mineral exploration project – commodity prices – mining stock- trade and market

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...

An earthquake in Chile is estimated to affect copper production, because Chile is one country that has a production capacity of copper is large enough. Copper mining company in Chile has signed several contracts for copper production to be in supply to several industrial sectors using copper. To know the effect of an earthquake in Chile for copper production, the following are comments from the analyst at Standard Bank.