Mining News: COPPER
By Minesite,
March 17, 2010 at 3:14 AM -
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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
By International Mining,
March 17, 2010 at 2:10 AM -
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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.
By Mineweb,
March 16, 2010 at 8:14 PM -
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Barrick and Goldcorp slug it out over a copper-gold mine, or is it a gold-copper mine?
By Mineweb,
March 16, 2010 at 4:00 PM -
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Record copper and gold production, as the group continues to expand, also outside Africa, and into serious nickel production from 2012.
By Sharenet,
March 16, 2010 at 3:17 PM -
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* 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
By PR inside,
March 16, 2010 at 8:33 AM -
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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
By Lethbridge Herald,
March 16, 2010 at 8:30 AM -
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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
By InfoMine - CompanyProperty Mine,
March 16, 2010 at 8:00 AM -
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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.
By InfoMine - CompanyProperty Mine,
March 16, 2010 at 8:00 AM -
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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.
By InfoMine - CompanyProperty Mine,
March 16, 2010 at 8:00 AM -
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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.
By BBC,
March 16, 2010 at 7:35 AM -
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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
By PR inside,
March 16, 2010 at 7:33 AM -
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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
By Mineweb,
March 16, 2010 at 6:25 AM -
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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.
By Magnesium.com,
March 16, 2010 at 4:49 AM -
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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
By Magnesium.com,
March 16, 2010 at 4:48 AM -
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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
By Proactive Investors.co.uk,
March 16, 2010 at 2:52 AM -
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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
By Financial 24,
March 16, 2010 at 12:31 AM -
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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.
By Find,
March 15, 2010 at 10:21 PM -
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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
By Stock Markets Review,
March 15, 2010 at 10:02 PM -
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- 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
By Canadian Press,
March 15, 2010 at 8:03 PM -
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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
By Reuters Canada,
March 15, 2010 at 3:02 PM -
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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,
By Shandong China,
March 15, 2010 at 1:04 PM -
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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
By Business Spectator,
March 15, 2010 at 11:07 AM -
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:32 PM
By CommodityOnline,
March 15, 2010 at 11:05 AM -
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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
By Sharenet,
March 15, 2010 at 10:51 AM -
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* 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
By Stock Markets Review,
March 15, 2010 at 9:07 AM -
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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
By Mineweb,
March 15, 2010 at 8:16 AM -
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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
By InfoMine - CompanyProperty Mine,
March 15, 2010 at 8:00 AM -
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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.
By InfoMine - CompanyProperty Mine,
March 15, 2010 at 8:00 AM -
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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.
By Reuters India,
March 15, 2010 at 7:11 AM -
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* 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
By Sharenet,
March 15, 2010 at 5:53 AM -
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* 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
By Sharenet,
March 15, 2010 at 5:41 AM -
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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.
By Financial 24,
March 15, 2010 at 5:38 AM -
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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
By Q97.5 EZ Rock,
March 15, 2010 at 2:29 AM -
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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
By Reuters UK,
March 15, 2010 at 2:23 AM -
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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;
By Reuters,
March 15, 2010 at 2:16 AM -
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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
By Business Spectator,
March 15, 2010 at 1:20 AM -
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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
By Reuters UK,
March 15, 2010 at 1:07 AM -
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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
By IndustrySearch,
March 14, 2010 at 10:56 PM -
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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
By Proactive Investors.co.uk,
March 14, 2010 at 9:49 PM -
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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
By Commodities Now,
March 14, 2010 at 4:11 PM -
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London Hilton on Park Lane 15 March 2010 - 17 March 2010 Amsterdam 17 March 2010 - 19 March 2010 InterContinental London Park Lane Hotel
By Commodities Now,
March 14, 2010 at 2:07 PM -
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London Hilton on Park Lane 15 March 2010 - 17 March 2010 Amsterdam 17 March 2010 - 19 March 2010 InterContinental London Park Lane Hotel
By Seeking Alpha,
March 14, 2010 at 10:05 AM -
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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
By China Securities Journal Net,
March 13, 2010 at 5:56 PM -
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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
By Market Oracle,
March 13, 2010 at 5:10 PM -
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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
By Mindbranch,
March 13, 2010 at 10:44 AM -
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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.
By Mindbranch,
March 13, 2010 at 10:44 AM -
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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,
By National Post,
March 13, 2010 at 10:20 AM -
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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
By Moneycontrol.com,
March 13, 2010 at 4:36 AM -
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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
By Financial 24,
March 13, 2010 at 12:10 AM -
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* Dollar drops on record euro zone industrial production
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