Chile exported $3.076 billion worth of copper in April, down 11% from $3.468 billion in the year-ago month, central bank data showed Wednesday. Chile is the world's largest producer of copper and is forecast to produce a record 6 million ...
Tags: Copper, copper producer
The world refined copper market balance for November 2013 showed an apparent production deficit of 129,000 mt, mainly due to record-high Chinese apparent demand, according to preliminary data issued last Friday by the International Copper ...
Tags: Refined Copper, Mineral
Rio Tinto (RIO.AX)(RIO.L) is set to submit a mine plan to U.S. authorities this week for its $6 billion Resolution project in Arizona, which could become the largest copper producer in North America, a spokesman said on Thursday. ...
Tags: Rio Tinto
Seabridge Gold today announced the final results from an extraordinary exploration drilling season on the recently-discovered Deep Kerr core zone at its 100%-owned KSM Project in north western British Columbia, Canada. A core zone discovery ...
Tags: Seabridge Gold, Deep Kerr, exploration
China's refined copper imports are expected to continue rising in the coming months as international sellers increasingly turn to China amid an overhang in global supply, a Chinese industry source said last Friday. "Global copper supply ...
Tags: Copper, Metallurgy, Mineral
Korean steel giant Posco is visiting Chile and Argentina in a bid to find salt lake to produce lithium at low cost. President and CTO of Posco, Ohjoon Kwon said that the company is flying to Argentina and Chile to talk about the energy ...
Tags: POSCO, steel giant, steel
Eurasian Natural Resources Corporation PLC announced the completion of the private acquisition by its wholly owned subsidiary, ENRC Congo BV, of the remaining 49.5% of the share capital of Camrose Resources Limited as well as the ...
Tags: ENRC, private acquisition, company news, Metallurgy
Reuters reported that workers at the main units of Southern Copper in Peru will hold contract talks soon with the global copper producer but say they could strike after January 15 if negotiations break down. Union leader Ricardo ...
Tags: Peru, Southern, Copper Union
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Mr Christos Doulis analyst of Stonecap Securities mining has kept his sector perform rating and USD 1.50 target on Orvana Minerals after the company reported Q4 results on December 21st Friday. Mr Doulis said that Orvana has reported ...
Tags: Orvana Minerals, mining, Minerals, multi mine gold, copper
Orvana's primary asset is the El Valle-Boinas/Carles gold-copper mine in northern Spain.It also owns and operates the Don Mario Mine in Bolivia,processing its copper-gold-silver Upper Mineralized Zone deposit,and is advancing its Copperwood ...
Tags: Orvana, gold-copper, mine, asset
Reuters reported that Europe’s No 2 copper producer KGHM has applied for an exploration license in Kazakhstan to help it reach its long flagged target of 700,000 tonnes of annual copper output by 2018. Mr Herbert Wirth CEO of KGHM ...
Tags: KGHM, Kazakhstan, copper output, Mineral
A consortium of Chinese and South African entities has agreed to purchase the 74.5% interest in South African copper producer Palabora Mining currently held by major miners Rio Tinto and Anglo American. The transaction in which Rio Tinto ...
Tags: copper stake, copper, copper producer, refined copper
Reuters reported that Chilean manufacturing production surged in October beating expectations and posting its biggest annual gain in 2012 on the back of extra working days and a pick up in already buoyant domestic demand. The government ...
Tags: manufacturing production, domestic demand, world No.1 copper producer
ABB, the leading power and automation technology group, received first orders worth USD 51 million under a partnership agreement signed with Kazakhstan’s largest copper producer Kazakhmys PLC to provide comprehensive electrification ...
Tags: ABB, power, automation, copper, copper industry