Aluminum and Copper

Mining News Pro - Democratic Republic of Congo mines minister Willy Kitobo Samsoni plans to meet with mining companies to agree a moratorium on confining workers to mine sites due to the coronavirus.

Mining News Pro - Chile`s State-run Codelco said on Saturday it would temporarily halt construction on a new level at its flagship El Teniente mine, a move it said was necessary to combat the fast-spreading coronavirus pandemic.

Mining News Pro - A small tailings dam associated with a mine run by Ecuadorean firm Austro Gold has collapsed, Ecuador`s government said on Friday, sending mining waste into a nearby river.

Mining News Pro - Vertical and horizontal displacement is continuing at the Nchanga Open Pit Cut 2 in Chingola in Zambia, where geo-technical assessments point to an imminent collapse of a portion of the openpit – but the anticipated slough had not happened by late Sunday when Mining Weekly spoke by phone to Konkola Copper Mines CEO Chris Sheppard.

Mining News Pro - Zambia’s Konkola Copper Mines (KCM), a unit of diversified miner Vedanta Resources, has closed part of its open-pit mine as a portion of the pit is about to collapse, the chief executive officer said late on Thursday.

Mining News Pro - Chile’s vaunted copper industry is nearing a tipping point as coronavirus explodes across the South American nation, mine workers and analysts say, laying bare the hidden costs of policies that have until now salvaged its output of the red metal.

Mining News Pro - Chile’s state-run Codelco said on Friday unions at its Chuquicamata mine division had voted to implement a seven-day on, seven-day off shift schedule at the sprawling copper deposit in a bid to reduce worker exposure to the exploding coronavirus outbreak in the country’s mine-rich desert north.

Mining News Pro - Camino Corp. announced that it has completed the exercise of its option agreement with Minas Andinas SA on the Los Chapitos property, located along the Peruvian coast.

Mining News Pro - Rio Tinto has recommended a new underground mine design for the Oyu Tolgoi copper-gold operation in Mongolia, bumping up its development capital by $1.3–$1.8 billion.

Mining News Pro - Metals X is looking for buyers for its entire Western Australian copper portfolio, including the Nifty, Maroochydore and Paterson exploration projects.

Mining News Pro - Global miner BHP said on Wednesday it would begin to ramp down activity at its small Cerro Colorado copper mine in Chile amid the coronavirus pandemic which has thrown metals markets into disarray.

Mining News Pro - SolGold is trying to buy Canada’s Cornerstone Capital Resources, which owns a minority stake in the Alpala copper-gold project, part of the Ecuador-focused miner’s Cascabel asset.

Mining News Pro - China is dragging its feet in releasing new codes governing high-grade copper and aluminum scrap imports, leaving scrap metal firms abroad confused and without a clear way into their key market.

Mining News Pro - The world’s second-largest miner, Rio Tinto, has reached an agreement with Mongolia regarding the construction of a power plant to supply the giant Oyu Tolgoi copper and gold mine, located in the Gobi Desert.

Mining News Pro - Copper is poised for its best quarter since 2010, helped by optimism over a stronger-than-expected demand rebound in top consumer China and mounting supply concerns in South America.

Mining News Pro - The International Copper Association Australia (ICAA) commissioned the University of Sydney’s Warren Centre for Advanced Engineering to develop a strategic roadmap to achieve a ‘zero-emission copper mine of the future.’

Mining News Pro - Private equity group Tembo Capital Mining Fund II LP on Monday confirmed its increased continued support of Orion Minerals through a loan facility boost.

Mining News Pro - Unions called for a two-week shutdown in a Chilean mine, while Peru’s copper-mining industry was near full output, leading to concerns about supply.

Mining News Pro - Chile’s mines minister Baldo Prokurica on Friday cited figures projecting a decline in the country’s copper output of 200,000 tonnes as a result of the growing impact of the new coronavirus on the industry.

Mining News Pro - Chile’s Codelco, the world’s No. 1 copper producer, has closed its Chuquicamata smelter and refinery to prevent a further spread of covid-19 among its staff, following the death of a third worker this week.

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