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Xstrata ups Tampakan mineral resource estimate 9%
"MANILA, Oct 20 (Reuters) - Global miner Xstrata Plc (XTA.L) has boosted an estimate of mineral resources at its $5.2-billion Tampakan copper-gold project in the southern Philippines to 2.4 billion tonnes from 2.2 billion, the firm said on Tuesday."
ICMM launches Spanish version of Mine Closure Toolkit
ICMM is pleased to announce the formal launch of the Spanish language version of its Planning for Integrated Mine Closure: Toolkit at the 29th mining convention PerúMin, in Arequipa, Peru.
Teck cuts Highland copper production forecast
Teck Resources Ltd. has cut its 2009 and 2010 copper production estimate from Highland Valley by millions of pounds because of geotechnical issues, the company said Thursday.
The cuts will amount to about 35 million pounds in the second half of 2009 and 115 million pounds in 2010, reducing total production from all sources to less than 700 million pounds in 2009 and 755 million in 2010.
United Nations (UNCSD) review of mining
2010/2011*
* Transport
* Chemicals
* Waste Management
* Mining
* A Ten Year Framework of Programmes on Sustainable Consumption and Production Patterns
Copper production rises in Iran
Copper production rises in Iran
Tehran, June 1, IRNA – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported on Monday that the production level of copper has increased in Iran in recent years.
Jiangxi copper back to full output in June
Li Yihuang said Jiangxi Copper, which produced nearly 20 percent of China's refined copper output last year, would be able to meet its 2009 output target of 800,000 tonnes of refined copper despite the repair, which started in late December.
Spot copper TC/RCs around $50/T -Germany's Aurubis
HAMBURG, May 18 (Reuters) - Spot copper treatment and refining charges (TC/RCs) are believed to have fallen to about $50 a tonne and 5 cents a pound, Europe's largest copper producer Aurubis (NAFG.DE) said on Monday.
This was down from a TC/RC level of $75 a tonne and 7.5 cents a lb reported in March.
TC/RCs, the fees charged by smelters to refine copper concentrate into metal, are a key part of the global copper industry's revenues.
A special report on waste: Talking rubbish | The Economist
Entrepreneurs were queuing up to scour rubbish for anything that could be recycled. There was even talk of mining old landfills to extract steel and aluminium cans. And waste that could not be recycled should at least be used to generate energy, the evangelists argued. A brave new wasteless world seemed nigh.
But since then plummeting prices for virgin paper, plastic and fuels, and hence also for the waste that substitutes for them, have put an end to such visions. Many of the recycling firms that had argued rubbish was on the way out now say that unless they are given financial help, they themselves will disappear.
The Oil Drum: Europe | Minerals scarcity: A call for managed austerity and the elements of hope
If we keep following the ruling paradigm of sustained global economic growth, we will soon run out of cheap and plentiful metal minerals of most types.
BHP warns of falling copper output
BHP Billiton has warned that copper production at its majority-owned Escondida mine in Chile will fall by 30 per cent in the year ending June due to declining ore grades and electrical faults at the processing mill.
Technology opens promise of ocean mining
BOSTON - There's gold in the sea floor. Silver, copper, zinc and lead, too. The problem is, it's a mile or two underwater and encased in massive mineral deposits that layer a dark, mysterious world.
But new technology and worldwide demand have combined to make mining for these metals economically feasible for the first time. A breakthrough project is moving forward in New Guinea, and new rules to govern deep ocean mining will be set by an international authority this spring.
Mining cutbacks pave the way
The crunch point could come as early as 2011 or 2012 once surplus inventories from the current downturn are worked off.
Norddeutsche sees high copper demand in 2009-China Mining
Copper demand is likely to remain relatively strong in 2009 despite the world economic slowdown, the chief executive of Norddeutsche Affinerie, Europe's largest copper refinery, said on Wednesday.
Chile Codelco sees copper market normalizing in 2011
The supply and demand dynamic of copper should normalize around 2011, the chief executive of Chile's state copper giant Codelco, the leading world producer, said Monday.
Norddeutsche expects weaker Q1 2009
Copper smelter Norddeutsche Affinerie (NAFG.DE) expects sharply weaker results in its fiscal first quarter as lower copper prices trigger write-downs on inventories at its Cumerio unit, it said on Wednesday.
Sliding costs offer hope to mining sector
Costs for mining firms are sliding, a rare bright spot in a downturn that will help soften the effect of a crash in metals prices. However, some improved costs, such as labour, will be slow to appear.
Anti-mine film
"It brought out aspects of the controversy that I wasn't aware of," John Wallace said. "The impact of the environment and the impact on the Native American people."
Base metals supply overestimated
Forecasters may be overestimating the global supply of base metals, particularly zinc, Octagon Research said on Thursday, suggesting that hard-hit metal prices may rebound sooner than expected
Mining giant Freeport-McMoRan slashes more jobs
DENVER -- Freeport-McMoRan Copper & Gold Inc. said Wednesday it would suspend operations and lay off the bulk of its workers at a New Mexico mine, cut production estimates through 2010 and curb other costs as it struggles to cope with plummeting copper prices
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