China's war on foreign waste sees shipping lines refusing to transport scrap, fearing a liability for return shipment if cargoes are rejected by customs.
The carbonate replacement deposit was intermittently mined for high-grade silver, gold, lead, zinc and copper sulphides until 1985, when the mine closed leaving faces in massive sulphide.
Newcrest’s ongoing drilling campaign at the Havieron deposit identified a new breccia zone open at depth and which continues to expand with further drilling.
Freeport's iconic open cut mine in Indonesia is going underground – nearly doubling copper and gold production and earning $8 billion per year in the process.
Country is planning to raise surveillance of copper and aluminum imports while developing policies to curb shipments from China and other Asian nations to protect domestic producers, said two government sources and an industry official.