Markets single - MINING.COM
52 weeks USD/lb
Low 1.04 | High 1.47
Last Close: Nov 21, 2024

1 Week

Nov 21, 2024

1 Month

Nov 21, 2024

3 Months

Nov 21, 2024

6 Months

Nov 21, 2024

1 Year

Nov 21, 2024

5 Years

Nov 21, 2024

Historical

Nov 21, 2024

Create FREE account or log in

to receive MINING.COM digests


Latest Stories

Mining ban review underway in Phillipine province

The company behind a large copper-gold mining project in the Phillipine province of South Cotabato is cautiously optimistic that a mining ban imposed last year will be overturned. GMA News reports: A large-scale mining company on Sunday expressed optimism that the South Cotabato provincial government will lift its ban on open-pit mining and allow the $5.2-billion Tampakan copper-gold project to proceed by 2012. Sagittarius Mines, Inc. (SMI) made the statement as its petition to withdraw the ban – which former South Cotabato governor Daisy Fuentes imposed last year – has moved up to the provincial council’s final review. The current governor of South Cotabato, Arthur Pingoy, told Reuters last week that a review of the ban is possible, but with a slim chance it would be overturned.

Northern Dynasty’s Pebble project receives a positive preliminary assessment

Northern Dynasty said on Wednesday that Wardrop completed a positive preliminary assessment report for the Pebble copper-gold-molybdenum project in Southwestern Alaska. "For the Pebble Project, the 45-year Reference Case yields a 14.2% pre-tax IRR, a 6.2-year payback on initial capital investment of $4.7 billion and a $6.1 billion pre-tax NPV at a 7% discount rate and long-term metal prices. At current prevailing metal prices, the 45-year Reference Case yields a 23.2% pre-tax IRR, a 3.2-year payback on initial capital investment and a $15.7 billion pre-tax NPV at a 7% discount rate."

45% decline in Japan’s copper exports over last year

Japan's Ministry of Finance data reveals drop in refined copper exports to 26,208 tonnes. TOKYO (Reuters) - Japan's refined copper exports fell 45 percent in January from a year earlier to 26,208 tonnes, for a fourth straight month of year-on-year

Taseko makes new bid for Prosperity

Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.

Zambia copper output to rise 10% this year

Zambia's Central Bank reckons the major copper producing country's output will rise around 10% to 9000,000 tonnes in 2011 LUSAKA (Reuters) - Copper output in Zambia, Africa's leading producer of the metal, is expected rise to 900,000 tonnes in 2011 from

Zinc fights the common cold

Zinc may be good for your everyday galvanizing and diecasting, but it may also be good at fighting colds. According to the Cochrane Collaboration, zinc taken as a lozenge or syrup reduced the duration and severity of the common cold in healthy people. "People taking zinc are also less likely to have persistence of their cold symptoms beyond seven days of treatment. Zinc supplementation for at least five months reduces incidence, school absenteeism and prescription of antibiotics for children with the common cold."

Silvercorp up 4 per cent after positive preliminary assessment

Silvercorp announced on Thursday that it received a positive preliminary assessment for its Silvertip silver-lead-zinc project in northern British Columbia. Silvercorp's stock was up 4% on the TSX on Friday. The report prepared by Golder Associates favoured a small mine and mill operating seasonally at 500 tonne per day or 72,000 tonne per year. "The initial capital cost of the project is estimated to be $US49 million with sustaining capital costs over the remaining mine life (21 years) estimated at $US54.2 million. The payback period is estimated at 4 years for the base case and 2 years for the upside case after reaching commercial production."