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Colin Bennett

Planet Ark : Urban Miners Look For Precious Metals In Cell Phones - 0 views

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    Thinking of throwing out your old cell phone? Think again. Maybe you should mine it first for gold, silver, copper and a host of other metals embedded in the electronics -- many of which are enjoying near-record prices.
Colin Bennett

Barrick Gold spent $240,000 in first quarter to lobby on mining rules, IMF gold sales |... - 0 views

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    a Canadian-based mining company, spent $240,000 in the first quarter to lobby on mining rules and other issues, according to a disclosure form.
Colin Bennett

Technology opens promise of ocean mining - 0 views

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    BOSTON - There's gold in the sea floor. Silver, copper, zinc and lead, too. The problem is, it's a mile or two underwater and encased in massive mineral deposits that layer a dark, mysterious world. But new technology and worldwide demand have combined to make mining for these metals economically feasible for the first time. A breakthrough project is moving forward in New Guinea, and new rules to govern deep ocean mining will be set by an international authority this spring.
Colin Bennett

Copper is king, for now - 0 views

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    Over the past month, most favoured mining equity sectors copper, nickel and aluminium have overshadowed gold, but platinum equities are on the bubble.
Colin Bennett

Greenpeace Tags HP for Lagging in Eco-Commitments - 0 views

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    The town of Guiyu in China's Guangdong Province, where residents have made an industry of recycling waste computer products with serious impact on their health, is one example. "People in Guiyu are breaking down mounds of toxic electronics with crude instruments and burning the electronics in fire pits for the gold and copper wiring in the circuit boards," Greenpeace International campaigner Casey Harrell told TechNewsWorld. "New studies show that the health impacts aren't just a combination of the impacts of chloro- and bromo-dioxin; it's exponentially higher than that," he said. "Among the few places in the world where you find mixed chloro- and bromo-dioxin is in places where you burn items with chlorine and bromine in them."
Colin Bennett

Xstrata completes $463m El Morro sale - 0 views

  • XTA - Xstrata Latest Prices LONDON (SHARECAST) - Xstrata has completed the sale of its 70% interest in El Morro SCM, which owns the El Morro copper-gold project in north-central Chile. The miner will get $463m in cash from New Gold
Colin Bennett

Freeport-McMoRan Copper & Gold CEO discusses areas of improving demand for metalsiner - 0 views

  • QUESTION: In addition to China, where are you seeing improving demand?ANSWER: "It is more in the electrical side of the business...both here in the U.S. and in Europe. You know, there's some ... parts of the economy, as you can see automobile production is one thing, that is generating some business for people."When we look at the residential, commercial construction business, it is weak but bottomed out."
Colin Bennett

Xstrata ups Tampakan mineral resource estimate 9% - 0 views

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    "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

Barrick Gold takes 'rare' opportunity with $7.3B bid for Equinox Minerals - 0 views

  • Barrick said Monday it wants to take advantage of a “rarely” available opportunity to buy a well-established, large copper miner by acquiring Equinox and beating a rival hostile bid for the company.<Chinese-owned Minmetals Resources submitted in its own hostile bid valued at $6.3 billion earlier this month, but withdrew its bid early Tuesday.
Colin Bennett

Freeport-McMoRan Looking to Sell Large Copper Mine in Chile - 0 views

  • Freeport-McMoRan Copper & Gold Inc. is looking to sell its large Candelaria copper mine in Chile, an asset sale that could raise several billion dollars, according to people familiar with the matter. The mine has attracted interest from Magris Resources Inc., a Toronto-based mining-investment vehicle headed by former Barrick Gold Corp. chief executive Aaron Regent, according to these people. Phoenix-based Freeport, which...
Colin Bennett

Seabed mining dreams shattered by New Zealand latest decision - 0 views

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    "New Zealand's recent decision to oppose another deep sea mining venture off its coasts has poured cold water on advocates of searching for and digging up valuable minerals including copper, gold and manganese from the ocean floor."
Colin Bennett

Significantly more efficient copper extraction with hydrogen peroxide - 0 views

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    "The use of hydrogen peroxide can solve an old mining problem while significantly increasing the amount of copper extracted from the ore. Certain impurities such as iron sulfides (which include pyrite) have been difficult to remove until now. A new technology based on hydrogen peroxide now offers a solution. Using a small copper and gold mine in Australia as an example, Evonik developers have demonstrated that the technology works on an industrial scale and can increase the copper yield by roughly ten percent."
Colin Bennett

Freeport plans return to energy - 1 views

  • Freeport-McMoRan Copper & Gold is planning big acquisitions in the oil and gas sector, a multibillion-dollar move that would take the US mining group back to its roots as an energy producer, according to several people familiar with the matter.
Matthew Wonnacott

Freeport restarts production at Baywater facility - 0 views

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    Freeport McMoRan announced 30th November that it has partially restarted production at its Baywater copper semis plant in New Jersey. The facility, which was damaged during 'superstorm Sandy,' produces copper wire and tube products for the aerospace, transport and communications industries. A spokesperson for the company said "limited quantities of their primary products are being delivered" but the company said it is unclear when full production will resume.
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