Iron oxide copper gold ore deposits are important and highly valuable concentrations of copper, gold and uranium. With an tendancy for being tremendous in size, relatively simple metallurgy and relatively high grade IOCG deposits can produce extremely profitable mines.
BHP Billiton Limited workers at copper mines in Chile and Peru are pressing for a share of record profits earned in 2008 as talks commenced on new labor contracts. For full story, click here
BHP Billiton Ltd. workers are threatening to strike at the world’s leading copper mine if the company doesn’t meet demands for a share of record profits. Pedro Marin, president of Chile’s Mining Federation, stated: We don’t see any alternative. For full story, click here
Reuters declared that the world’s biggest copper mine in Chile is shutting a key milling operation for 45 days for repairs after equipment problems contributed to a 38% decline in mine production of 2008 for 57.5% owner BHP Billiton. For full story, click here
Japanese copper smelters Pan Pacific Copper, Sumitomo Metal Mining and Mitsubishi Materials and copper miner BHP Billiton have reached agreement on mid year copper treatment and refining charges for the current year. For full story, click here
The world’s biggest copper mine in Chile is shutting a key milling operation for 45 days for repairs after equipment problems contributed to a 38 percent dip in mine production last year for 57.5 percent owner BHP Billiton. For full story, click here
BHP Billiton Ltd, the world’s leading mining company, slipped 2.5 percent to A$33.43. Equinox Minerals Ltd., owner of the Lumwana copper mine in Zambia, dipped 2.5 percent to A$2.69. For full story, click here
BHP Billiton, the world’s biggest mining company, may win a reduction in copper processing fees from Japanese smelters in mid-year supply contracts. For full story, click here
BHP Billiton Ltd, the world’s leading mining company, may win a reduction in copper processing fees from Japanese smelters in mid-year supply contracts. For full story, click here
BHP Billiton Limited has forced majeure in place at its Escondida copper mine in Chile, the world’s leading producer of the metal may end in the September quarter, almost a year after saying it may miss deliveries. For full story, click here
Thursday, March 3, 2011