Keyword: "copper mine"

Mining News Pro - Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for $263 million.

Mining News Pro - Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by local community members protesting against alleged ongoing pollution of their lands.

Mining News Pro - Excelsior Mining says it has successfully commenced mining operations at its Gunnison in-situ recovery copper project in southern Arizona, USA.

Mining News Pro - Zambia plans to make copper mining companies account for the gold they produce as it seeks to boost revenue from its mineral resources, a senior ministry of mines official said on Thursday.

Mining News Pro - The results from the Bougainville Referendum Commission attracted over 181,000 voters (the island nation’s population was 249,358 at the last count) and on Wednesday an overwhelming 98% voted to gain independence from Papua New Guinea.

Mining News Pro - Afghanistan’s news agency Khaama Press informed this weekend that President Mohammad Ashraf Ghani cancelled the contracts held by the Turkish Afghan Mining Company TAMC and the Afghan Gold and Mineral Company AGMC, which allowed them to exploit the Badakhshan gold mine and the Balkhab copper mine in the northern Sar-e-Pul province.

Mining News Pro - Canadian miner First Quantum Minerals Ltd is looking for strategic partners to develop new copper projects and a joint venture with Rio Tinto in Peru could be on the cards, First Quantum’s chief executive officer said on Wednesday.

Mining News Pro - Chile’s worst civil unrest in decades means the Democratic Republic of Congo is a more attractive proposition for mining investment, according to billionaire Robert Friedland.

Mining News Pro - Chile’s worst civil unrest in decades means the Democratic Republic of Congo is a more attractive proposition for mining investment, according to billionaire Robert Friedland.

Mining News Pro - BHP said its Escondida copper mine, the world’s largest, was operating at a “reduced rate” after union workers walked off the job for part of the day on Tuesday in solidarity with the anti-government protest movement across Chile.

Mining News Pro - Unionized workers at Chile’s Escondida copper mine, the world’s largest, will stage a 24 hours-long strike on Tuesday in solidarity with ongoing massive protests sparked by a now suspended metro fare hike, as locals vent their discontent over the high cost of living and extreme inequality in one of Latin America’s most stable nations.

Mining News Pro - Chilean regulators said on Thursday they had fined the sprawling Quebrada Blanca copper mine, controlled by Canadian miner Teck Resources Ltd , for violating the terms of its environmental permits.

Mining News Pro - Chile’s Codelco, the world’s largest copper producer, has signed a 10-year loan agreement with Export Development Canada, the country’s export credit agency, which will allow the state-owned miner to access $300 million to finance an ambitious overhaul of its aging mines.

Mining News Pro - Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country’s top mines and blocked supplies from reaching their operations for nearly three weeks, the manager of port operator Tisur said on Thursday.

Mining News Pro - Glencore Plc is planning to halt production at one of the world’s biggest cobalt mines after prices for the battery metal collapsed and costs at the project increased, according to a person familiar with the situation.

Mining News Pro - Australian private equity firm EMR Capital is considering selling its four copper mining assets through an initial public offering some time after 2019, looking to tap investor appetite for a copper miner as demand for the red metal is set to grow.

Mining News Pro - Australia’s South32 (ASX, LON, JSE:S32) is reportedly interested in adding Chile’s Caserones copper mine to its portfolio, amid a looming supply crunch of the industrial metal, a key component in the batteries that power electric cars.

Mining News Pro - Diversified mining services company Ausdrill Ltd has announced its subsidiary, leading hard-rock underground miner Barminco, has been awarded a five year underground mining services contract at the Zone 5 Mine in Botswana from Khoemacau Copper Mining (Pty) Ltd (Khoemacau) worth approximately A$800 million. The mining project is 100% held by Cupric Canyon Capital.

Mining News Pro - Labor unions at Chile’s Chuquicamata copper mine voted on Saturday to reject the latest contract offer of government-controlled mining company Codelco, and to continue the week-long strike at the sprawling production site.

Mining News Pro - Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco’s takeover and abandonment of the site in 1999.

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