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Freeport to boost Grasberg copper ore output - 0 views

www.metalbulletin.com/...rasberg-copper-ore-output.html trends Copper FMI
shared by Colin Bennett on 25 Jan 13 - No Cached
  • Freeport-McMoRan Copper & Gold will increase daily ore output at its Deep Ore Zone Grasberg Mine in Indonesia to 80,000 tonnes per day by the end of 2013. This will be a 60% increase from the 2012 rate of around 50,000 tpd, which will help bring 2013 copper sales to 1.1 billion lb.
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Full operations resume at Freeport's Bayway plant - 0 views

www.amm.com/...rts-Bayway-back-to-normal.html Copper wire US Hurricane Sandy
shared by Matthew Wonnacott on 24 Jan 13 - No Cached
  • Matthew Wonnacott on 24 Jan 13
     
    Freeport-McMoRan Copper & Gold Inc announced last week that full operations have now resumed at its Bayway facility in Elizabeth, New Jersey. The facility, which was damaged during "Hurricane Sandy," resumed partial production in early December. The plant manufactures tough pitch copper, oxygen-free copper wire and copper alloys for special applications.
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China - Construction of Hennan Sanfeng Copper's additional 50ktpy of copper strip produ... - 0 views

www.antaike.com/...shownews.asp copper China flat rolled products strip capacity expansion
shared by James Wright on 30 Apr 12 - No Cached
  • James Wright on 30 Apr 12
     
    Hennan Sanfeng Copper, a subsidiary of Anyang YuBei Gold and Lead Co., Ltd, announced that it now has the capability to manufacture its desired portfolio of copper and copper alloy strip products. This comes after news in December 2011 that construction of its 50,000t/y copper and copper alloy strip fabrication facility had been completed. The company expects to double capacity with the completion of its second phase facility expansion, which is currently undergoing construction.
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Sumitomo approves expansion at Cerro Verde copper mine - 0 views

www.metalbulletin.com/...t-Cerro-Verde-copper-mine.html trends copper FMI Sumitomo
shared by Colin Bennett on 17 Feb 14 - No Cached
  • Sumitomo Metal Mining (SMM) and Sumitomo Corp have approved an expansion of production at the Cerro Verde Copper Mine in Peru operated by Freeport-McMoRan Copper & Gold
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Oyu Tolgoi expects 2013 copper output at 75,000-85,000 tonnes - 0 views

www.metalbulletin.com/...put-at-75000-85000-tonnes.html trends copper Rio Tinto
shared by Colin Bennett on 19 Jul 13 - No Cached
  • Mongolia’s $6.2-billion Oyu Tolgoi copper and gold mine should produce between 75,000 to 85,000 tonnes of copper in concentrate this year, Turquoise Hill Resources said on Tuesday July 16.
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Buyers line up for Glencore Xstrata's massive Peru copper mine - 0 views

www.mining.com/massive-peru-copper-mine-53782 trends copper Glencore Xstrata
shared by Colin Bennett on 22 Jul 13 - No Cached
  • Speculation has centred on two Chinese firms – Chinalco Mining Corp, a subsidiary of China's state-run aluminum group, and Hong Kong-listed MMG – who may be weighing rival bids for the three Las Bambas open pits which will also produce significant quantities of gold, silver and molybdenum as by-product.
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Is the Peruvian government becoming more mining friendly? - 0 views

www.mining.com/...-becoming-more-mining-friendly trends copper Peru
shared by Colin Bennett on 17 Sep 13 - No Cached
  • According to Lima-based Kallpa Securities Managing Director Ricardo Carrión and President Alberto Arispe, recent government actions might signal a reset, with the government even acting as a mediator between mining companies and the local communities. In this interview with The Gold Report, Carrión and Arispe detail the state of mining exploration in Peru and discuss companies actively exploring, including one that just received its long-awaited environmental approval.
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Sweeping changes to Myanmar mining laws planned - 0 views

www.mining.com/nmar-mining-laws-planned-89507 trends copper Myanmar
shared by Colin Bennett on 14 Oct 13 - No Cached
  • Mostly undeveloped, Myanmar also known as Burma is home to vast reserves of oil and gas and minerals and metals, including gold, tungsten, copper, nickel, tin, lithium and precious stones.
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Teck invests further in Halifax's Erdene to expand copper exploration in Mongolia - 0 views

www.mining.com/-exploration-in-mongolia-86163 trends copper Teck Mongolia
shared by Colin Bennett on 23 Apr 14 - No Cached
  • Teck, which currently controls about 14% of Erdene's common shares, aims to boost exploration on the Halifax miner's wholly owned Altan Nar gold-polymetallic project, located in southwest Mongolia, 200 kilometres from the border with China.
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The robot is ready - so when will deep sea mining start? - 1 views

www.reuters.com/...-deepsea-idUSBREA3H06T20140418 trends copper marine mining supply
shared by Colin Bennett on 22 Apr 14 - No Cached
  • Nautilus aims to produce 80,000-100,000 metric tons of copper and 100,000-200,000 ounces of gold - equivalent to a modest onshore mine. It was supposed to be producing by now, but disagreements with the PNG government over financial terms have set it back.
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Glencore Xstrata sells 80% stake in copper project - 0 views

