Sumitomo Metal Mining Co., Japan’s second-biggest copper producer, may maintain a production cut of 10 percent in the year from April 1 because of lower processing fees,...
The price of copper has jumped to the highest level in five weeks after the huge earthquake in Chile. Prices on futures of the metal traded...
Zambia’s largest mineworkers’ union said on Monday it had agreed on wage increases with some of the country’s top mining firms, averting possible strikes by workers that would have dented output.
Mining unions in Zambia, Africa’s leading copper producer, last month threatened to go on strike if mining companies did not give members pay increases above the country’s inflation rate, which slowed to 9.6 percent year-on-year in January.
Zambia’s Lumwana Mining Co. Ltd., a unit of Equinox Minerals Ltd plans to raise copper output through greater efficiency and also plans to build a uranium plant, its managing director said on Wednesday.
Adam...
Copper Mountain Mining Corporation announces that the mobile mining equipment fleet for the Copper Mountain Project has been ordered with deliveries to match the mining plan. The Company has placed orders through SMS Equipment for more than $70 million worth of Komatsu mobile mining equipment to be delivered in stages over the next 18 months. Preproduction mining is scheduled to start in June 2010.
Freeport McMoRan Copper & Gold Inc. will add up to 250 jobs over the next year as it resumes copper mining at Miami, the company said Tuesday.
The Phoenix-based mining giant said it has already started moving mining equipment to the Miami mine and will begin hiring this quarter.
Weaker demand for industrial metals copper, lead copper prices fell. Another factor affecting the fall of copper prices on the decline in trading Friday on investor confidence and economic recovery programs quarterly results from U.S. banks.
Konkola Copper Mines spokesman reported, KCM mining company has returned to the exploration and production at Nchanga copper smelter. Konkola Copper Mine copper production capacity of 300,000 tons per year.
