Chilean copper mines slowly resume operations as power supplies return
Despite the 8.8 earthquake and resulting power shortages, copper mines in central Chile have begun resuming operation. However, copper markets are still somewhat nervous.
Mining news: COPPER
Finning to supply mining trucks and support equipment to Ministro Hales copper mine, Chile
Finning International’s South American division has received a Letter of Intent (LoI) from Codelco that includes the supply of 20 Caterpillar 797 mining trucks and 15 pieces of support equipment, plus a ten-year maintenance and repair contract. The approximate value of the deal, including the maintenance services, is $400 million. The equipment will be delivered [...]
NICKEL-COPPER MINING: Shakespeare production begins
ONTARIO - URSA Major Minerals of Toronto has begun mining ore at its Shakespeare nickel-copper open pit mine 70 km west of Sudbury…..more at Canadian Mining Journal
CANADIAN MINING PERSPECTIVE: Auto Workers call for probe of Kidd plant closings
The Canadian Auto Workers (CAW) is calling for a federal and provincial probe into the planned closing of the Kidd copper smelter and zinc plant at Timmins, ON…..more at Canadian Mining Journal
Will Baluchistan Province expropriate Antofagasta/Barrick Reko Diq project?
Critics say the highly prospective Reko Diq copper-gold project should revert to full state-ownership to help Pakistan repay its $51 billion foreign debt, and put Pakistan’s largest province on a sound financial footing.
Striking miners vow to not give up Cananea without a fight
In spite of a court decision favoring Grupo Mexico, which even the union’s attorney has deemed to be final, striking miners say they won’t give up the Cananea copper mine after a 2.5 year battle.
Karabashmed ZAO Plant Achieves Production Record
Ausmelt Limited is pleased to announce a record production performance of the Ausmelt TSL copper plant in Russia and congratulates Karabashmed ZAO on the achievement of 500,000 tonnes of copper production since the foundation of the company in 1989…..more at MEIOnline
HOT TOPIC: Whither Kidd copper and zinc?
If Xstrata were forced to divest its Kidd metallurgical plants in Timmins, ON, rather than close them, could a… [Full Story]
First Quantum mine hit by major power outage
Copper production at Zambia’s Kansanshi Mining company ground to a halt after a power line was vandalized
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.
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.
Promote your products and services in the Suppliers and Equipment Digest. Reach over 13,000 mining professionals each week.