Hudbay said to prepare sale of Arizona copper mine stake

Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one.

The company isn’t under pressure to follow rivals like BHP in seeking acquisitions, and will instead focus on innovation to grow production and lower costs, CEO Kathleen Quirk said.

Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator.

One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth.

Anglo's Azerbaijan-based subsidiary will receive $3 million immediately and a further $2 million upon resumption of flotation processing.

The world's biggest nickel producer is experiencing a rapid depletion of ore after a surge in downstream investment.

A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.

In late May, Rio signed a deal to buy Sumitomo Chemical's 2.46% interest in the venture.

El Teniente’s first-half production is tracking lower than the same period last year as it repairs areas of the underground operation affected by the collapse last June.