November 10, 2012
Global copper production under stress
Copper mining has become an especially capital intensive industry - the average capital intensity for a new copper mine in 2000 was between US$4,000 - 5,000 to build the capacity…
November 10, 2012
Copper mining has become an especially capital intensive industry - the average capital intensity for a new copper mine in 2000 was between US$4,000 - 5,000 to build the capacity…
November 10, 2012
Codelco estimates that copper production at the Gaby mine in Chile will reach 139,000 tons in 2012 and 150,000 tons in 2013.
November 10, 2012
Mining company Yanacocha has been fined PEN 466,287 (USD 179,000) for violating environmental laws at its gold and copper mining project Conga, located in Cajamarca, Peru.
November 10, 2012
Mining unions in Chile have asked the government to carry out the necessary investments to guarantee production at the Ventanas copper mine.
November 9, 2012
Shares of nickel producer Talvivaara (LON:TALV) dropped down over 10% on Friday over reports the firm had failed to solve a waste water leak at a nickel and zinc mine…
November 9, 2012
Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before…
November 9, 2012
Inside sources claim platinum miner Lonmin (LON:LMI) will price an upcoming share offer at a 45% discount to the theoretical ex-rights price (TERP) on Friday, in the hope of raising…
November 9, 2012
A new report by Johannesburg-based South Africa Resource Watch (SARW) claims that China is exploiting cheap labor in the sub-Saharan nation and subjecting employees in the mining industry to harsh…
November 8, 2012
The board of directors of Norilsk Nickel has approved the cancellation of 9.96% of its shares held by the subsidiary NN Investment, top officials of Interros and UC RUSAL told…
November 8, 2012
Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from…
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