copper production - Miners News Global

Rugby makes discovery at Cobrasco project

February 28, 2024February 28, 2024 Miners News

Canadian-based exploration company Rugby Resources said recent surface sampling at its Cobrasco copper project in Colombia has yielded significant copper/molybdenum assay results. Additionally, a new molybdenum stockworked porphyry occurrence has been identified approximately 1 kilometer northeast of the Cobrasco Central drilling area. Reconnaissance mapping indicates the new molybdenum porphyry may represent a continuation of the primary mineralization intersected in drill…

Codelco to receive sustainability guidance from Aurubis

February 14, 2024February 14, 2024 Miners News

Europe’s largest copper producer Aurubis will provide Chile’s state-owned Codelco with technology and know-how to achieve more environmentally responsible mining practices at its operations, reported Reuters. The news agency said two companies plan more than 15 joint projects. Aurubis will provide Codelco with technical expertise including methods and equipment to reduce air and water emissions, measure and analyse pollution, and…

Antofagasta approves second Centinela concentrator

January 2, 2024January 2, 2024 Miners News

Copper miner Antofagasta has approved, after extensive review, a multi billion-dollar expansion of its Centinela operation in Chile, including a second concentrator that will add an estimated 170,000 copper equivalent tonnes annually. Initial construction and critical path works for the Centinela Second Concentrator project will begin immediately, with full construction expected to commence after definitive project finance documents have been…

First Quantum forced to halt Cobre Panama production

November 29, 2023December 1, 2023 Miners News

Canadian miner First Quantum Minerals has suspended commercial production at its flagship Cobre Panama copper mine in Panama after the country’s Supreme Court ruled its contract as unconstitutional, reported Reuters. President Laurentino Cortizo said in a televised address that “the orderly and safe closure of the mine” would begin as soon as the ruling was formerly published in the official…

Newmont completes Newcrest takeover

November 7, 2023November 7, 2023 Miners News

Newmont has completed the acquisition of Newcrest Mining to create the world’s leading gold company with robust copper production. The transaction strengthens Newmont’s position as a mining leader through the combination of high-quality operations, projects and reserves concentrated in low-risk jurisdictions, including 10 Tier 1 operations to support decades of safe, profitable and responsible gold and copper production. “Today marks…

Ero’s Tucumã on track for 2H24 start

October 24, 2023November 3, 2023 Miners News

Canadian-based Ero Copper has released the newest update of progress at its Tucumã project in Brazil, confirming that it is over 70% complete and on track for first copper production later next year. Reporting “excellent progress” at the site in Para state, officials said the planned mine’s capex is in line with its current guidance of approximately $305 million. Crews…

Peru copper rising: report

August 9, 2023August 9, 2023 Miners News

Copper production in Peru rose 21.8% in June compared to the same month last year, Reuters has reported, citing the country’s ministry of energy and mines. Production, according to the agency, hit 241,801 metric tons in the month, with output for the first half of the year up 17.6% thanks in part to June’s boost. The ministry added that production…

BHP, Chinese producers collaborate on sustainable value chain

April 4, 2023April 4, 2023 Miners News

BHP has signed a Memoranda of Understanding (MoUs) with China Copper and Daye Nonferrous – two of China’s leading copper producers – to develop a more sustainable and responsible copper value chain with the aim of supporting the world’s energy transition. Full story.

Water deal struck for Los Bronces

November 28, 2022December 5, 2022 Miners News

Anglo American said that, after talks and an agreement with a Chilean water desalination provider, it has secured the supply of desalinated water – which will meet nearly half of its needs – for its Los Bronces open-pit copper mine in the country. Anglo American base metals business CEO Ruben Fernandes said that the miner has a target to reduce…

Anglo’s Quellaveco marks first copper

July 15, 2022July 15, 2022 Miners News

Anglo American’s Quellaveco, which is set to increase Peru’s copper production by up to 10% in full operations, has marked the milestone of first copper concentrate production in the Moquegua region. The benchmark comes ahead of the mine’s receipt of its final regulatory clearance for commercial operations to begin. Mine development head Tom McCulley said the achievement was on time…