Copper mining news

After full implementation of the projects, Codelco will have more than 40 autonomous Sandvik trucks and loaders in operation at the El Teniente mine.

Multiple outcropping vein breccias have been mapped over a 1000 x 600 m area with 25% of outcrop samples assay over 1% Cu and 50% of samples assay over 0.3% Cu.

The company has started early-stage groundwork to increase the understanding of the Molulu Project and identity further drilling targets in preparation for the next drilling campaign.

The company forecasts total production increasing by 30 – 50%, to 70 000 – 75 000 gold equivalent oz for 2024 and 2025 (copper equivalent of 15 000 – 15 500 t).

Western Copper and Gold Corp. has announced a strategic equity investment by Mitsubishi Materials Corp. to further advance the company’s copper-gold Casino Project in the Yukon.

JX has extensive operational knowledge, which will help Lundin Mining to realise the full potential of the Caserones mining operation.

The MoUs aim to enable the parties to leverage their expertise in exploring opportunities to reduce the environmental footprint and improve materials and energy efficiency and manage waste streams in copper production.

Under the term sheet, Glencore will purchase an average of 50% of the total copper concentrate to be produced from the Marathon Palladium-Copper Project.

Multiple vein-breccia targets identified with grades up to 2.1% Cu and 4.29 g/t Au.

Entech Mining will undertake a pit optimisation and mine design study for the Big One Deposit (NWQ Copper Project Mt Isa copper belt), which has an inferred JORC MRE at 2.1 Mt @ 1.1% Cu for 21 886 t copper metal.