BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
ABB has been awarded a contract valued at over $19 million by Copper Mountain Mining Corp, to deliver energy efficient drive systems for the Copper Mountain project in Canada. Located in southern British Columbia, the Copper Mountain mine had produced 1,700 Mlb of copper before it closed in 1996. Copper Mountain is building a new mill and re-opening the mine, with production expected to begin in 2011. Annual output is estimated at 105 Mlb of copper in the first five years. (more…)
