Mining News: COPPER

Rambler Is Now Just A Year Away From First Production At Its Ming Copper-Gold Project In Newfoundland And Labrador

By Alastair Ford Things are going well, says Ramblers George Ogilvie. Its certainly hard to take issue with him. The copper price is firming up, the gold price remains as strong as ever, the companys Ming mine in Canada is now just a year away from first

Good belt cleaning reduces Grasberg copper and gold losses

The April issue of IM includes the penultimate article on PT Freeport Indonesia (PTFI) and looks at oreflow to the concentrator and overburden handling. Obviously an operation of this size employs hundreds of kilometres of conveyor belt. Cleaning those belts properly is vitally important and relies on Martin Engineering belt cleaners.

Showdown over El Morro

Barrick and Goldcorp slug it out over a copper-gold mine, or is it a gold-copper mine?

First Quantum raises the bar

Record copper and gold production, as the group continues to expand, also outside Africa, and into serious nickel production from 2012.

Supply worry lifts copper after Chile aftershock

* LME copper stocks down more than 24,000 tonnes since Mar 1 * Coming Up: FOMC statement on interest rate policy 1815 GMT (Recasts, adds comment/detail) LONDON, March 16 (Reuters) - Copper rose on Tuesday as the dollar slipped against the euro and

Outotec to Deliver a New Copper Smelter for Tongling in China

OUTOTEC OYJ PRESS RELEASE, MARCH 16, 2010 AT 10.00 AM Outotec has been awarded a contract by Tongling Non-Ferrous Metals Group for the design and delivery of a new copper smelter to be built in Jinchang in Anhui province, China. The contract value is

Rio Tinto predicts continued strong commodities demand from China, then India

MELBOURNE, Australia - China's demand for iron ore, copper, coal and aluminum will increase dramatically during the next 15 years before India takes the lead in its need for those commodities, global miner Rio Tinto Ltd. predicted in its annual report

BUCHANS DRILLING RESULTS - ROYAL ROADS CORP.

Royal Roads announced the results of recently completed drilling programs on the Clementine West prospect in Buchansm Newfoundland, Canada. The best results include 19.5 m at 1.10% zinc, 0.83% lead, 0.02% copper, including 1.5 m at 3.80% zinc, 1.07% lead and 0.01% copper over 1.50 m in hole H-3420.

SWEENEY DRILLING RESULTS - NANIKA RESOURCES INC.

Nanika Resources announced that it has received assay results for Sweeney claims located south of Houston, British Columbia, Canada. The best result from Hole S10-1 returned 21.00m at 0.040% copper, 0.03% lead, 0.265% zinc and 9 g/t silver from 23.53m depth.

ADDITIONAL BOSS CLAIMS ACQUIRED - BOXXER GOLD CORP.

Boxxer Gold reported to have staked two additional mineral claim blocks, bringing its total land package to 74 mineral claims, covering approximately 8,500 acres, in the Goodsprings Mining District, Nevada.

Rio eyes continued China demand

Rio Tinto supplies vast quantities of iron ore to China Mining firm Rio Tinto has said that China's demand for iron ore, copper, coal and aluminium will increase dramatically during the next 15 years. The Anglo-Australian mining company then expects

Outokumpu - 100 years since the discovery of copper ore

a hundred years have passed since a rich copper ore deposit was discovered in Outokumpu in the eastern part of Finland. This discovery led to the establishment of Outokumpu Oy and a booming mining industry in Finland. Over the years, Outokumpu has

REALITY CHECK: Chilean power grid woes may spell big trouble for future copper supplies, domestic precious metals mining

An already over-taxed power supply, exacerbated by a fragile power system damaged by a powerful earthquake and aftershocks, could eventually prove problematic for the Chilean mining sector.

Sirius Resources Updates Exploration Findings At Youanmi Project, WA

Sirius Resources recently announced that its first soil geochemical sampling program at Youanmi has defined a distinct copper-zinc-leadbarium anomaly along strike from Metals Australia's Manindie zinc deposit in Western Australia, and a

Millrock Finalizes Option Agreement With Inmet for Exploration of San Jose and Dry Mountain Porphyry Copper Prospects in Arizona

Millrock Resources recently announced it has signed an option agreement with Inmet Mining Corporation for the exploration of the San Jose and Dry Mountain porphyry-copper prospects in Arizona. Details of the agreement were first announced January 8, 2010

Blackswan retains 'buy' stance on Discovery Metals after Boseto copper project exploration results

Blackswan Equities retailed in 'buy' recommendation for Discovery Metals (AIM: DME, ASX: DML) and target price of A$0.90 per share after the Botswana operating nickel and copper miner last week reported on the results from 26 exploration drill holes at

Copper Falls on Concern China May Move to Damp Economic Growth

March 15 -- Copper fell to the lowest price in almost two weeks on concern that demand from China, the world's largest user, may decline as the country takes steps to damp economic growth.

