The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY, boosted by a jump in money raised on stock exchanges to a six-year high.
In 1903, a company started operating around the Golden District. This was known as the "Laborers' Company" their full name being The Laborers' Cooperative Golden, Silver, and Copper Mining Company. For the most part, the officers were of Swedish extraction, and while some meant well, the president,
COPPER SUPPLY: Chilean mining company Antofagasta received environmental approval for a major $1.1 billion revamp of its Los Pelambres copper mine, the regional government of Coquimbo said on Wednesday. The three-stage infrastructure upgrade, unveiled in 2016, seeks to maintain the mine's
Japanese trading house Mitsui & Co. is increasing its stake in Chile's Collahuasi copper mine, also owned by Anglo American and Glencore (44% each), but has decided to sell its 1.25% stake in the Los Pelambres mine, Antofagasta's (LON:ANTO) flagship asset. Mitsui has agreed to acquire JX Nippon
Shares in Rio Tinto-controlled Turquoise Hill Resources opened 3% lower on Friday after the Mongolian government reinstated a decade-old agreement ordering the Vancouver-based company to source power for its Oyu Tolgoi mine domestically. Rio Tinto, down 1.8% in New York, could face higher costs
Local people from Letpadaung staged a demonstration against the Myanmar-Wanbao Company on 16 February at the Pathein-Monywa road junction calling for a stop to the copper mining. The protestors staged the demonstration as they claimed the company did not abide by the recommendations of the
VANCOUVER, Feb. 15, 2018 /CNW/ - Copper Mountain Mining Corporation (TSX: CMMC) (the "Company" or "Copper Mountain") announces appointments of VP of Operations and Chief Operating Officer. CMMC is pleased to announce the appointment of Don Strickland, P.Eng. as Vice President and Chief Operating
Marubeni's purchase of an additional stake comes as it strengthens its copper platform from a long-term viewpoint, it said in a statement. Japanese trading houses are scouting for assets as they enjoy their best profit outlook in six years, driven by higher prices for commodities from metals and coking coal to
The company encountered temporary production problems at Veladero last year, and its London-based subsidiary, Acacia Mining PLC, has been under an export ban in Tanzania for almost a year. This year, Barrick expects to produce between 4.5 million and five million ounces of gold, which would likely
Toronto, Ontario / February 15, 2018 / JMN Wire / Rosita Mining Corporation (RST: TSX-V) ("Rosita" or the "Company") is pleased to report that sampling from new workings developed on the Company's Tipispan target by local artisanal miners, has returned high grading copper and precious metals values. Sampling
LUSAKA - Australian company EMR Capital plans to double production at Zambia's Lubambe copper mine, a company official said on Wednesday after completion of EMR's acquisition of a majority stake for $100-million. "Our first task is to lift copper production to above 40 000 t and we want to do that in
Mining and metals investors were piling into the sector's big names on Wednesday as gold jumped, base metals prices surged and iron ore continued to rally on optimism about global demand for raw materials ahead of a holiday week in top consumer China. Gold enjoyed its best trading since the Brexit
LUSAKA, Feb 14 (Reuters) - Austalian company EMR Capital plans to double production at Zambia's Lubambe copper mine, a company official said on Wednesday after completion of EMR's acquisition of a majority stake for $100 million. "Our first task is to lift copper production to above 40,000 tonnes and
Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our three producing mines are the Pinto Valley copper mine located in Arizona, US, the Cozamin polymetallic
The planned baseline program will continue with and confirm the environmental and socio-economic data that had been collected previously by Capstone Mining Corp. Vince Sorace, President and CEO, stated, "The key to successfully moving our project through feasibility, environmental assessment,
The Company remains confident that the Gasp?(C) Peninsula is ideally suited for copper exploration in Canada. Once home to the largest copper mine in North America - the Gasp?(C) Copper Mine - which operated for approximately 50 years, the region has been vastly unexplored and largely ignored by exploration companies
The firm, which also mines copper, zinc and gold, sold 6.4 million tonnes of steelmaking coal, at an average realized price of $170 per tonne, in the fourth quarter, in line with its December forecast for 6.5 million tonnes of output at an average price of $165 to $170 per tonne. For its full year, the diversified
I take great pride and satisfaction with our team's considerable accomplishments against the backdrop of what was a challenging period in the mining sector. This is a very exciting time in Nevada Copper's development, and I look forward to fully supporting the Company in my capacity as a director as we
The four known deposits called B&G, Kanisqel, ??iflig and Dushku i Trashe comprise the Rehova Copper Mine, a historically producing mining operation which was operated by the Albanian state copper enterprise. These deposits are relatively close to each other (200m-500m apart) which made mineral
Lower copper prices have also impacted mining companies' price action. Southern Copper (SCCO) and Antofagasta (ANTO) have seen a negative price action of 2.0% and 12.8% in 2018. Among other copper miners, Freeport-McMoRan (FCX) and Glencore (GLEN-L) have lost 7.3% and 7.4%, respectively, this year based