Grupo Mexico predicts growth in copper and other metals, reversing upward inventories trends
With the re-acquisition of U.S. copper miner Asarco, Grupo Mexico claims it is now the world’s top company in terms of copper reserves.
Mining news: COPPER
New Gold reports record ‘09 gold production, predicts 2010 production increase
All three of New Gold’s operating mines reported excellent gold production in 2009 with Mexico’s Cerro San Pedro and Australia’s Peak Mines also producing silver and copper above guidance.
Seven wounded in shootings at Freeport’s Grasberg copper/gold mine
At least seven persons, two of them Freeport-McMoRan Copper & Gold employees, were injured Sunday after they were shot while traveling in a Grasberg mine-related convoy.
Amur has submitted mining licence request for Russian project
The London-listed miner has applied to the Russian government for its flagship nickel and copper project, Kun Manie
Mining could help make Chile a developed country: technology is the key
Key personnel* from the Centre of Copper and Mining Studies (CESCO), as reported in MineraAndina, say that Chile should take on the strategic aim of becoming a producer and exporter of mining technology. “This requires the mining sector to be a key strategy of development for the next government, and not only as a source [...]
Weatherly International to sell smelter business to Dundee
The African copper miner has agreed to sell its Tsumeb smelter business in Namibia to Dundee Precious Metals
New Mine Development on SupplyMine - Jabal Sayid
The copper and gold project is located in Saudi Arabia some 350 km north-east of Jeddah.
A Definitive Feasibility Study was completed and results published in December 2009 - the study takes onto consideration underground mining of two of the three lodes. Mining inventory stands at 24.4 Mt in reserves grading 2.3% Cu, 0.3 g/t Au [...]
Botswana copper-silver district holds major promise for Discovery
Australian junior explorer Discovery Metals is currently working on a bankable feasibility for its very promising Boseto copper-silver project in Botswana
Big Antamina copper-zinc mine $1.2 bn expansion to be approved this week
The joint BHP/Xstrata/Teck/Mitsubishi owned Antamina copper-zinc mine in Peru’s big expansion programme is set to be approved in the next few days
Workers at one of world’s largest copper mines vote to strike
The world’s largest copper producer, Chile’s Codelco may seek mediation to head off strike at one of its biggest mines, while Xstrata’s Altonorte copper smelter blockaded by strikers.
SA gives green light to new $130mln copper-gold min
Foley, who is Acting Premier while Mike Rann is in Copenhagen for a global climate summit, approved the Kanmantoo project, which will be operated by Hillgrove Resources Ltd….more at Industry Search
Latin American iron ore, copper miners in better shape than global peers–Fitch
Fitch Ratings suggests the Latin America Metals and Mining Industry is well-positioned for a stable 2010.
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