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Hana Mining reveals one of Africa`s largest silver and copper districts
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Canada's junior explorer Hana Mining CEO Mareck Kreczmer believes his company has on its hands part of one of the largest copper and silver deposits in Africa that can rival the Zambian copper belt.
The greening of manufacturing
"Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies."
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Leading European industrialists believe the future of manufacturing on the continent will increasingly revolve around green products, often backed by government subsidies.
BHP chief says big mining will meet demand
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Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
KGHM 2010 copper production to exceed 502,000 tonnes
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Polish miner KGHM (KGHM.WA: Quote) Europe's No. 2 copper producer, expects to boost 2010 production above the 502,000 tonnes forecast for this year, its chief executive said on Tuesday.
Cochilco raises 2009 average copper price outlook to $2.30/lb but trims output forecasts
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Chile's state copper think tank, Cochilco, on Wednesday raised its 2009 average copper price outlook to $2.30 per lb from $1.95, but slightly trimmed its 2009 copper output forecast to 5.38 million tonnes.
The think tank also raised its copper price forecast for 2010 to an average of $2.70 per lb from $2.10 per lb, citing dynamic Chinese demand and expectations of a recovery of developed economies from global crisis.
China may re-export copper stockpiles
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Copper stockpiles held in duty-free warehouses in China, the top user, may be re-exported after surging to as much as 350,000 tons from almost none at the start of the year, according to Xi'an Maike Metal International Group.
"We can hardly find buyers for refined copper," said Luo Shengzhang, general manager of the copper department at Xi'an Maike. The company ranks among the country's three biggest importers, according to the executive. "China's got to export some copper from now and next year," Luo said in an interview.
Carbon-free copper smelting technology
"Recently, carbon-free copper smelting technology, a technology with full independent intellectual property rights, has passed expert examination organized by China Nonferrous Metals Industry Association (CNIA) in Dongying, Shandong province. It is the first time zero-carbon emissions in the copper melting process has been realized and also opens a new gate for low-carbon development of China's nonferrous metals industry."
Southern Copper CEO Sees Return to $4 Copper on U.S. Demand
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Nov. 4 (Bloomberg) -- Copper prices may rebound to $4 a
pound next year because of recovering economic growth in the
U.S. and Europe and a lack of new supply, Southern Copper Corp.
Chief Executive Officer Oscar Gonzalez Rocha said.
Shakeel Ahmed is new Hindustan Copper chief
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Kolkata, Oct 28 : Public sector undertaking Hindustan Copper Wednesday said Railway Board advisor Shakeel Ahmed will be its next chairman and managing director.
Kores, LS-Nikko To Buy 20% Stake In Panama Copper Mine
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SEOUL -(Dow Jones)- State-run Korea Resources Corp., or Kores, said Thursday
it and LS-Nikko Copper Inc. have signed a contract to jointly buy a 20% stake in
the Petaquilla copper mine inPanama .
Anglo American 3Q Copper, Iron Ore Output Rise
"Anglo's copper production rose 13.4% to 168,500 tons from 148,600 tons."
BHP warns over sustainability of demand for raw materials
"BHP warns over sustainability of demand for raw materials
BHP Billiton, the miner that sells 19 different commodities from...materials had returned.In its quarterly production report, BHP noted that China, the driver of the rally in metals prices...offset this, such a sequence of events should not be expected, BHP said.It added: "In spite of the low metals inventories in...
Oct 22 2009, By William MacNamara in London and Peter Smith in Sydney, Financial Times"
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