In an effort to strengthen its supply of copper in the United States, Rio Tinto said it is making several investments — totaling $918 million – at its Kennecott complex outside of Salt Lake City, Utah. Full story.
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Motheo copper mine produces first concentrate
Sandfire Resources said that its new Motheo mine in Botswana’s Kalahari Copper Belt has produced first copper concentrate with the introduction of ore to the SAG mill.
Read MoreCopper Mark teams with AIAG for responsible sourcing, production
The Copper Mark is collaborating with the Automotive Industry Action Group (AIAG) to back and encourage ethical, responsible sourcing and production of raw materials in the global supply chain.
Read MorePanama declines First Quantum more land
Panama Deputy Environment Minister Diana Laguna said the country will not allow Canadian miner First Quantum to expand the area of its existing copper mining operations, reported Reuters.
Read MoreSaudi Arabia to invest in mining assets
State-owned Saudi Arabian Mining Co. (Ma’aden) has agreed to form a joint venture with the kingdom’s sovereign wealth fund to invest in mining assets globally, reported Reuters. Ma’aden will own 51% in the venture while the Public Investment Fund will own 49%, the company said in a regulatory filing. The miner said the new venture’s strategy “will initially be to…
Read MoreFluor taking Greece for Skouries EPCM deal
Engineering group Fluor has been selected by Eldorado Gold subsidiary Hellas Single Gold Member for an engineering, procurement and construction management (EPCM) contract at the Skouries gold-copper operation in the Halkidiki Peninsula, Greece. Fluor’s scope of work includes infrastructure, non-process facilities, process area and tailings filtration. The contract, booked in the firm’s fourth quarter, is worth US$845 million. Fluor’s Vancouver…
Read MoreCopper ops up and moving at Anglo’s Quellaveco
Anglo American, following the receipt of final regulatory clearances and after successful testing, has started long-awaited commercial operations at its Quellaveco mine in Peru. Chief executive Duncan Wanblad said the mine, which is expected to produce 300,000 tonnes annually of copper equivalent volume on average over the first decade of life, could add as much as 10% to its global…
Read MoreLas Pelambres prepping for desalination plant start
Chilean miner Antofagasta has confirmed it will start operations at its new desalination plant – part of its $2.2 billion expansion of the Los Pelambres complex – this year, as facility construction is 86% complete and marine works are 87% done. The plant at the port of Punta Chungo, Los Vilos, was designed for water management amid an extensive drought…
Read MoreCourt upholds Rio Tinto land swap
In a 2-1 ruling, the 9th U.S. Circuit Court of Appeals has ruled that the federal government may give thousands of acres of land in Arizona to Rio Tinto for its Resolution Copper project, reported Reuters. Read full article.
Read MoreLas Bambas mine temporarily restarts after weeks-long shutdown
Fifty-one days after a group of indigenous communities in Peru commenced a protest on MMG’s Las Bambas copper mine because of the groups’ accusation of failed “social commitments,” the protestors have temporarily lifted the action.
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