London afternoon: Mixed views on banks

LONDON (ShareCast) - Miners continue to be a drag on the blue-chip index as copper prices fall back, but the Footsies decline remains a leisurely one. Leading the mining sector down is Xstrata with rumours doing the rounds in the City that the

Seeing Machines Technology Hardware and Equipment (LON:SEE) report: Freeport DSS deployment

- Seeing Machines reports that it received a contract to supply its proprietary DSS driver monitoring equipment to the Grasberg mine in Indonesia, which is owned by PT Freeport Indonesia, a subsidiary of Freeport-McMoRan Copper & Gold. - The Grasberg

Quadra Mining reports major Chinese investment; fourth-quarter profit

zinc, copper and coal miner Teck Resources (TSX:TCK.B), Canada's largest publicly traded mining company. Athabasca Oil Sands Corp. also announced a joint-venture agreement last year with PetroChina that would see the Chinese company acquire a 60 per cent

Most Chile copper mines back to normal after Sunday outage

Most of Chile was left without power Sunday evening after a transformer failed in the central electricity grid, two weeks after a devastating earthquake killed hundreds and mangled roads and bridges in the world's top copper producer. State-run Codelco,

Xiangguang Copper may buy 15 pct stake in CuDeco

A worker displays a core sample of chalcopyrite, which shows traces of copper. Copper is in high demand for use in the power stations being built to alleviate China's energy shortage. Matias Recart / Bloomberg News Deal to help Chinese company get raw

Shanghai copper hits two-week low on policy concern

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2010 year of base metals

Related Stories LONDON (Commodity Online): Last year was dedicated to gold, and 2010 seems to be the year of base metals.According to analysts, prices for aluminium, copper, nickel, lead and zinc are all set to outsmart gold prices this year as

Copper down as investors worry China may tighten

* Stocks of copper fall again * Coming up: U.S. industrial production data (Recasts, previous SHANGHAI) LONDON, March 15 (Reuters) - Copper prices fell on Monday as investors worried that potential monetary tightening in China could cap demand from the

Industrial metals (copper, aluminium, nickel, etc.) daily review (March 15, 2010)

Industrial metals mostly flat on Friday, trading in tight ranges with dollar declines supporting prices but with gains limited by worries China might tighten monetary policy and slow metals demand. - The Andina copper mine owned by Chile's Codelco was

Key Chilean copper mines restart after blackout

Two weeks after an 8.8 -magnitude earthquake most of the country was left without power when a transformer failed in the central electricity grid

SANTO DOMINGO DRILLING RESULTS - FAR WEST MINING LTD.

Far West Mining announced the assay results from a 10,000m drill program at Santo Domingo, Chile. Key results includes from Hole 377 with 46m at 0.94% copper, 34.7% iron and 0.13g/t gold from 76m downhole and in Hole 390 returned 56m with 1.05% copper, 34.8% iron and 0.13g/t gold from 144m depth.

AJAX DRILLING RESULTS - ABACUS MINING & EXPLORATION CORP

Abacus Mining & Exploration announced results from diamond drilling in the Ajax East Extension area, a fault offset extension of the Ajax deposit, near Kamloops, British Columbia, Canada. The best results was returned from Hole AM-10-044 returned 71m at 0.43% copper and 0.13 g/t gold including 14m at 1.09% copper and 0.36 g/t gold and in Hole AM-10-039 intersected 72.6m at 0.33% copper and 0.22 g/t gold.

WRAPUP 1-Chile key copper mines restart after blackout

* Electricity service returns to key copper mines * Shaky supply could continue to hit mining operations * Anglo American mines status unclear SANTIAGO, March 15 (Reuters) - Key mines in Chile resumed operations after energy supply returned on Monday

Chile key copper mines restart after blackout

* Electricity service returns to key copper mines * Shaky supply could continue to hit mining operations SANTIAGO, March 15 (Reuters) - Key mines in Chile resumed operations after energy supply returned on Monday following a massive blackout in the top

Shanghai copper hit 2-week low on inflation concern

By Rujun Shen and Edmund Klamann SHANGHAI (Reuters) - Shanghai copper prices fell nearly 2 percent on Monday as investors worried about China's inflation problem, shrugging off a widespread power outage in Chile that halted output at a number of mines.

