Copper - Mining Companies Exploration and Investment News

Iron, Copper Mine Opens in Outback South Australia

August 27th, 2010 | File Under : Copper - Iron Ore - Mining Exploration

The company IMX Resources is officially opening its Cairn Hill mine in South Australia’s outback today.

The iron ore and copper mine is south of Coober Pedy and will directly employ 150 people and have a life of up to 20 years.

Premier Mike Rann will be at the opening – an event the company’s managing director, Duncan McBain, says proves that South Australia has a strong future in the resource sector.

“We’ll mine down to about 120 metres below ground level in two small pits,” Mr McBain said.

“Potentially it could go underground...

Zambia’s Copper Output Down In January 2009 Closures Mine

March 17th, 2010 | File Under : Aluminium - Companies - Copper - Mineral Exploration - Mining Exploration

Copper production in Zambia, Africa’s largest copper producer, fell 13 percent in January 2010 compared with January 2009 due to earlier mine closures but analysts said there were good prospects for higher output.

Zambia has previously said copper production could hit 1.0 million tonnes by 2011 as new mines come on stream and expansions and upgrades take place at existing mines.

Its copper production declined to 54,518 tonnes in January this year from 62,621 tonnes in the same month last year, the central bank said on Tuesday.

Copper exports in January 2010 increased...