Rains hit Xstrata's Australia copper mines
Xstrata Ltd said on Wedenesday mining and transport operations were being disrupted by heavy rains in Australia’s Queensland state. For full story, click here
Articles Tagged "australia"
Aussie miner withdraws from North Cotabato site
An Australian mining company has backed out of a copper deposit project in North Cotabato due to armed conflict in the area, adding to the list of foreigners who have reconsidered their investment plans. For full story, click here
Birla Minerals halts Aussie project
Aditya Birla Minerals has suspended work on the Ezperanza South Project at its Mount Gordon operations in Australia. For full story, click here
LME Copper Eases and Shanghai Copper Down
LME copper rose after Australia chose to cut interest rates by 1 percentage point – the biggest cut in 16 years. The rise in copper is seen as short-term given concerns about global financial crisis. Shanghai Futures Exchange (SHFE) copper is the weakest it has been in two and a half years. London Metal Exchange copper [...]
Aditya Birla group to hike copper output in Australia
India based Aditya Birla group plans to hike production at its copper concentrate mines at Nifty and Mount Gordon in Australia. Debu Bhattacharya, MD of Hindalco Industries — the parent company for the Birlas’ copper mine company in Australia — said: There are plans to double production at the Mount Gordon mine in Queensland to [...]
