Copper market’s biggest whale fuels speculation of a major shift
The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
The initial Future Underground Materials Handling Study for Lundin Mining’s Neves-Corvo mining complex in southern Portugal identified and evaluated the underground materials handling and access options necessary to pursue the exploitation of the deeper Lombador copper/zinc resources as well as the Semblana copper deposit which are adjacent to the Neves-Corvo mine. The mine was examined in detail in IM January as part of the current Great Mines series on Lundin (Tenke Fungurume in March). (more…)