The fresh gains are partly down to strength in Chinese steel prices following further production cuts in the Northern China city of Tangshan, analysts say.
Canada’s Ivanhoe Mines and joint-venture partner Zijin Mining have transferred a further 15% interest in their Kamoa-Kakula copper project to the DRC’s government.
Company has finished selling its stakes in the White Mountain and Tanjianshan mines, as well as in the Eastern Dragon development project to an affiliate of China’s Yintai Resources.
The primary goal is to pick a diluent that would yield you the highest concentrations of copper from your process, because that’s the actual final outcome that the mine is going for.
When you start to think that one injector can over-lubricate by $50,000 a year and when you’ve got—on some machines—200 injectors, some of those savings can be huge.