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Colin Bennett

Australia slashes 2010 copper production forecasts to lowest level in a decade - 0 views

  • In its latest quarterly outlook, the Australian Bureau of Agricultural and Resource Economics cut its forecast for refined copper exports by 15.8% for the year to June 30, 2010, and its estimate for refined copper output by 13 percent to 408,000 tonnes.
Colin Bennett

Short-term thinking on issues has harmed int`l mining, a new Deloitte report suggests - 0 views

  • A report issued Tuesday by international accounting and consulting firm Deloitte contends activity in the international mining industry "has often been disproportionately influenced by short-term outlooks."
Colin Bennett

Xstrata ups Tampakan mineral resource estimate 9% - 0 views

  • Colin Bennett
     
    "MANILA, Oct 20 (Reuters) - Global miner Xstrata Plc (XTA.L) has boosted an estimate of mineral resources at its $5.2-billion Tampakan copper-gold project in the southern Philippines to 2.4 billion tonnes from 2.2 billion, the firm said on Tuesday."
Colin Bennett

ICMM launches Spanish version of Mine Closure Toolkit - 0 views

  • Colin Bennett
     
    ICMM is pleased to announce the formal launch of the Spanish language version of its Planning for Integrated Mine Closure: Toolkit at the 29th mining convention PerúMin, in Arequipa, Peru.
Caroline Millar

Japan - Nippon Mining & Metals to start copper foil shipments in 2011 - 0 views

  • Caroline Millar
     
    Nippon Mining & Metals Co. Ltd. plans to start shipping copper foil for in-vehicle lithium-ion batteries to customers in 2011. It will ship both cost-effective electrolytic copper foil and high-grade rolled copper foil, with a medium-term objective of selling 100 tonnes or more per month. The company has been shipping approval samples to Japanese automobiles and battery manufacturers to access demand.
Steven O'Sullivan

ICSG Release Report On Copper Output Growth To 2013 - 0 views

  • Steven O'Sullivan
     
    Annual copper mine output will grow at a slower-than-expected average annual rate of...
Colin Bennett

Teck cuts Highland copper production forecast - 0 views

  • Colin Bennett
     
    Teck Resources Ltd. has cut its 2009 and 2010 copper production estimate from Highland Valley by millions of pounds because of geotechnical issues, the company said Thursday.

    The cuts will amount to about 35 million pounds in the second half of 2009 and 115 million pounds in 2010, reducing total production from all sources to less than 700 million pounds in 2009 and 755 million in 2010.
Steven O'Sullivan

World copper in 48,000t surplus in Q1 - ICSG - 0 views

  • Steven O'Sullivan
     
    The world copper market saw a surplus of 48,000 tonnes between January and March of this year, compared with...
Colin Bennett

United Nations (UNCSD) review of mining - 0 views

  • Colin Bennett
     
    2010/2011*

    * Transport
    * Chemicals
    * Waste Management
    * Mining
    * A Ten Year Framework of Programmes on Sustainable Consumption and Production Patterns
Steven O'Sullivan

Global copper mine production to rise 7.5% in 2010 - 0 views

  • Steven O'Sullivan
     
    World copper mine production is expected to increase 4% in 2009 and 7.5% in ...
Colin Bennett

Copper production rises in Iran - 0 views

  • Colin Bennett
     

    Copper production rises in Iran
    Tehran, June 1, IRNA - The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported on Monday that the production level of copper has increased in Iran in recent years.
Panos Kotseras

Japan - Mitsui Mining and Sumitomo Metal to join their copper and alloy businesses - 0 views

  • Panos Kotseras
     
    With a view to cutting operating costs, Mitsui Mining & Smelting Co. and Sumitomo Metal Mining Co. are planning to combine their copper and alloy businesses. The new joint venture will consist of equal shares of the two companies and will be Japan's biggest brass strip maker. Major end-use applications include terminals and connectors for cars and electronic components. According to the plan, the joint venture will cease some sales units and purchase raw materials on a joint basis. It is anticipated that annual cost savings will amount to 1B yen (US$10M).
Hans De Keulenaer

Zambian Economic Development: COPPER MINING IN 2009 - 0 views

  • Hans De Keulenaer
     
    For many Zambians, the current copper prices that have risen from a low of USD3,000 per tone and now stand at about USD4,000 per tonne is good news and there is hope that the prices will continue to improve.
Colin Bennett

Jiangxi copper back to full output in June - 0 views

  • Colin Bennett
     
    Li Yihuang said Jiangxi Copper, which produced nearly 20 percent of China's refined copper output last year, would be able to meet its 2009 output target of 800,000 tonnes of refined copper despite the repair, which started in late December.
Colin Bennett

Spot copper TC/RCs around $50/T -Germany's Aurubis - 0 views

  • Colin Bennett
     
    HAMBURG, May 18 (Reuters) - Spot copper treatment and refining charges (TC/RCs) are believed to have fallen to about $50 a tonne and 5 cents a pound, Europe's largest copper producer Aurubis (NAFG.DE) said on Monday.

    This was down from a TC/RC level of $75 a tonne and 7.5 cents a lb reported in March.

    TC/RCs, the fees charged by smelters to refine copper concentrate into metal, are a key part of the global copper industry's revenues.
Colin Bennett

A special report on waste: Talking rubbish | The Economist - 0 views

  • Colin Bennett
     
    Entrepreneurs were queuing up to scour rubbish for anything that could be recycled. There was even talk of mining old landfills to extract steel and aluminium cans. And waste that could not be recycled should at least be used to generate energy, the evangelists argued. A brave new wasteless world seemed nigh.

    But since then plummeting prices for virgin paper, plastic and fuels, and hence also for the waste that substitutes for them, have put an end to such visions. Many of the recycling firms that had argued rubbish was on the way out now say that unless they are given financial help, they themselves will disappear.
Steven O'Sullivan

Copper fails to retain gains - 0 views

  • Steven O'Sullivan
     
    Copper traded on LME fell after opening higher in Asia as prices came back under pressure after yesterday's gains.
Colin Bennett

The Oil Drum: Europe | Minerals scarcity: A call for managed austerity and the elements of ... - 0 views

  • Colin Bennett
     
    If we keep following the ruling paradigm of sustained global economic growth, we will soon run out of cheap and plentiful metal minerals of most types.
Steven O'Sullivan

U.K. Stocks Climb to Two-Month High; Mining Shares Rally - 0 views

  • Steven O'Sullivan
     
    U.K. stocks climbed, extending a two-month high, as banks and commodity producers rallied. Kazakhmys jumped 5.8 percent to 540.5 pence. Separately, copper futures advanced...
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