MINING.COM

Chile’s Codelco to invest $400 million in molybdenum plant

Chile-owned copper giant Codelco plans to invest $400 million in a molybdenum processing plant and to maximize its market value amid a legal dispute with global miner Anglo American.

Cecilia Jamasmie | July 3, 2012 | 4:52 pm

World’s No. 3 copper mine Collahuasi to reduce costs with solar power

Chile’s Doña Inés de Collahuasi mining company announced Solarpack has won the contract to build a 25 MW solar energy park, which will supply nearly 13% of the mine's power needs during the day.

Cecilia Jamasmie | July 3, 2012 | 2:20 pm

Unmasking the Asian giant

Chinese operas have been keeping audiences enthralled for hundreds of years with mythical characters, enchanting stories and elaborate masks that add drama and mystery. While this fantastical treatment is appreciated in the theatre, it isn’t in g...

Frank Holmes - U.S. Global Investors | July 2, 2012 | 6:30 pm

Copper market expects squeeze, big holding appears

Traders are bracing for a replay of the April squeeze that made copper expensive to obtain quickly, saying major trader Glencore controls almost half the inventories of the commodity held in London Metal Exchange-registered warehouses worldwide.

sharenet | July 2, 2012 | 4:33 pm

Stillwater Mining Company announces submission of environmental impact statement for Marathon Platinum Group Metals-copper project

The Marathon Project, located near Lake Superior in Ontario, has anticipated annual production of about 200,000 ounces of palladium and platinum and 37 million pounds of copper.

Marketwire - Mining and Metals | July 2, 2012 | 8:15 am