Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.
The company says its future depends on the Andina mine expansion, as dwindling ore grades in its old mines are expected to bring annual output down.
Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.
The functional art installation was created outside a shopping centre in London.
139M pounds copper indicated and 270M pounds inferred.
Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
The price drop overshadowed the miner’s coal sales increase during the quarter, which totalled 6.8 million tonnes, compared with 6.3 million tonnes a year earlier.
Legendary mining financier spoke at Sprott Natural Resource Symposium Vancouver.
Two vehicle models to be built on same assembly line.
State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.
The shipments, the first of their kind in six months, were allowed after Sebuku Iron Lateritic Ores (SILO) and Lumbung Mineral Sentosa agreed to pay the new 20% tax.
Following a 19th century tradition traders today must sit on the red leather sofas arranged in a 20-foot diameter inner ring.
Joy Global will use the Meridium tools to predict and prevent asset failures and enhance maintenance strategies.
Las Bambas will be one of the world’s largest copper mines after it starts up in 2015, with annual output equivalent to more than twice the amount of copper MMG currently produces.
Northern Dynasty Minerals dropped 7.69% to 78 cents on Friday.
Kaizen will find projects and ITOCHU will fund them.
Gross proceeds of $114,500.
Authorities are is planning to send a letter to the Colorado-based miner saying that it has defaulted on its contract and, therefore, is “negligent."
The Toronto-based firm has shown president and CEO Jamie Sokalsky the door two years into the job, and less than three months after a breakdown in merger talks with its largest rival.
The world’s second-largest mining company’s produced 139.5 million metric tons of iron ore in the six months through June, while its shipments rose 20% to 142.4 million tons.
What a difference six months can make.
As BHP considers the sale of almost all of the businesses that Billiton brought to the 2001 merger deal, experts say the firm is likely to end up leaving London.
The miner has agreed to form a joint venture with Saudi Arabian Mining Co (Ma'aden) to run its Jabal Sayid asset.
Currently China is the second largest producer of the red metal, with an annual output of about 1.6 million tonnes per year.
The miner is now looking for new projects that will allow it to return more than 30% average value to shareholders, president Clive Newall said.
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