Keyword: "copper production"

Mining News Pro - Jubilee Metals delivered both a record production and financial performance in the third quarter, ended March 31, with the company having achieved its highest quarterly platinum group metals (PGMs) production, to date, of 15 044 oz.

Mining News Pro - Chile’s state-owned copper miner Codelco saw a 4.4% drop in year-on-year production in July as the coronavirus hit its peak in the nation and forced the company to scale back staffing, slow projects and switch off a smelter.

Mining News Pro - Chile`s State-owned Codelco, the world`s largest copper producer, will press ahead with plans to roll out automation of its mining operations as it seeks to maintain production levels into the future amid declining ore grades and the disruption of the coronavirus pandemic, its chief executive said on Friday.

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 - Skeleton crews are running Chile’s massive copper mines at full tilt, skimping on maintenance and earthworks. It’s a short-term fix that carries risks for future output.

Mining News Pro - Peruvian copper mine Antamina, owned by BHP and Glencore, reported on Monday 210 positive cases of coronavirus and said the date to restart operations is still uncertain.

Mining News Pro - Chilean miner Antofagasta said on Wednesday it expected coronavirus-related restrictions to slightly affect copper production for 2020, as about two-thirds of its workforce are still on-site at its all its operations.

Mining News Pro - Chile state copper miner Codelco, the world´s largest, said on Wednesday its production continued in line with its plans despite the measures it has implemented to stave off the spread of coronavirus at its operations.

Mining News Pro - Global copper production in 2020 is impacted by the covid-19 outbreak, with data analytics firm GlobalData now forecasting output growth of 1.9% this year compared to the original forecast growth rate of 3.4%.

Mining News Pro - Producers across South America, where the bulk of the world’s copper is produced, have halted or cut back operations and slowed construction projects due to restrictions caused by coronavirus.

Mining News Pro - Rio Tinto plans to ramp up development of its Winu copper-gold project in Western Australia, with first production expected in 2023.

Mining News Pro - Codelco and BHP’s sprawling Escondida mine saw copper output rise in December, Chilean state copper agency Cochilco said on Friday.

Mining News Pro - Canadian copper producer First Quantum on Thursday reported its highest ever annual production. The company also said that it could increase its output by up to 25% this year.

Mining News Pro - Chilean mining activity fell 7.1% in November, government data showed on Tuesday, plagued in part by operational issues at major mines during a tumultuous month of protests, road and port blockades and worker strikes in the South American nation.

Mining News Pro - Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.

Mining News Pro - Shares of Taseko Mines Ltd. (TSX:TKO) jumped over 8% and hit a five-week high on Monday afternoon, bringing the company`s market capitalization to nearly C$220 million.

Mining News Pro - Commodities giant Glencore has reported production figures for 2018 and confirmed 2019 guidance that implies a 14%-year-over-year increase in copper equivalent production.

Mining News Pro - Anglo American’s fourth-quarter results enabled the global miner to end 2018 on a high with overall output rising 7%.

Mining News Pro - Chilean copper mining group Antofagasta ended 2018 on a strong note, achieving record production for the final quarter of 220 000 t and touching the top end of the full-year guidance at 725 300 t.

Mining News Pro - Chile is set to deliver steady production growth of 4% next year, as the risk of labour strikes decreases and mines are upgraded, Fitch Solutions Macro Research says in a report, also warning that declining grades pose a downside risk to its long-term forecast