www.mining.com/-stake-in-copper-project-33220 trends copper Glencore Xstrata PanAust
shared by Colin Bennett on 04 Nov 13 - No Cached
  • According to PanAust, the mine has the potential of generating an annual copper production of 100,000 tonnes, and gold by-products of 160,000 ounces
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Freeport, Codelco See Copper Market Risk From China - 0 views

www.businessweek.com/...-risk-from-china-update1-.html trends copper Codelco FMI
shared by Colin Bennett on 04 Jun 10 - Cached
  • Freeport-McMoran Copper & Gold Inc. and Codelco, the world’s two largest copper producers, said China’s plans to curb its economy threaten to reduce demand for the metal after prices slumped 15 percent in two months. The copper market will be “volatile” for as much as another year after China took measures to cool its property market, Codelco Chief Executive Officer Diego Hernandez said yesterday in an interview at Bloomberg headquarters in New York. The Asian nation is a “risk to the world’s market place in the near term,” Freeport CEO Richard Adkerson said in an interview.
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Afghan minerals mean 'self sufficiency' in 10 years - 0 views

news.bbc.co.uk/...10412085.stm trends copper Afghanistan
shared by Colin Bennett on 25 Jun 10 - Cached
  • These include vast reserves of oil, gas, copper, gold and lithium.
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Rio in talks with Chinalco over Ivanhoe mine stakes - 1 views

www.canada.com/...story.html trends copper Rio Tinto Chinalco
shared by Colin Bennett on 08 Jul 10 - Cached
  • A giant Chinese aluminum company is in discussions to buy a minority stake in either Ivanhoe Mines Ltd. or its Oyu Tolgoi copper-gold project in Mongolia.
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New life possible for old mines - 0 views

www.canadianminingjournal.com/...story.aspx trends Bell Copper Corp
shared by Colin Bennett on 29 Jul 10 - Cached
  • Bell Copper Corp. of Vancouver has granted an option on the former Granduc copper mine to Castle Resources of Toronto. Castle may earn up to an 80% interest by spending $25 million over six years. Bell will receive a $2.5 million cash payment and the remainder in Castle shares. An additional 10% may be earned if Castle provides the project financing. The deal also includes Bell Copper's option agreement on the Silver Leduc claims belonging to Teuton Resources. The Granduc mine was in production from 1968 to 1984 with a 10,000 t/d concentrator. Approximately 420 million lb of copper with silver and gold credits was produced. The property near Stewart, BC, languished until Bell Copper acquired it 10 years later. A 43-101 report filed in 2005
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Hindustan Copper Talks With Hutti Gold Mines To Revive Copper Mining - 0 views

za.quote.com/...story.action trends copper Hindustan Hutti
shared by Colin Bennett on 09 Sep 10 - No Cached
  • Hindustan Copper, the sole government-run producer of the metal, is seeking controlling stake in the joint venture, the official said.
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Continued investment, new mines will keep Arizona copper industry strong - 0 views

www.azcentral.com/...-industry-investment-1114.html trends copper material availability
shared by Colin Bennett on 15 Nov 10 - No Cached
  • For example, Phoenix-based Freeport-McMoRan Copper and Gold Inc., the biggest miner in the state, has a mine in Peru with enough reserves to last until at least 2074, and one in Africa with nearly 50 years of reserves, far more than its Arizona properties. Grupo Mexico, the parent company of major Arizona miner Asarco, has a mine in Peru with 172 years' worth of copper left and one in Mexico with 124 years' worth.
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Rio Tinto to manage Oyu Tolgoi project under new financial agreement with Ivanhoe Mines - 0 views

riotinto.msgfocus.com/...wv trends copper Rio Tinto
shared by Colin Bennett on 08 Dec 10 - No Cached
  • Rio Tinto and Ivanhoe Mines have signed a new agreement under which Rio Tinto will assume direct management of the world-class Oyu Tolgoi copper-gold project in Mongolia and provide a comprehensive financial package to Ivanhoe Mines that is expected to help secure the development of the project approximately six months ahead of schedule in late 2012.
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BHP Profit up 15% to US$15.4bn - 0 views

www.bhpbilliton.com/...investorsMedia.jsp aluminium bhp copper mining
shared by William Pratt on 18 Aug 08 - Cached
  • William Pratt on 18 Aug 08
     
    BHP Billiton Limited, Australia's mining giant, recorded a 14.7% increase in profit for the 2008 fiscal year. The company's record US$15.39bn profit was slightly higher than expected, with most analysts predicting US$15.372bn. BHP said, "emerging economies continue to drive demand for commodities, [and] a slowdown in developed countries will have minimal impact." BHP achieved record annual production across seven commodities including copper. Underlying EBIT for the company's base metals unit increased by 16.2% y-o-y to US$7,989m. "Higher average prices for copper, lead, silver, molybdenum and gold increased underlying EBIT, partially offset by lower average zinc prices," said the company, adding that, "in the short term, we expect prices to remain high relative to historic levels, albeit with higher volatility." The final dividend for the year ended 30 June 2008 was US41c per share, bringing total dividend for the year, together with the US29c per share interim dividend in March, up to US70c per share, a 49% increase on FY2007.
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