The price of copper dropped close to its 2018 lows and iron ore prices plunged on Thursday after customs data showed imports of raw materials by China weakening sharply in February. In brisk trading New York Comex copper for delivery in May gave up over 2% compared to Wednesday settlement price
LONDON, March 7 (Reuters) - Debt-laden Kazakh miner Eurasian Resources Group (ERG) has revived efforts to sell its Frontier copper mine in Democratic Republic of Congo (DRC) despite a drop in valuation to about $400 million, two banking sources said. The company, which is working with VTB
Castillo Copper Ltd (ASX:CCZ) is focused on fast-tracking the Cangai Copper Mine located in New South Wales back into production. The Jackaderry Project hosts the historical Cangai Copper Mine, which has a JORC Inferred Resource of 3.2 million tonnes at 3.35% copper, one of Australia's highest
The New Afton mine site includes underground workings, historic support facilities, a concentrator and tailings facility. The underground operation is expected to produce, on average, 85,000 oz. of gold and 75 million lb. of copper per year over its 12-year mine life." Contact Gekko's Greg Rasmussen, VP
Mr. Matich also stated "Historically, this Cerro de Cobre copper mine has been interpreted as a skarn, however its location at the base of a significant shale package located just above an accumulation of oxidized red beds strongly fits the copper / cobalt model for mineralization found in the Democratic
Freeport-McMoRan Inc (NYSE:FCX), BHP Billiton Limited (ADR) (NYSE:BHP), and Rio Tinto plc (ADR) (NYSE:RIO), three of the world's largest miners of copper, have one thing in common: they are all running out of copper. This video, featuring Crown Mining Corp (CVE:CWN), delves into the causes of the
VANCOUVER, March 5, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce it has acquired options to purchase the historic Treasure Box and Boyer Mine copper properties, each located in the Stillwater Range of Churchill County, approximately 100
Uzbekistan sent Rio Tinto, an Australian-British mining corporation, review materials for resumption of cooperation and plans to invite the company to invest in copper mining in the country, Uzbek media reported on March 5. "Currently we are working on resuming the cooperation with Rio Tinto. In particular
Strategic Minerals Plc (LON:SML) has completed its acquisition of the Leigh Creek copper mine in South Australia, following the payment of A$1.5mln. A further issue of Strategic Minerals shares valued at A$1.45mln, based on the volume weighted average share price throughout the month of March, are
The Pumpkin Hollow copper project is located entirely on private land close to infrastructure with all required power and water supplies secured. With the project entirely on private land, all required Nevada permits for construction and mine operations are in hand for both and underground and open pit
World mine production declined an estimated 2.4% in the first 11 months of 2017, with concentrate production declining 2% and solvent extraction-electrowinning (SX-EW), 3.5%. The decline in world mine production owed to: a 1.6% decline in production in Chile, the world's biggest copper-mine producing
Copper Mining Industry 2018 Global Market research report provide emerging opportunities in the Copper Mining industry as well as It gives analysis the Market size, share, trends, growth and cost drivers analysis. The Copper Mining industry report has studied key opportunities in the market and
West Perth, WA / March 5, 2018 / JMN Wire / Alderan Resources Limited (ASX: AL8) is pleased to announce drilling has intersected further wide intervals of copper at the Cactus Mine, part of the Company's Frisco Project in Utah, USA. Results from Alderan's continuing diamond drilling program also discovered a zone of
HTF MI recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Copper Mining market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get
Just one poll, of course, but interesting. In the Timberjay, Marshall Helmberger writes: "Opposition to sulfide-based copper mining near the Boundary Waters is increasing in Minnesota and it could play a significant role in voters' decisions in this year's elections for both governor and the Eighth District congressional seat
The final closing of the acquisition is subject to releasing CRC from certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site in a manner that is acceptable to all parties involved, including applicable governmental authorities, and replacing the
A new statewide opinion poll appears to show growing opposition to copper mining near the Boundary Waters Canoe Area Wilderness. In the poll, paid for by opponents to copper mining, 70 percent of 800 Minnesota voters said they opposed allowing a copper mine near the BWCAW. That's up from 59
SANTIAGO, March 1 (Reuters) - The main union of Chile's Los Pelambres copper mine will vote next week on a new contract its members have not yet received and which could lead to a strike if they refuse, a union leader told Reuters on Thursday. The president of the union for Los Pelambres, a unit of the
Nevada Copper also announces that John Nagulendran has today joined the Company's advisory board. Mr. Nagulendran is a Managing Partner and the General Counsel of Pala Investments, and formerly held roles with the corporate and mining and metals practices at Herbert Smith Freehills. He holds a
His ruling reinforces a government resolution to buy back the stake, which would give it full control of the Erdenet mine, which produces 530 000 t of copper concentrate a year. The decision, however, runs counter to a supreme court ruling in December. The constitutional court is the highest authority on