Rio Tinto has taken interest in acquiring the remaining shares it does not already own of Turquoise Hill Resources and the Oyu Tolgoi copper operation in Mongolia in a $2.7 billion cash proposal. Read full article from The Asia Miner.
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Protest keeping Peru mine suspended: report
Officials from Peru’s mining chamber confirmed 14 March that operations at Southern Copper’s Cuajone copper operation is nearing the end of its second week with operations idled due to protesters who have blocked a key transport artery. According to a Reuters report that has cited Sociedad Nacional de Minera Petroleo y Energia’s (SNMPA) statement in Spanish, the regulatory group has…
Read MoreCopper Mark adds Teck
Teck Resources committed the first mine in what it says will be a portfolio-wide effort to the Copper Mark responsible production initiative. The operator said, in its dedication to the voluntary framework, it has first signed up Highland Copper outside of Kamloops, British Columbia, Canada. It now plans to verify each of its copper operations. To achieve the Copper Mark…
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