MINING.COM

Vale kicks off copper production at Zambia mine

Brazil's Vale (NYSE:VALE) announced it has started producing copper concentrate at its Lubambe mine in Zambia.

Cecilia Jamasmie | October 12, 2012 | 1:16 pm

Discovery Metals rejects $830 million bid from Shanghai PE firm

Africa-focused copper miner Discovery Metals (ASX:DML) has rejected a bid from Shanghai's Cathay Fortune on the grounds that the proposed AUD$830 million consideration is insufficient.

Marc Howe | October 12, 2012 | 3:08 am

World’s biggest copper mine to make inroads underground

The Chuquicamata mine in Chile - the world's largest open cut copper mine, will commence underground operations after nearly a century of open-cut production.

Marc Howe | October 12, 2012 | 1:00 am

Lumina Copper not ready for a takeover this year

Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.

Cecilia Jamasmie | October 10, 2012 | 3:04 pm

Stronger yuan will cheapen commodities for China: Leeb

Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.

Marc Howe | October 10, 2012 | 2:22 am

Chinese copper consumption to drop for the first time in four years

China's copper consumption levels are set to fall for the first time since 2008 on the country's easing growth and the resulting tepid demand for commodities.

Marc Howe | October 10, 2012 | 12:15 am

Rio to cut jobs on concerns over China slowdown

Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.

Marc Howe | October 9, 2012 | 11:37 pm

Oyu Tolgoi: All that’s left is for China to flip the switch

First ore from the massive copper-gold-silver mine is expected to be processed within six weeks of China and Mongolia signing the final power agreement.

Frik Els | October 9, 2012 | 5:23 pm

Anglo Asian gold production on the rise

Anglo Asian Mining disclosed Tuesday a surge in gold production at its flagship gold, copper and silver mine, in Azerbaijan, in the third quarter.

Cecilia Jamasmie | October 9, 2012 | 5:13 pm

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Regulus secures C$11.5m financing, shares up 5%

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Asian countries face policy uncertainty, resource nationalism – report

Taseko and British Columbia First Nation strike truce in epic battle

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