Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.
Antofagasta’s copper production rose 3% to 725…
Chilean miner Antofagasta studying $3 bn expansion at Centinela -paper Read More »
Sixty-five engineers from 15 countries came up with ideas.
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Researchers are studying the unusual Las Cruces deposit in southwestern Spain.
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The Canadian miner won’t be buying the Hautalampi cobalt, nickel, copper project in eastern Finland at this time due to financing issues.
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German carmaker will invest 870 million euros ($985 million) by 2020 to develop e-vehicle components, including batteries and charging stations.
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For the full year, the company produced 75.3 million lb. of copper and 79,056 oz. of gold.
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The announcement was made after both companies confirmed the original terms of an earn-in agreement they signed back in 2017.
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Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.
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Once seen as a laggard in the global mining industry, US copper deposits have quietly drawn more than $1.1-billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal.
Four US coppe…
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The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.
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