from 24-26 May 2013
European Minerals Day 2013 takes place from 24-26 May. In 2011, over 180 sites in 21 European countries took part. One of the channels to raise awareness of the European Innovation Partnership on Raw Materials. http://www.mineralsday.eu/

15 MAY 13 New report tracks mine funding fall
Funds raised by the mining sector in Q1 2013 dropped almost 24% to under US$ 5.2 billion from almost US$ 6.8 billion in Q4 2012 upon rising operating costs, falling metals prices and lower ore grades, according to intierraRMG’s new State of the Market report. http://www.intierraRMG.com 

9 MAY 13 Taking the African copper message to China
The Africa Copperbelt Summit organised by ABA and SMM in Shanghai takes place from 17-19 July. In light of significant Chinese investment in African mining infrastructure in recent years, no less than The Prime Minister of the Democratic Republic of Congo has been invited to attend, along with the Minister of Mines from the Republic of Zambia. http://www.afr-ba.com/africa-copperbelt-summit.html 

6 MAY 13 'Cu in the water' features in Copper Worldwide Vol 3 No 2 issue
The current status of deep-seabed mining for copper and other minerals is looked at in the leader for the Vol 3 No 2 issue published in April 2013, also there is a News Spotlight on Africa and the Copperbelt. You may Register or Subscribe according to your status as a Producer or Supplier respectively. Please enquire via Webform or direct.

26 APR 13 ICSG Copper Market Forecast for 2013-2014
According to ICSG projections released in April, 2013 refined copper production is expected to have a 415 kt surplus relative to demand, is expected to grow by 4.3% to 20.98 Mt, and further growth of 5.1% is anticipated for 2014 with refined production reaching 22.05 Mt. http://www.icsg.org/

22 APR 13 Cochilco starts weekly World Copper Market Review
Week 16 - China’s GDP grew 7.7% in Q1, surprising markets expecting an 8% rise. The IMF reduced its growth expectations for China in 2013 by 0.1% to 8% and cut its global growth forecast by 0.2% to 3.3%. In 2013, leading economies are expected to grow 1.2% while emerging countries should grow by 5.3%. http://www.cochilco.cl/english/

17 APR 13 Copper market records small surplus in 2012
The world copper market recorded a surplus of 34 kt in 2012 against a surplus of 241.6 kt in 2011, according to World Bureau of Metal Statistics data released in April. The three months to February 2013 have each recorded a surplus. http://www.world-bureau.com

15 APR 13 New events held at CESCO Week 2013
Apart from the 12th World Copper Conference organised by CRU Events, CESCO Week 2013 featured ‘Mining and Sustainable Development’, ‘Molybdenum Market Forum’, and ‘Talent for Mining: Global Challenge for the Industry’ events, as well as the 2nd Sulphuric Acid Seminar and the 2nd Mining, Energy and Water Summit. Around 2,000 attended the CESCO Gala Dinner.
http://www.cesco.cl/en/ 

12 APR 13 Thomson Reuters GFMS Copper Survey 2013 launch in Santiago
The Copper Survey 2013 estimates global mine production grew by 4% to 16.669 Mt in 2012, refined copper supply rose 2% to 20.059 Mt, scrap-based production was up 3% to 3.596 Mt, and SX-EW output rose 4% to 3.627 Mt. Global copper demand rose by 1% to 19.845 Mt in 2012 (China +4%, Rest -2%). Concentrate trade flows were up 8% to 5.8 Mt contained copper.
http://www.gfms.co.uk/?page_id=231 

Q1

25 MAR 13 ICSG figures for 2012 refined copper (extended report)
According to preliminary ICSG data for 2012, world usage of refined copper grew by around 3.1% (608,000 t) to 20.5 Mt, as compared to 2011, principally owing to strong growth in Chinese apparent usage. China’s apparent usage growth was based on a 17% increase in net imports of refined copper. On a regional basis, usage grew by 7.5% in Asia (0.9% in Asia ex-China region) and 1% in the Americas but declined by 6% in Oceania, 6.3% in Europe, and 13.5% in Africa. In 2012, concentrate production increased by 4.2% while SX-EW production was up by 5.4%. Increases in Chile (3%), China (26%), Democratic Republic of Congo (21%), Mexico (18%) and Peru (5%) more than offset declines in Australia (4%) and Indonesia (26%). The average world refinery capacity utilisation rate for 2012 was 79% compared with 80.6% in 2011. http://www.icsg.org/ 

