Chilean copper miner Antofagasta Plc is purchasing a 40 percent stake in a thermo-electric power plant which will supply electricity to its Esperanza copper-gold mine project. For full story, click here
Impacts are being felt on the supply of copper anode from Mount Isa to the Townsville copper refinery. For full story, click here
Base Metals like other commodities were also on a rollercoaster ride in the last year. Strong growth shown by China, major consumer of base metals, led to sharp rise in copper till the mid of t he year 2008. For full story, click here
According to data from the International Copper Study Group (ICSG), global consumption of refined copper exceeded supply by 54 000 t between January and July tin 2008. For full news, click here
As per a senior industry official, copper mines in Zambia are receiving steady supply of fuel, despite the shortage in the country due to increased demand and inadequate supplies from the country’s sole refinery. Fredrick Bantubonse, the director of the Chamber of Mines, said: Copper mines are receiving steady fuel supplies from contracted oil marketing [...]
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