Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.
Copper Mining News
Brad Halverson has spent nearly three decades with the mining and construction equipment maker.
The world’s largest gold miner hopes to reach an agreement over claims against its subsidiary and the country’s current ban on mineral concentrate exports.
A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.
What a difference a year makes.
The Vancouver-based company plans to explore an area located within the privately-owned St. Julian mine claim block
Metso has been able to improve the safety of operations at both sites by developing and implementing innovative safety enhancements.
Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine.
These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.
Battery costs to fall 50% - beginning to compete with gas.
Chinese data, tight supply light fire under copper price launching copper mining stocks higher – Freeport up 15%.
It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.
Zaldívar produced 102,000 tonnes of copper in 2016.
Shares collapsed on the news to close almost 21% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York.
A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines.
Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA).
Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.
Company will make a decision on the plan in August.
Early reports claimed that Tanzania had asked foreign workers of the gold miner to leave the country, but a spokesperson for the company denied that story.
South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.
As steel production reaches all-time high Chinese miners pump out most iron ore since 2015 while refined copper output jumps 12% to highest in 18 months.
The smelter, one of the largest in the Southern Hemisphere, has been hampered by insufficient power supplies and maintenance work since a major power outage last year shut operations for two weeks.
The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".
Kamloops city council has voted to oppose the proposed Ajax mine — again.
World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%.