- Write by:
-
Saturday, April 4, 2020 - 12:11:34 PM
-
606 Visit
-
Print
Mining News Pro - The world’s number two miner, Rio Tinto, said it has invoked force majeure on contracts at its Kennecott copper operation near Salt Lake City, Utah following an earthquake last month.
According to Mining News Pro - Kennecott copper mine and smelter was shut down following a 5.7 magnitude earthquake close to the town of Magna on March 18. There were no injuries and Rio at the time said it identified limited damage to the operation or risk to the surrounding community.
Rio said in a statement to Reuters, “we are working to restart Kennecott’s smelter after the emergency shutdown in response to the earthquake.”
In December, Rio Tinto announced it is spending $1.5 billion to expand Kennecott and extend the life of the more-than 100-year-old open-pit mine through to 2032.
Kennecott produced 186,800 tonnes of copper last year from the iconic Bingham Canyon mine.
Short Link:
https://www.miningnews.ir/En/News/510003
Barrick Gold Corp.’s chief executive officer says the gold miner will continue to host virtual-only annual general ...
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, ...
A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP ...
Barrick Gold is not interested in bidding for Anglo American, which last week received a $39 billion takeover offer from ...
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, ...
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off ...
Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand ...
Glencore expects profit at its trading division this year to be at the top end of its long-term annual guidance, in an ...
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — ...
No comments have been posted yet ...