Copper mining news

The company produced 1 201 000 t of fine copper between January and September, despite a significant drop in the law of its deposits. It also had costs 5% lower than the average for the rest of the industry in Chile.

The report "reconfirms the value of Santo Domingo as a desirable copper-iron-gold project" according to Capstone's CEO and President, Darren Pylot.

The Queensland Resources Council’s Chief Executive said that the resources sector contributed AUS$62.9 billion to the state’s economy in 2017 – 2018.

The company’s directors have approved an eligible dividend of CAN$0.15 per share and a CAN$400 million share buyback.

The company’s board has approved a US$1.3 billion expansion, with construction work to begin in January.

Encounter Resources welcomes Independence Group NL as a new major shareholder and partner in advancing the company’s Yeneena copper-cobalt project in Western Australia.

The transaction comprises the sale of Metso Spain Holding, S.L.U, including operations in two locations with around 80 employees in Spain (Bilbao and Seville).

Ecuador will soon release a formal Government policy to make the mining industry a long-term key economic driver, with five major world-class mining projects facilitating this growth.

Wood will prepare a pre-feasibility study for a technologically-advanced integrated operations centre, including cloud data storage and information management for its operations, easily accessible from anywhere in the world.

Antofagasta said the outlook for copper is positive due to urbanisation, growing income levels in emerging markets and increased electromobility.