Copper Mining News

MOLYBDENUM INVESTMENT – Rio promises US$270M for Bingham Canyon plant

SALT LAKE CITY, Utah – London, U.K.-based RIO TINTO is spending US$270 million for a new molybdenum autoclave process (MAP) facility at its Kennecott Utah Copper Bingham Canyon mine near here. The new process will […]

Antofagasta Faces `Major Challenge' on Margins as Costs Rise

Antofagasta Plc , the copper producer controlled by Chile's Luksic family, dropped the most in more than two months in London trading after it said maintaining margins will be a "major challenge" as energy …more […]

Rio Tinto to invest $270 million in US molybdenum project

Rio Tinto Plc said it is to spend $270 million to construct a new molybdenum processing plant at its Kennecott Utah Copper Bingham Canyon mine in Salt Lake City…more at topix

Southern Copper to invest $934 million in Peru mine

The corporation, a leading global producer of copper that operates in Peru and Mexico, is planning to invest $934 million in Tia Maria, a copper reserve located in Cocachacra - a district in the southern ...

Kennecott Utah Copper hits new safety milestone

Kennecott Utah Copper (KUC) employees and contractors have worked for more than 107 consecutive days without incurring a Lost-Time Injury (LTI).  This equates to more than 2 million consecutive hours worked without a LTI across all of KUC’s facilities.  As a substantial contributor to this record, KUC’s Bingham Canyon Mine has separately exceeded over 1 [...]

Copper belt mines now being hit with power cuts

Zambia's Copperbelt Energy Corp. , which supplies power to the country's copper and cobalt mines, has cut back supply following disruptions in electricity imports, a senior CEC official said on Wednesday…topix

ABB to Supply Three HPGR Drive Systems for Spinifex Ridge Project

Thyssen Krupp Polysius and ABB cooperate to increase Australian Moly Mines’ molybdenum and copper concentrate production. ABB, the leading power and automation technology group, announced today that it has won a contract to provide three […]

Santa Fe Gold Agrees to Purchase Processing Equipment and Real Property for Summit Silver-Gold Project

ALBUQUERQUE, NM–(Marketwire – June 3, 2008) – Santa Fe Gold Corp (OTCBB: SFEG), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced that it had entered into a […]

ZINC miner Perilya has reported further copper mineralisation at depth below its main Mount Oxide copper project near Queensland’s Mt Isa with intercepts the miner called “spectacular”.

Diamond drilling hit 22m at 6.3% copper and 0.3% cobalt from 258m, 19m at 3.7% copper from 315m, 31m at 6.2% copper from 346m and 23m at 8.9% copper from 395m….more at MiningNews.net

Copper belt mines now being hit with power cuts

Zambia's Copperbelt Energy Corp. , which supplies power to the country's copper and cobalt mines, has cut back supply following disruptions in electricity imports, a senior CEC official said on Wednesday.

BHP feels the squeeze at Olympic Dam

BHP Billiton, the world's biggest mining company, said labour and equipment shortages forced it to stagger the proposed expansion of its Olympic Dam uranium, copper and gold mine, forecast to cost at least $US6 ...

Minto Project Beats Phase Two Design Capacity

Production from Phase Two of the Minto copper-gold project, the first new metal mine and mill in a decade in this territory, has exceeded its 2,400-t/d design capacity several times since completion. Owner Sherwood Copper […]

Wireless Mesh Delivers Highest Quality Communications at Rio's Kennecott Copper Mine

There has been a lot of talk about wireless mesh systems being used in mines.  A lot of it has not advanced past small scale trials and talk, however Rajant Corporation's technology is fully operational at […]

Copper price prompts Rio Tinto to eye PNG mine restart

Mining Journal (May 12, 2008) - Rio Tinto has begun efforts to reactivate the Panguna copper mine in Papua New Guinea, almost 20 years after a secessionist rebellion forced its closure, spurred on by strong price gains for the red metal.

Pacific Ore’s BioHeap Pilot Exceeds Expectations

Pacific Ore, the company that developed the patented BioHeap leaching process, has reported that copper recovery rates from its Huogeqi pilot plant, in Inner Mongolia, are exceeding expectations. The Huogeqi project is a 50/50 joint […]

Kennecott Eagle Minerals Shortlists Union Contractors for Initial Civil/Site Work for Grassroot Eagle Nickel-Copper Mine

SUGAR LAND, TX, May 13, 2008 (MARKET WIRE via COMTEX) — RTP | news | PowerRating | PR Charts — Researched by Industrial Info Resources (Sugar Land, Texas) — Despite local opposition from environ  mental […]

May 14, 2008 Terrane Board Approves Mt. Milligan Feasibility Report

Vancouver, British Columbia: Robert Pease, President and Chief Executive Officer of Terrane Metals Corp. ("Terrane" or the "Company") (TRX: TSX-V) is pleased to announce that the Board of Directors has approved the Feasibility Study Report […]

Subcontractors start resuming Codelco operations

Mining Journal Online (May 7, 2008) - Subcontracted miners started to resume operations at divisions of Chilean copper giant Codelco they disrupted during a sometimes violent 20-day strike, a top union leader said.

Rio Tinto Group to Expand Capacity at Bingham Mine

Rio Tinto Group, fending off a $189 billion hostile bid from BHP Billiton Ltd., will expand capacity at its Kennecott U.S. copper unit by 20 percent and more than double the life of the Bingham Canyon mine.

Upgrades to a conveyer in the second half will boost refinery capacity to 327,000 metric tons a year, London-based Rio said Friday. Capacity is currently about 272,000 tons.

Pacific Ore’s BioHeap Pilot Exceeds Expectations

Pacific Ore, the company that developed the patented BioHeap leaching process, has reported that copper recovery rates from its Huogeqi pilot plant, in Inner Mongolia, are exceeding expectations. The Huogeqi project is a 50/50 joint […]

Copper price prompts Rio Tinto to eye PNG mine restart

Mining Journal (May 12, 2008) - Rio Tinto has begun efforts to reactivate the Panguna copper mine in Papua New Guinea, almost 20 years after a secessionist rebellion forced its closure, spurred on by strong price gains for the red metal.

World's Biggest Copper Producer Crippled by Strike

IndustryWeek (April 22, 2008) - Chilean state-run mining group Codelco, the biggest copper producer in the world, was struggling on April 22 with a strike that has halved its output and is costing it $10 million a day.

Outotec's Capital Markets Day 2008 on May 15-16 in Seville, Spain

OUTOTEC OYJ STOCK EXCHANGE RELEASE, MAY 15, 2008 AT 9.00 AM Outotec's Capital Markets Day 2008 on May 15-16 in Seville, Spain CMD 2008 program comprises of presentations and a site visit. On May 15, […]

China Railway to fund US$2.9 billion Congo mining project

Mining Journal (April 23, 2008) - China Railway Group plans to set up a joint venture to invest in a US$2.9 billion copper and cobalt mining project in the Democratic Republic of the Congo.

Asarco assessing prospective buyers

The committee of creditors running Tucson copper miner Asarco LLC is evaluating bids from potential buyers who would take over the company and finance its emergence from Chapter 11 bankruptcy protection.