Asia Stocks Commodities Fall on China Tightening; Pound Drops

market shanghai composite index shanghai composite index » market Asian stocks dropped for the firsttime in three days while oil and copper declined on prospectsChina will take more steps to cool its economy. The poundweakened after Moody’s Investor

Goldcorp reports record 2009 production, aggressive growth strategy

Goldcorp Inc. is spending $40 million this year to develop its recently acquired El Morro gold-and-copper project in Chile, despite a dispute over ownership of the project with the world's largest gold miner. Goldcorp (TSX:G) chief operating officer

Los Pelambres copper mine halts output in Chile

SANTIAGO, March 14 (Reuters) - The Los Pelambres copper mine in Chile operated by Antofagasta Minerals (ANTO.L) halted output on Sunday after a power blackout hit much of the South American country, a company source said. (Reporting by Alonso Soto;

BHP Billiton Escondida operations normal-union

SANTIAGO, March 14 (Reuters) - Global miner BHP Billiton's Escondida deposit, the world's largest copper mine, was operating normally and was not affected by power blackouts that hit Chile on Sunday, a union leader said. (Reporting by

Bougainville Copper director's share awards vest

Source: News BitesBougainville Copper Ltd director Peter Taylor directly bought 2,283 Rio Tinto shares via vesting share awards, and had 1,717 conditional share awards lapse on March 12, 2010.He holds 10,219 shares, 20,591 options and 9,735 share awards

Chile's Codelco-Central mines halted in blackout

SANTIAGO, March 14 (Reuters) - Chile's state copper miner Codelco said its mines in the central part of the country were halted due to a widescale power outage in the country, a company spokesman told Reuters on Sunday. The miner's Codelco Norte division

Cape Lambert sells a copper project in QLD for $135m

The stock closed up nine per cent, or four cents, to 48.5 cents, but reached an intraday high and six-week best level of 54.5 cents. Cape Lambert said it had agreed to sell the Lady Annie Project to Hong Kong's China Sci-Tech (CST) Holdings Ltd. The Lady

Revised Proposal for CBH Resources may thwart Toho Zinc

CBH Resources Limited is a Sydney based minerals resource company producing zinc, lead and silver from the Endeavour Miner at Cobar in central western New South Wales. The company has two new mines ready for development, an open cut copper-zinc mine at

Read more: Copper market looking tarnished

London Hilton on Park Lane 15 March 2010 - 17 March 2010 Amsterdam 17 March 2010 - 19 March 2010 InterContinental London Park Lane Hotel

Copper market looking tarnished

London Hilton on Park Lane 15 March 2010 - 17 March 2010 Amsterdam 17 March 2010 - 19 March 2010 InterContinental London Park Lane Hotel

Global, Tier 1 Mining Companies

David Hunkar submits: In this post, let me list some of the Tier 1 gold miners and a few copper miners. But before we get into the list, here are some interesting facts about gold: US Gold Reserves totaled 8,133.5 tons in September 2008, accounting

Xiangguang Copper may buy 15 pct stake in CuDeco

Xiangguang Copper, a copper smelting unit of chicken supplier Shandong Fengxiang Group is planning to acquire a stake in Australian gold and copper miner CuDeco, to bolster its raw material supplies. Fengxiang, which is better known as a

Jim Rogers Says Buy Gold, Silver and Copper To Protect From Devaluing Currencies

Noted commodities investor and author of bestselling books like Hot Commodities and A Bull in China, Jim Rogers says investors should continue to buy gold, silver and copper as governments across the world are dishing out heaps of printed currencies with

Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding Industry in the U.S. and its International Trade

The Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding Industry report contains the most recent data and analysis on the industry's key financial data, cost and pricing, competitive landscape, industry structure, and trends.

Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum) Industry in the U.S. and its International Trade

The recently published Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum) Industry report provides the latest market research on the industry. Its comprehensive scope contains analysis on the industry's key financial data,

All mines fine after seven tremors rattle Chile, copper producers say

Chile's mining and refinery sectors escaped damage yesterday as a series of powerful aftershocks rocked the world's largest copper producer in the wake of one of the biggest earthquakes ever recorded. Chile's Codelco and global miner Anglo American said

Copper likely to trade in Rs 332-345/kg range: Kotak Comm

A strong dollar and concerns on China raising interest rates earlier than expected is keeping the base metal complex. Analysts are approaching the complex with a sell on rally strategy. In an interview with CNBC-TV18, Amol Tilak, Head Of Research, Kotak

METALS-Copper ends flat in tight, rangebound trade

* Dollar drops on record euro zone industrial production