Copper gained for a second day in London on concern that a labor dispute at a mine in Chile, the world’s largest producer of the metal used in pipes and wires, may disrupt supply.
A union at the Cerro Colorado copper mine in Chile voted yesterday to strike as part of wage negotiations with BHP Billiton […]
A minerals explorer in the Pilbara, in north-west Western Australia, says it is happy with the State Government’s preferred site for a new iron ore port.
Aurox Resources has a potential iron ore and vanadium project near Ronsard Island, the site announced last week as the best place for a new multi-user port.
Charles Schaus is the […]
Bonaventure Enterprises Inc. is pleased to announce that its first phase of drilling has been completed at the Squaw Creek property located in Nevada.
A total of three deep angle Reverse Circulation (RC) and Core holes were completed totaling 4,802 feet. The drilling successfully found the bounding fault of a large horst block defined by geophysics, […]
FIRST RESOURCE DEFINITION DRILLING RESULTS EXTEND MINERALISATION IN TWO OF MAIN DEPOSITS AT PLA’S KALPLATS PROJECT
• Bankable Feasibility Study Should Be Completed By End Of Calendar Year
• Initial Testwork Indicates Recovery Of 80p.c. Into Saleable PGM Concentrate
• Further Drilling Success Could Raise Planned Production By 50p.c. To 300,000oz/y
Platinum Australia Limited says the first results from […]
Alto Ventures Ltd. is pleased to announce the start of the 2007 winter diamond drilling program on its projects in the Beardmore Geraldton Gold Belt. In the past this prolific gold belt has produced over four million ounces of gold at grades that are comparable to the Red Lake gold mining camp in north western […]
The second batch of assay results from infill drilling at the Spitzkop platinum group metals (PGM) project in South Africa reflect the high PGM grades and particularly the high platinum (56%) and rhodium (8%) content of the UG2 reef at Spitzkop, Eastern Platinum (Eastpats) said on Tuesday.
Ian Rozier, President and CEO of Eastplats reported that […]
Phelps Dodge Corp., world’s No. 2 copper producer, sees increased copper production and sales in the first quarter over fourth quarter 2006.
The Phoenix, Arizona-based mining giant expects to produce between 625 million and 655 million lbs of copper in the first quarter of 2007 and about 2.9 billion lbs for the year, said Phelps Dodge […]
Antofagasta PLC, a mining company with operations in Chile and Bolivia, said Wednesday that 2006 copper production fell but beat the company’s forecasts.
Total copper production fell to 465,500 metric tons (513,100 U.S. tons) from 467,300 metric tons (515,100 U.S. tons), the company said in a statement. The company had forecast output 441,500 metric tons (486,700 […]
Copper gained for a second day in London on speculation that a labor dispute at a mine in Chile, the world’s largest producer of the metal, may disrupt supply.
A union at the Cerro Colorado copper mine voted yesterday to strike as part of wage negotiations with BHP Billiton Ltd., the world’s biggest mining company. Supply […]
Chile’s budget surplus climbed in 2006 from a year earlier, bolstered by revenue from government- owned Codelco, the world’s biggest copper producer.
The government budget surplus widened to 6 trillion pesos ($11 billion), or 7.9 percent of gross domestic product, higher than an October forecast for a surplus of 7.6 percent of GDP, said Budget Director […]