Codelco’s Keller Hopes to Settle Chuquicamata Labor Contact by Year End
Reuters reported that the labor contract at Chile-based Codelco's Chuquicamata mine will expire at the end of February 2013, but CEO Thomas Keller is hopeful that a new deal will be reached by the end...
View ArticleAntofagasta Seeks Environmental Approval for Chile-based Project
Reuters reported that Antofagasta plc (LSE:ANTO) has submitted its Chile-based Oxidos Encuentro copper project for environmental approval. The project is worth $600 million and the company hopes for...
View ArticleSagittarius Delays Tampakan Copper-Gold Project
Sagittarius Mines Inc., which operates the Philippines-based Tampakan copper-gold mine on behalf of Xstrata plc (LSE:XTA) and two other shareholders, announced that it is delaying the start of...
View ArticleAntamina Aims for 2013 Production of 450,000 Tonnes of Copper
Reuters reported that Peru's Antamina expects to produce about 450,000 tonnes of copper in 2013, the same amount as it put out in 2012. Continue reading...
View ArticleGlobal Growth Worries Bring Copper Close to Three-week Low
Reuters reported that a poor demand outlook for industrial metals — caused by indications of weak global growth — brought copper to almost a three-week low.Continue reading...
View ArticlePershimco Provides New Assay Results from Idaida Target
Pershimco Resources Inc. (TSXV:PRO) reported that the most recent two drill holes completed at its Idaida target intercepted "notable" copper and gold mineralization. Additionally, they broadened the...
View ArticleBlackRock May List Copper ETF Before JPMorgan
Reuters reported that the US Securities and Exchange Commission has approved a rule change that will allow BlackRock Inc. (NYSE:BLK) to list a copper-backed exchange-traded fund on NYSE Arca. This step...
View ArticleNautilus Hopes to Win Over PNG Government with Redrawn Deeds
Mineweb reported that "sensitive negotiations" between Nautilus Minerals (TSX:NUS,LSE:NUS) and its partners on the Solwara 1 underwater copper-gold mining project have wrapped up, with the result being...
View ArticleOyu Tolgoi Hits Roadblock on Environmental, Social Concerns
MINING.com reported that the United States' refusal to vote on World Bank funding aimed at expanding Rio Tinto's (ASX:RIO,LSE:RIO,NYSE:RIO) Oyu Tolgoi copper-gold mine has thrown a wrench in the...
View ArticleKombat Encounters High-grade Copper, Lead, Zinc and Silver Intercepts
Kombat Copper Inc. (TSXV:KBT) announced that it has received the full set of results from the diamond drill core program at its Gross Otavi license, noting that the results confirm the presence of...
View ArticleCopper Futures Rise to $3.36 as Grasberg Death Toll Hits 17
Bloomberg reported that copper futures are headed for their longest rally since January on the back of the work stoppage at Freeport-McMoRan Copper & Gold Inc.'s (NYSE:FCX) Grasberg mine in...
View ArticleBenton Acquires 746 Claim Units Contiguous to Altius Property
Benton Resources Inc. (TSXV:BEX) announced that through staking it has acquired 746 claim units that together cover about 194 square kilometers within the Mealy Lake intrusion. The new...
View ArticleWest Cirque Drills 100 Meters of 0.35-percent Copper Equivalent at Castle
West Cirque Resources Ltd. (TSXV:WCQ) announced that its has finished its 2013 field program at the Castle copper-gold-silver porphyry project, located in Northwest BC.Continue reading...
View ArticleMirasol, First Quantum to Explore and Develop Rubi Property
Mirasol Resources Ltd. (TSXV:MRZ) announced that it has signed a binding Letter Agreement with First Quantum Minerals Ltd. (TSX:FM,LSE:FQM). Together, the companies will explore and develop Mirasol's...
View ArticleColumbus Copper Releases Results from 2013 Drill Program at Karapinar
Columbus Copper Corp. (TSXV:CCU) provided the results of the 2013 drilling program at its Karapinar copper-moly project, located in Turkey, noting that drill hole KDH028 inlcudes 31.2 meters of...
View ArticleBill Seeks to Hasten US Mining Review Process
The Canadian Press reported that on Wednesday, Republicans in the US House pushed through a bill aimed at speeding up the governmental review process for gold, silver, copper and uranium mining on...
View ArticleSouthern Copper to Refocus on Two Peruvian Projects
Mineweb reported that next year, Southern Copper Corp. (NYSE:SCCO) plans to start work at two delayed copper projects in Peru, with production perhaps starting up as early as 2016. Continue reading...
View ArticleCongress Looking to Speed Up Approval of Minnesota Mines
Northland's NewsCenter reported that US Congress is currently debating the Strategic Minerals Act, which could reduce the time it takes to approve proposed copper-nickel mines in Minnesota.Continue...
View ArticleBenchmark LME Copper Sinks to $7,280 per Tonne
Reuters reported that after rising to its highest price in almost a month earlier today, benchmark copper on the London Metal Exchange (LME) edged lower, trading at $7,280 per tonne. Continue reading...
View ArticleMcEwen’s Los Azules Could Become World’s Largest, Lowest-cost Copper Mine
McEwen Mining Inc. (TSX:MUX,NYSE:MUX) announced the results of an updated preliminary economic assessment (PEA) for its Argentina-based Los Azules copper project, commenting that the results show that...
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