21 MAR 13 Copper market deficit for January to December 2012
The copper market recorded a deficit of 21 kt in January to December 2012, which follows a surplus of 242 kt in the whole of 2011. Reported stocks rose by 100 kt during December and ended the month 78 kt higher than at the end of 2011. http://www.world-bureau.com  

20 FEB 13 Fall sees overall Americas output fall
Latest ICSG preliminary figures for January to October 2012 show The Americas smelter production as 2,238.5 kt and refinery production as 4,180.4 kt, falls of 9.6 per cent and 6.5 per cent respectively year-on-year. http://www.icsg.org/index.php/press-releases

19 FEB 13 Report sees 6 per cent production rise
According to the quarterly IntierraRMG Edition 1, 2013 State of the Market Report, the weighted average of all announced Q4 2012 copper production showed a 6 per cent improvement over Q3, the biggest increase coming at the Escondida mine. http://www.intierrarmg.com/Homepage.aspx 

14 FEB 13 ICSG Directory forecasts to 2016
According to the newly available ICSG Directory of Copper Mines and Plants, annual mine capacity in the period 2013 to 2016 is expected to grow at an average rate of around 8 per cent per year to reach 27.7 Mt in 2016. http://www.icsg.org/index.php/press-releases 

8 FEB 13 China set for 2013 smelting and refining capacity expansion
According to Antaike Copper Monthly in January, it is estimated that newly added copper smelting and refining capacity in China will be 1.17 Mtpy and 1.80 Mtpy respectively in 2013, with total capacity of 5.59 Mtpy and 9.76 Mtpy resulting. http://www.antaike.com/ 

24 JAN 13 Increase in 2012 production deficit to October
Preliminary ICSG data on the refined copper balance for the first ten months of 2012, including revisions, indicates a production deficit of 557,000 t (seasonally adjusted deficit 456,000 t) compared to a 146,000 t deficit (s.a.d. 44,000 t) in the same period of 2011. http://www.icsg.org/index.php/press-releases 

17 JAN 13 Copper market records deficit in January to November 2012
The copper market recorded a deficit of 250 kt in January to November 2012, which follows a surplus of 244 kt in the whole of 2011. Reported stocks rose by 23.4 kt during November and ended the month 37 kt lower than at the end of 2011 http://www.world-bureau.com/ 

15 JAN 13 Over 200 delegates to attend 2nd Myanmar Mining Summit
The 2nd Myanmar Mining Summit & Official host Ministry of Mines will welcome over 200 delegates in Yangon on 21-24 January to unravel the local mining climate, prospects and updates on the amended mining laws and regulations.
Click on panel to right of page -> 

4 JAN 13 Zambian Government to establish Copper Park
Zambian Commerce, Trade and Industry Minister Robert Sichinga, interviewed in December, said that the Zambia Development Agency would establish a Copper Park in Kabwe in Central Province to promote the export of finished copper goods. http://allafrica.com/stories/201212270375.html 

ARCHIVED NEWS STORIES   

7 NOV 12 International Wrought Copper Council (IWCC) autumn 2012 demand forecasts pt1
The IWCC forecasts apparent demand for refined copper in Europe in 2012 weakening with a decrease of 4% expected for 2012. A small recovery of 2% is forecast for 2013. www.coppercouncil.org

7 NOV 12 International Wrought Copper Council (IWCC) autumn 2012 demand forecasts pt2
The IWCC forecasts apparent demand for refined copper in China increasing more than 9% to 8.65 million tonnes. Underlying China demand is expected to increase by only 4% in 2012. www.coppercouncil.org 

18 OCT 12 Low cost mining safe from harsher market conditions
The ‘commodity boom’ is not over for low cost miners, according to Paul Robinson of CRU Group, who was presenting at the 2012 CRU Breakfast as part of LME Week. www.crugroup.com

