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Copper Mining News
Technique likely to become an inexpensive way to uncover rich copper deposits.
The biggest winner was Anglo American (LON:AAL), which briefly posted its biggest ever one-day percentage gain, closing later still 15% up compared to the previous session.
After a five-year delay, the country’s parliament has finally approved Centerra’s plans to mine the Gatsuurt gold deposit.
The collapse of the global resources stock market capitalization will have severe consequences.
According to official figures, Iran has now more than $10 billion of investment pledges under its belt.
The Prospectors & Developers Association of Canada is asking the government to increase the Mineral Exploration Tax Credit (METC) to 30% for a period of three years.
The copper mine, property of Japan's top smelter JX Nippon Mining & Metals, will have to pay $10.8 million for breaching environmental rules.
FTSE 100 reweighting to take place in March.
However, they acknowledge that there are no signposts yet in the market that suggest mineral prices will rebound soon.
The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.
Picks up private Australian nickel and gold mine and stake in Manitoba copper mine from VMS Ventures.
Nautilus Minerals Inc. announces that the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%) has taken delivery of the three Seafloor Production Tools (“SPTs”) from Soil Machine Dynamics Limited’s facility in Newcastle upon Tyne.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
Today’s post shows the largest companies by revenue in each U.S. State.
More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
Tiny Aston Bay Holdings (BAY-V), a junior with a copper-zinc project in Nunavut, seized the market’s attention by announcing a preliminary joint-venture deal with the world’s largest mining company.
Teck Metals Ltd. is expected to be hit with substantial fines.
Quoting levels "very low" and machines already sold are not being put into service by mining companies.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
Barrick Gold Corp is back on top as Canada’s best-performing stock and the world’s most valuable gold company
Barrick Gold Corp. has surged to become Canada’s best-performing stock as a two-month rally in the precious metal gives added lift to the company’s turnaround efforts.
The two sides have yet to resolve a government demand that the US firm first pay a $530 million deposit.
Mining hits a BRIC wall.
The miner expects an output of 710,000-740,000 tonnes for 2016 as it ramps up production at its Antucoya and Centinela Concentrates mines, as well as from its share in Zaldivar mine, which co-owns with Barrick Gold.
The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.