BHP unveils world-class copper find near Olympic Dam in South Australia

Having trouble viewing this email?  View online Copper News Digest Thursday 13 December 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver BHP unveils world-class copper find near Olympic Dam in South Australia It is already being called by some experts "the thickest high-grade copper intersection seen in years." read » BHP calls off sale of Cerro Colorado copper mine as buyer backs out The world's No.1 miner had decided to offload Cerro Colorado mine in May last year, as part of chief executive Andrew Mackenzie's bid to focus on large assets in commodities such as iron ore, copper and oil. read » Newcrest expands footprint in Chile with two gold deals The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources' Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile. read » Rio Tinto's partner in Aussie copper project says nothing great so far about it Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper. read » Anglo ending 2018 on high note, predicts higher output, lower costs The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below. read » Government rejects Sierra Metals' tailings EIA for Yauricocha expansion Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process. read » Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine. read » Nautilus setting JV to secure support vessels for Solwara 1 project The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world's first commercial deep-sea mine. read » Management shake-up at Glencore costs copper chief Mistakidis his job Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role. read » Power Ore buys former Falconbridge Opemiska complex The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold. read » Casa discovers new zone at Pitman in BC Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km. read » Canadian universities not keeping up with mining industry demands—report Undergraduate mining engineering program enrollment dropped 12% between 2015 and 2016. read » Anti-mine stance eases in second-largest copper producer Cajamarca could attract as much as $18.2 billion investment in new projects, according to the Mines and Energy Ministry. read » Zambia's chamber of mines sees 21,000 job cuts due to higher taxes Africa's No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help bring down mounting debt. read » Botswana's Mowana copper mine suspends operations over working capital Copper prices on the international market have been recovering but Mowana mine, which employs 411 workers, has failed to capitalise on the gains due to equipment breakdowns. read » Canadian miner granted exploration permit in Spain Pan Global Resources can now drill the Escacena gold/copper/zinc prospect in the Iberian Pyrite Belt. read » Congo's Gecamines to boost stake in Boss Mining JV to 49% The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing enough money to the country. read » Capstone increases reserves and planned production at Mexican copper project The Cozamin project is a polymetallic underground mine with a surface milling facility. read » Importance of rare earth metals mining makes it into COP24 Experts agree that resources are the missing link in the climate debate. read » Newmont updates gold and copper outlook for 2019 and 2020 Looking ahead, he continued, the company is executing three projects that will be completed before the end of 2019. read » India court panel extends hearing on Vedanta smelter case State authorities permanently shut down the Tamil Nadu plant after police fired on protesters calling for the closure of the plant in May over concerns it was polluting their air and water. read » Chile's Codelco agrees contract with Gabriela Mistral mine workers The deal, approved by 91.7 percent of the union, also included 1.1 percent salary increases, Codelco said. read » Losing licence to operate new and biggest threat to miners — EY Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years read » Altamira expands land position in Brazil The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project. read » Vancouver miner buys cobalt-vanadium-uranium project in Saskatchewan Searchlight Resources wants to take advantage of the increased interest in battery technology. read » Taseko to buy out Yellowhead Mining Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloops, British Columbia. read » VW says last generation of combustion engines to be launched in 2026 The German carmaker is now committed to radical steps to stop global warming. read » Serbia's mining sector could contribute 5% of national output by 2023- minister Rio Tinto and China's Zijin Mining are potentially the biggest investors. read » Miramont gets green light to start drilling at Peruvian project The Vancouver-based miner anticipates drilling to begin early in the New Year. read » Glasenberg says he'll stay for 3 to 5 years: Glencore Update "When I go I hope it'll be a 45-year-old who'll take over," Glasenberg said read » China copper premiums slump to 18-month low as demand wanes The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7% from Friday's levels to $62.50 a tonne, the lowest since June 2017. read » Amarc to drill Joy copper-gold project in BC The company also identified three new targets that it says it can make drill ready through induced polarization and geological surveys in early 2019. read » India's green court to issue judgment on Vedanta smelter next week A judgment on the smelter will be uploaded on the court's website in a week's time, after which there will be no further hearings on the case. read » Read more Copper news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Copper News Digest". You mayunsubscribe at any time. The information contained in “Copper News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Copper News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.