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Coronavirus uncertainty delays Japan copper asset sales

1 April 2020 - 19:15
Japanese metals producers Mitsubishi Materials (MMC) and Kobe Steel (Kobelco) have agreed to delay their plan to transfer copper tube production assets to an investment fund, citing uncertainty caused by the coronavirus epidemic.

Corriente Resources’ mining camp in Ecuador set on fire

30 March 2020 - 15:06
The Esperanza camp, which is part of the San Carlos Panantza mining complex in Ecuador, was intentionally set on fire and destroyed this weekend, according to information made public by the Ministry of Energy and Natural Non-Renewable Resources.

BHP commits $8m to support Chile’s battle against COVID-19

30 March 2020 - 13:49
Global miner BHP Group (ASX, LON, NYSE: BHP) launched an $8-million plan focused on helping mitigate the spread of COVID-19 in Chile.

Mine closure impact on global copper supply

28 March 2020 - 14:23
The collapse of the copper price and the containment measures taken for the coronavirus pandemic are posing a significant risk to global copper mine supply and project development, Nick Pickens, research director at Wood Mackenzie said in a note this week.

Gap between no. 1 and 2 copper miners widens as Codelco output drops 5.3%

28 March 2020 - 14:12
Chile’s Codelco, the world’s second-largest copper miner, has lost more ground among the metal’s top tier, after reporting that output for 2019 had fallen by 5.3% to 1.588 million tonnes.

Sprott faces operations challenges at Chile mine

27 March 2020 - 14:52
The ongoing covid-19 pandemic has created “significant operating and financial challenges” for Sprott Resource Holdings’ (TSX: SRHI) primary operating asset Minera Tres Valles (MTV), the company stated in its 2019 annual report.

Freeport-McMoRan in talks to allow limited operations at Peru’s Cerro Verde mine

27 March 2020 - 14:33
Freeport-McMoRan Inc said on Thursday it was in talks with the Peruvian government to conduct limited operations at its giant Cerro Verde mine after the country extended a national emergency due to the coronavirus outbreak to April 12.

Chile’s Codelco limits operations in response to virus

19 March 2020 - 19:16
Chilean state-run mining company Codelco has reduced operations in response to government coronavirus measures.

Iran Copper Cathode Output Has Stable Output

16 March 2020 - 20:41
Refined copper cathode production by major Iranian smelters was stable in the 11-month period ending February 19 despite illegal American sanctions.

Copper cathode output exceeds 224,000 tons in 11 months

16 March 2020 - 15:52
Copper cathode production in Iran reached 224,331 tons during the first 11 months of the current Iranian calendar year (March 21, 2019-February 19, 2020), IRNA reported citing Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) data.
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