Copper
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Codelco forced to disclose Mitsui loan contract
A Chilean civil court ordered world’s largest copper producer Codelco to publish the agreement for a financing deal of up $6.75 billion with Japan’s Mitsui & Co. (TYO:8031), reports the online version of local newspaper El Mercurio.
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Ivanplats says DRC copper project Africa’s largest
Mining Weekly | February 8, 2012Ivanplats CEO Robert Friedland said on Wednesday his company was developing Africa’s largest copper project in the Democratic Republic of Congo (DRC).
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Zambia mull policy to compel mining firms list on stock market
China Economic Net | February 8, 2012The Zambian government says it plans to put in place a policy that will compel mining firms to list on the local bourse to enhance citizens’ participation in the country’s mineral wealth, the Zambia Daily Mail reported on Tuesday.
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One killed and dozens injured during escalating Panama mining protests
Cecilia Jamasmie | February 8, 2012
An indigenous Ngöbe-Buglé teenager was killed and 40 people were injured in connection with a police crackdown on dissent over mining and hydroelectric developments in Panama, where Canadian mining companies have a large presence.
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BHP H1 earnings up 8% on record iron ore, gas production
Andrew Topf | February 8, 2012
BHP Billiton raked in US$18.7 billion in the half-year ended December 31, 2011 — an 8.3% increase in Underlying EBITDA from the second half of 2010.
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Nevsun shares plunge 30% after slashing 2012 guidance
Andrew Topf | February 7, 2012
Shares in Nevun Resources Ltd. fell off the cliff this morning after the company issued a press release saying its 2012 production estimate from its Bisha copper-gold mine in Eritrea is half of what the mine produced in 2011.
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Gunmen kill Indonesian police officer near Freeport-McMoRan’s gold, copper mine
Associated Press | February 7, 2012Unidentified gunmen have killed a police officer near the U.S. company Freeport-McMoRan’s gold and copper mine in eastern Indonesia.
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Xstrata and Glencore to close $90bn merger
Cecilia Jamasmie | February 7, 2012
After months of speculations and secret negotiations, Xstrata PLC (LON:XTA) and Glencore International PLC (LON:GLEN) have formally announced an all-share merger that would create a $90bn giant named “Glencore Xstrata International PLC.”
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Hellenic Copper utilising Hitachi fleet in Cyprus
International Mining | February 7, 2012
Two large Hitachi excavators are bringing advanced technology to an ancient copper mine in Cyprus. The ZX870LCR-3 and ZX470LCH-3 have been working at the site, which dates back more than 4,000 years, since early 2011. Cyprus was the main source for the…
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Copper One Intersects 135 Meters of 0.36% Copper and Triples the Size of the Western Zone at Lone Mountain Project, New Mexico, USA
Marketwire - Mining and Metals | February 6, 2012Copper One Inc. (TSX VENTURE:CUO) (the “Company” or “Copper One”) is pleased to announce the results for the fall 2011 core drilling program for its 100% owned Lone Mountain Project, just outside of Silver City, Grant County, New Mexico, USA.
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EMED Mining jumps 15% as Chinese company backs Rio Tinto mine restart with $30 million financing
Andrew Topf | February 6, 2012
EMED Mining (LON:EMED) climbed 14.88% today on news that the company has reached a $30 million funding arrangement with a new Chinese offtake partner respecting its Rio Tinto copper mine in Spain.
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Editor’s Pick
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Boston shipwreck contains $3 billion of platinum
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Glenstrata: Not just mining’s biggest ever deal, a new kind of resource giant
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Iron ore billionaire Gina Rinehart is “gonna be the whole shooting match” after raiding media group
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Field geologists, meet your robotic replacements
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Fukushima was a blip; uranium fundamentals stronger than ever
Podcasts
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MINING.Com Podcast: Canadian iron ore project advancing
November 1, 2011
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Upcoming conference looks at CSR and mining
August 30, 2011
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Oil overreaction?
August 25, 2011
