China's scores of iron ore mining companies produced only 0.2% more crude ore in November, but the year to date figure shows a 6.5% increase in 2017 to 1.16bn tonnes as mines make the most of higher prices and record-breaking steel output. On a 58-65% Fe content basis tonnage is closer to
The copper price is scaling heights not seen since the end of November, bolstered by strong economic data coming out of China and Wall Street buying. 9Finance reported on Sunday that rising stock market indices on Wall Street "had boosted sentiment and sparked a wave of buying on industrial metals
Brisbane, WA / December 18, 2017 / JMN Wire / Queensland copper producer CuDeco Limited (ASX: CDU) announced today the resumption of Processing Plant Operations and Concentrate Production at its flagship Rocklands Copper Mine, after addressing the requirements of the Department of Natural Resources and
Indonesia and the US mining company Freeport-McMoran are edging closer to a deal that will mean a state-owned group taking a majority stake in Grasberg, the world's second-biggest copper mine. After months of tense negotiations, the two sides are set to publish a memorandum of understanding before
This is the third strike this year over profit-sharing staged by the company's unions and it affects Southern Copper's two mines in the country. The company, a subsidiary of Grupo Mexico, is the world's fifth largest copper miner in terms of output, and Peru is the second-largest producer. This means that any
VANCOUVER, Dec. 15, 2017 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) has completed the sale of its Kutcho development project to Kutcho Copper Corp. ("Kutcho Copper") (formerly Desert Star Resources Ltd.). Under the terms of the agreement, Capstone received C$28.8 million in cash and 4,646,892
Copper Mountain Mining (TSX: CMMC) announced that it has tabled a $70-million, all-share bid for Australia-based Altona Mining (ASX:AOH) and its district-scale Cloncurry copper-gold property, located 95 km northeast of Mount Isa in Queensland. According to Altona's updated feasibility study, Cloncurry
HCL completed the de-watering activity, installed and commissioned the mining infrastructure and restarted mining activities, after obtaining all statutory approvals like, environment and forest clearances, including execution of mining lease deed from the central and state governments. "The mine, after
A deal for Rio to sell its interest in Grasberg could be structured so that Freeport's obligation to divest its own stake in the mine would be reduced, Christopher LaFemina, an analyst with Jefferies LLC in New York, said in a note this month. The plan would allow for "an elegant solution to a complex problem,"
JOHANNESBURG (miningweekly.com) - Aim-listed Strategic Minerals has renegotiated the terms of its acquisition of the Leigh Creek copper mine, in South Australia, and has decided to purchase the mine for A$3-million through an equal mixture of cash and equity. When Strategic Minerals announced
The Ajax mine has not been granted an environmental assessment certificate by the B.C. government, signalling the potential end of the project. KGHM Ajax Mining Inc. had applied to build a 1,700-hectare gold and copper mine on the site of a pre-existing open pit mine. The mine would have been 10
Shares in Toronto-listed Katanga Mining, added another 25% in value on Tuesday after announcing it has restarted its giant copper-cobalt operation in the Democratic Republic of the Congo. On Monday trading in the company's shares were briefly halted on the TSX after investors piled into the US$2
Mongolia's Supreme Court has ruled the government is not allowed to nationalize a 49% stake little-known Mongolian Copper Corp (MCC) owns in a former Russian copper mine. The Mongolian parliament had voted in February to seize MCC's holding in Erdenet mine after the legislators' own probe
The $1.5-billion Rosemont Project is an open-pit copper mine in the Santa Rita Mountains, about 50 km southeast of Tucson. It is expected to be the third-largest copper mine in the United States, accounting for approximately 10% of the country's total copper production, and it received a Final Record of
LONDON, Dec 12 (Reuters) - Glencore said on Tuesday its Katanga mine in the Democratic Republic of Congo produced its first copper cathodes on Monday as it restarts after output was suspended in 2015. Chief Financial Officer Steven Kalmin told an investors presentation that 150,000 tonnes of copper
Strategic Minerals Plc (LON:SML) will now buy the Leigh Creek copper mine in South Australia from Resilience Mining Australia outright following due diligence. As reported in October, Strategic revealed it was to pay a total of A$5mln, mainly by way of royalties in combination with cash, shares and taking
An interactive on-line booklet about copper mining with text, questions and interactive diagrams.
Part of an interactive on-line booklet about copper mining explaining the early, physical stages in the process.
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Copper mining news. Explore related Copper articles for more information on the Copper mining industry.