Reuters declared that Minera Escondida will be closing part of its mining operations for repairs. It will be repairing the Laguna Seca semi autonomous grinding mill for 45 days. During the Q1 of this year, output fell by about one third compared to 2008. For full story, click here
The new owners of a copper mine in north-west Queensland say mining operations will not recommence for several months, but in the meantime it is business as usual. For full story, click here
Copper producer, Imperial Metals Corporation declared that the Huckleberry Mine would be extended into th Saddle Zone resource which will provide mill feed for the milling operations to the end of 2011. For full story, click here
Copper producer, Imperial Metals Corporation declared that the Huckleberry Mine would be extended into the Saddle Zone resource which will provide mill feed for the milling operations to the end of 2011. For full story, click here
Capstone Mining Corporation announced that effective July 15, 2009, Kevin Weston, Vice President Operations will be leaving Capstone. In the transition period, Mr. Weston will continue to focus on optimizing the operations at the high grade Minto copper-gold mine in the Yukon and, after July 15, be available to provide continued input into Capstone’s Canadian [...]
Jiangxi Copper Co, the top integrated copper producer in China declared that it will resume full output in June after it finishes repair work on an oxygen generator at its main Guixi smelter. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse. The bad news capped a week where optimism pushed copper futures up. In fact, copper increased, and safe haven gold pared losses. On [...]
African Copper said it will suspend production at its Mowana copper mine in Botswana for at least three weeks while it holds talks to raise up to $15 million for its working capital needs. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Data released Thursday showing a further deterioration in the manufacturing sector snapped copper’s positive trend. Copper for March delivery shed 3.10 cents to close at $1.50 a lb on the New York Mercantile Exchange’s COMEX division. COMEX copper had gained nearly 7 per cent during the [...]
Xstrata Plc said it will continue the shutdown of its Falcondo ferronickel operations in the Dominican Republic. For full story, click here
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