Keyword: "copper"

Mining News Pro - Chile`s Cochilco state copper commission on Thursday held its estimate for the price of copper at $3.05 per pound, rising to $3.08 for 2020 on improving prospects for growth in China.

Mining News Pro - Taseko Mines of Vancouver has produced the first copper from production test facility at its Florence mine midway between Phoenix and Tucson.

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 - Rio Tinto has committed a further $302 million in advancing its Resolution copper project in Arizona, United States, taking the project’s total investment to over $2 billion.

Mining News Pro - For a few hours on Sunday, some 40 people from the farming community of Tacrara, located in the Cusco department in southern Peru, blockaded a road used by Canadian miner Hudbay Minerals (TSX, NYSE: HBM) to transport copper from its Constancia project to the Port of Matarani.

Mining News Pro - Following a blockade that lasted for over two months, Peru’s national highway CU-135, known as Corredor Minero del Sur, was reopened this weekend and trucks carrying copper concentrate from Las Bambas mine started running through it again.

Mining News Pro - Polish lawmakers approved a 15% cut to the country’s copper tax on Friday, which would give state-run KGHM (WSE:KGH) a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past few years.

Mining News Pro - Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity.

Mining News Pro - Indian state copper miner Hindustan Copper is in the initial stages of an $800 million expansion program, Resources Monitor reported Tuesday.

Mining News Pro - Chilean miner Collahuasi this year expects to match its 2018 production of copper, an all-time high for the company, its top executive said on Tuesday.

Mining News Pro - Following a mediation session led by representatives of Peru’s national government, Indigenous leaders and executives from Minera Las Bambas, a subsidiary of China’s MMG, reached an agreement that puts an end to a 2-month long conflict at Las Bambas copper mine.

Mining News Pro - Since closing the acquisition of its high grade copper-zinc project in northern British Columbia in December 2017, Kutcho Copper has completed a full field season of data collection and drilling, and published a resource update.

Mining News Pro - Evolution Mining has entered into a joint venture (JV) agreement with Enterprise Metals over the latter’s large, early-stage Murchison exploration project in central Western Australia.

Mining News Pro - Chile’s state miner Codelco, the world’s No.1 copper producer, plans to boost production at its El Teniente mine to more than 500,000 tonnes per year by 2025, a first in the operation’s history.

Mining News Pro - Canada-headquartered Ivanhoe Mines is considering an expanded copper mining development in the Democratic Republic of Congo (DRC), which will rank the Kamoa-Kakula mine as the world’s second largest after the giant Escondida mine of BHP and Rio Tinto in Chile.

Mining News Pro - Peru’s Minister of Energy and Mines, Francisco Ísmodes, and the Vice-Minister of Territorial Governance, Raúl Molina, held a meeting this weekend with the Cusco Regional Governor, Jean Paul Benavente, where they addressed the situation regarding a blockade affecting Las Bambas copper mine.

Mining News Pro - Canadian miner Hudbay Minerals scored a big win this week after the U.S. Forest Service approved the company’s mine plan of operations (MPO) for its $1.9 billion Rosemont copper project in Arizona.

Mining News Pro - Chilean miner Antofagasta Plc. expects the anticipated global copper deficit to hit between 100,000 and 300,000 tonnes this year as consumption growth remains positive, but production increases are minimal.

Mining News Pro - Chile’s Codelco, the world’s No. 1 copper producer, is set to ink a long-awaited deal with Ecuador-controlled miner Enami EP to develop a jointly-owned copper project in the Andean country.

Mining News Pro - Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.

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