Mining Industry

Mining News Pro - Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.

Mining News Pro - Recently, the copper industry became more important for mining companies.

Mining News Pro - Poland’s Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying the Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2 billion) managing the operation and the ore processing plant over the last three years.

Mining News Pro - Black Iron announced this week that Ukraine`s Ministry of Defence has developed a plan to transfer to another area the parcel of land originally sought by the company as the location of a processing plant, tailings and waste rock for its Shymanivske iron ore project.

Mining News Pro - Turquoise Hill Resources reported 2018 income of $394.3 million—a 255.4% jump over 2017’s $110.9 million—driven by an increase in gold production and sales from its Oyu Tologi copper-gold mine in Mongolia.

Mining News Pro - Southern Copper Corp, one of the world`s biggest copper producers, is considering an investment in a lithium project in Mexico that has also attracted interest from a Chinese firm, the company`s chief executive told Reuters on Wednesday.

Mining News Pro - Miner Anglo American on Thursday completed the installation of a floating island of solar panels in a tailings pond associated with its flagship Los Bronces copper mine outside the Chilean capital of Santiago, a bid to boost efficiency at the deposit.

Mining News Pro - Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight battery metal.

Mining News Pro - Blackstone Minerals said today that assay results from its BC cobalt project in British Columbia, western Canada, allow to compare it with some of the top cobalt deposits in the world.

Mining News Pro - The London Metal Exchange (LME) is launching seven new cash-settled futures contracts on Monday, including hot-rolled coil (HRC) steel, alumina and cobalt, aiming to attract more business after profits fell last year.

Mining News Pro - First Cobalt Corp. of Toronto has drilled its deepest hole to date at the Iron Creek cobalt project between Challis and Salmon. The hole reached a depth of 611 metres and confirmed that mineralization in the No Name zone extends a further 150 metre down dip.

Mining News Pro - Mineral production was down 1.26% in January.

Mining News Pro - CEO of Iran Alumina Company announced the beginning of melted aluminum production in Jajarm, North Khorasan, Iran.

Mining News Pro - President Donald Trump took a victory lap on Twitter Friday, saying aluminum prices are down about 12% since his tariffs were implemented.

Mining News Pro - Murchison Minerals announced this week that it is now the sole owner of the Haut Plateau du Manicouagan nickel-copper-cobalt project in Québec, following its acquisition of Pure Nickel`s 50% interest in the project.

Mining News Pro - After completing its phase two and three drill programs at its flagship Cauchari lithium project in Jujuy, Argentina, Advantage Lithium has more than doubled the project’s resource. Based on its new measured and indicated resources, the company says Cauchari is now Argentina’s second largest development project.

Mining News Pro - With the global race to secure lithium heating up in 2016, Chile`s president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world`s lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet.

Mining News Pro - A coalition of billionaires led by Bill Gates has thrown its financial weight behind a startup hoping to build a "Google Maps for the earth’s crust" to hunt for new sources of cobalt.

Mining News Pro - Canada’s Explorex Resources announced that it wants to buy New Tech Minerals’ (CNSX: NTM) Buena Vista Hills cobalt – iron oxide – copper-gold project, located in Pershing County, Nevada.

Mining News Pro - Chile’s Codelco, the world’s No. 1 copper producer, is expected to generate $13.9 billion in revenue in 2019 while operating costs would be of $9.9 billion. This is according to the budget approved by the Finance Ministry’s Budget Directorate.

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