martes, 12 de septiembre de 2017

Friedland confident Congo copper project will be bigger than Grasberg

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Copper News Digest
Wednesday 13 September 2017
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Ivanhoe boss transforms what could have been a set of exciting drill results into 43 holes of "global significance in the copper world".

The diamond miner also had to halt operations at its Williamson mine as several key employees are being questioned by local authorities.

Is the industrial metals and steelmaking raw materials rally at en end?

Copper price drops more than 3% after Chinese imports stay flat for fourth month in a row and concentrate cargoes decline.

Spreading sunshine.

President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector.

Mining Development sub-secretary expects exploration activities to rise by 2 per cent in 2017

The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies' existing licenses

Chile's state-owned Codelco reports over 5% drop in first half copper production, rising costs.

Rodrigo Duterte said ban should remain in place given the environmental damage it causes, but noted he would give companies time to find alternative mining methods.

"The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment," company officials said in a statement.

Active mining concessions add up to 25,716

The world's major copper producers have lost a record amount of copper output due to strikes, power outages and low ore grades

Justin Trudeau announced that the federal government will inject $247 million into the Yukon's highway network.

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

The massive project is expected to produce close to 80,000 tonnes of copper a day.

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

Mainly due to lower output from Konkola Copper Mines, a subsidiary of London-listed Vedanta Resource

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

Deal valued at $635 million.

Shares in Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) got a fresh boost Thursday after the company announced it has further extended the mineralized footprint of its 85%-owned Cascabel copper-gold project, 180 km north of the country's capital Quito. The […]

The business could fetch around $10 billion, two banking sources said.

Zambian electricity utility Copperbelt Energy Corporation (CEC) and Glencore's Mopani Copper Mines have reached an agreement to restore full power supply to the mine from Wednesday, the president's office said on Wednesday.

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