17 OCT 12 Platts Metals Daily market report launched
After 40 years as a weekly, Metals Week has been re-launched as Metals Daily in pdf format covering the aluminium, copper and molybdenum value chains. http://www.platts.com/Products/metalsdaily 

11 SEP 12 Modest growth in China 2012 power use forecast
China's electricity use is expected to grow 6 to 7 per cent in 2012 to between 4.98 and 5.03 trillion kilowatt hours, lower than preliminary forecasts, according to Antaike Copper Monthly in August. www.antaike.com

5 SEP 12 Three BIC countries still have a long way to go
The average power consumption measured per capita worldwide was 313 watts (W) based upon available figures up to 2012. Canada was highest at 1,795 W, China 397 W and India 85 W, indicative of huge growth potential. Source: wikipedia 

24 AUG 12 ECI to manage global IMO compliance group The International Maritime Organisation (IMO) under MARPOL Annex V2 will restrict residue discharges of bulk materials such as metal concentrates, matte, scrap and slags from 1st January 2013 onwards. http://www.eurocopper.org/copper/ 

20 AUG 12 Copper market records deficit in January to June 2012 The copper market recorded a deficit of 129 kt in January to June 2012, following a surplus of 433 kt in the whole of 2011, according to the World Bureau of Metals Statistics. www.world-bureau.com

13 AUG 12 China to remain tied to large scale imports
In its latest study ‘Copper Mining Market in Asia-Pacific to 2020 – ...', GBI Research of New York expects China will consume 10 million tonnes per year by 2020... http://www.gbiresearch.com/pressreleases.aspx 

12 AUG 12 Copper Worldwide first anniversary article A special article and case study entitled ‘Multi-metal recycling for a sustainable society’ has been compiled. http://www.copperworldwide.com/copper-downloads.htm 

10 AUG 12 Chile will still be the top producer by 2020 A new report by GBI Research of New York entitled ‘Copper Mining Market in South and Central America to 2020 -...'  http://www.gbiresearch.com/pressreleases.aspx 

1 AUG 12 Wind power sector demand rising Analysis from Wood Mackenzie research teams reveals that a 12 per cent growth in wind power capacity across Western Europe is increasing copper demand... www.woodmac.com

25 JUL 12 West Africa faces infrastructure challenge ‘Mining Market in Western Africa’ report by GlobalData. www.globaldata.com 

18 JUL 12 Deficit up to May 2012 recorded The copper market recorded a deficit of 94 kt in January to May 2012, which follows a surplus of 421 kt in the whole of 2011, according to the World Bureau of Metals Statistics. www.world-bureau.com

17 JUL 12 ACEI campaigns for EU support The Alliance for a Competitive European Industry met European Commission President Mr. José Manuel Durão Barroso in July... http://www.eurometaux.eu/Press/PressReleases.aspx

13 JUL 12 Copper scrap is gaining in importance The 1st Metal Bulletin Copper Recycling Conference was held in Brussels, Belgium in June 2012. Around 110 delegates attended. http://www.metalbulletin.com/events/rcop

13 JUL 12 China fabrication market reports Power industry driving force for Chinese copper consumption growth - Antaike publication Copper Fabrication Monthly (April 2012 No. 001). http://www.antaike.com/products.php 

1 MAY 12 ICSG copper market forecast 2012-2013 World demand for refined copper in 2012 is expected to exceed production by about 240,000 mt, as supply will continue to lag behind the growth in demand. www.icsg.org

23 APR 12 Panama Canal centenary expansion on course Centenary expansion, third lane of locks operational in 2014. Fleets of ‘New Panamax’ vessels of 12,600 TEU built up by large shipping lines since 2009. http://www.pancanal.com/eng/expansion/index.html 

4 APR 12 Chile to maintain global mining share According to estimates of the Chilean Copper Commission, Chile will contribute about 6.8 Mt by 2015 and 7.3 Mt by 2020, maintaining its global share at around 35 per cent. No link url. 

8 MAR 12 New book on understanding copper published Understanding Copper – Technologies, Markets, Business is newly available in a 375 page hardback edition. http://www.understanding-copper.com/

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