Mining firms seek ‘stability’ for sector in new Chilean constitution

The company says the data acquired in 2017 and 2018 demonstrates the presence of a 50-metre thick zinc-bearing unit with several high grade lenses.

Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.

Inventories are down 55% this year and are on course to reach levels last seen in 1990.

The idea is to speed up the exploration lifecycle and allow miners to analyse information at a much faster rate than before.

The underground CSA mine, located in the state of New South Wales, produced 48,000 tonnes of copper concentrate last year.

The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.

According to Citigroup analysts, copper production will trail consumption by 116,000 metric tons this year, a second straight deficit.

The 982-million-tonne Llurimagua copper project is located in the Imbabura Province, about 80 km northeast of Ecuador's capital of Quito.

The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.