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Polish Audit Office blasts KGHM acquisition of Chilean copper mine

15 March 2019 - 18:08
Poland’s Supreme Audit Office (NIK) has lambasted state-controlled miner KGHM (WSE:KGH) for buying Sierra Gorda copper mine in northern Chile, saying that company has spent more than PLN 19.6 billion (about $5.2B) managing the operation and the ore processing plant in the last three years.

The Production Program of 2018-2019 Implemented

13 March 2019 - 15:40
Me-Metals – Saad Abdi – Planning and Observation Manager of National Iranian Copper Industries Co. (NICICO) said: With maximum production, execution of developmental plans, localization and making use of the experiences of the predecessors at the four main axes of the copper company, we have been able to implement the production program of 1397 - the solar year - (equal to half of 2018 and half of 2019).

Newcrest grabs majority stake in Canadian copper-gold mine

11 March 2019 - 19:41
Australia’s largest gold producer, Newcrest Mining, (ASX: NCM) is acquiring a 70% joint-venture interest in Imperial Metals’ (TSX: III) Red Chris copper and gold mine, located in British Columbia, Canada, as part of an ongoing push by the world’s top bullion miners to get even bigger.

Peru's gold, copper exports down

11 March 2019 - 13:51
Peru's Ministry of Foreign Trade and Tourism reported this week that exports dropped by 7.4% in January 2019 when compared to the same month of the previous year.

Copper price: Chinese concentrate imports hit monthly record

8 March 2019 - 18:59
The price of copper slid back again on Friday after trade data showed a plunge in Chinese imports of refined metal, even as concentrate shipments set fresh highs.

Murchison now owns 100% of the HPM project in Québec

7 March 2019 - 19:40
Murchison Minerals (TSXV: MUR) announced this week that it is now the sole owner of the HPM nickel-copper-cobalt project in Québec, following its acquisition of Pure Nickel's 50% interest in the project.

Never a bad day at the office for Anglo American execs

5 March 2019 - 22:15
Anglo American's annual report released this week takes great pains to set out the London-listed mining giant's policies around director's responsibilities and incentives.

Peru plans to give Southern Copper key permit for long-delayed $1.4B project

2 March 2019 - 22:28
The Peruvian government will likely grant Southern Copper Corp a construction license for its $1.4 billion Tia Maria project before its environmental permit expires in August, the energy and mines minister told Reuters on Thursday.

Stunning footage of Australia copper, lead, zinc train derailment

28 February 2019 - 15:10
Queensland Rail had stowed a train carrying copper, lead and zinc concentrate from Glencore's operations in the Australian state on 31 January as a precautionary measure.

Rio Tinto may have found its next major copper mine in W. Australia

27 February 2019 - 23:19
Mining giant Rio Tinto’s (ASX, LON:RIO) relentless search for a major copper deposit may have finally paid off as it announced it had made a promising find at its Winu prospect in Western Australia.
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