Copper mining news
Anglo American announces 2Q18 production results
The company achieved a 6% increase in total production on a copper equivalent basis in 2Q18, compared to 2Q17.
Svendborg Brakes provides copper mine with conveyor take-up winches
Svendborg Brakes’ take-up winch with braking control system provided conveyor efficiency, reliability and improved the productivity of a copper mine in Chile.
China Gold achieves Series II production at Jiama mine ahead of schedule
China Gold International has announced its commercial production on Series II of the Jiama mine Phase II expansion.
Orion Minerals to conduct AUS$11 million capital raising
Proceeds from the placement will be used principally to finalise the bankable feasibility study on the company’s Prieska Zinc-Copper Project in South Africa.
BHP to sell Cerro Colorado mine to EMR Capital
The sale of the copper mine in Chile’s Atacama desert is expected to close during 4Q18.
Mitsubishi Corp. acquires further stake in Quellaveco copper mine
The company has agreed with Anglo American to acquire a further 21.9% equity interest in the mine, increasing its total interest to 40%.
Capstone Mining announces significant increase to Cozamin Resource Estimate
The estimate converted or added an additional 115 000 t of copper in the Indicated category in the Mala Noche Footwall Zone at the Cozamin mine in Mexico.
Queensland resources sector boosted by greenfield exploration investments
Greenfield exploration demonstrates the Queensland resources sector’s willingness to explore for larger deposits.
Copper Mountain announces 2018 exploration plans for Australia
An AUS$5 million budget for the Cloncurry project in Queensland has been approved.
Automation improves mining productivity at Jaguar Operation
Independence Group, which manages the Jaguar zinc-copper-silver mine in Western Australia, says that upgrading to RCT’s ControlMaster Guidance Automation Solution has resulted in a 32% improvement in cycle times.