ACHEMA MIDDLE EAST

COPPER

Ero signs deal to earn into Vale’s Brazilian copper project

Ero Copper, a Canadian copper producer, has reached an earn-in deal with Vale Base Metals’ Salobo Metais to acquire a 60% stake in its Furnas copper project in Brazil. As per the agreement, Ero Copper will earn the stake after...

Amaroq secures two mineral exploration licences in Greenland

Amaroq Minerals has been awarded two new mineral exploration licences, covering a total area of 1,916.81km², by the Government of Greenland. The licences increase the company’s total land package in Greenland to 9,785.56km², making Amaroq the largest mineral exploration licence...

Peru’s Minsur plans $2bn investment to boost copper and tin output

Peruvian mining company Minsur is planning to boost its copper and tin production in the country with an investment of at least $2bn (7.39bn sol) over the next five years, reported Reuters, citing an executive. As part of the plan,...

Vale starts load tests at iron ore briquette plant in Brazil

Vale has commenced load tests at the first iron ore briquette plant at the Tubarão Unit in Vitória, Brazil. The plant is expected to help reduce greenhouse gas (GHG) emissions from the steel industry. Vale said the tests form part of...

Copper Price Plummets Below $8,000 After Lockdowns In China

On Wednesday, the price of copper dropped below $8,000 per tonne, marking its first decline since November, as the hopes for a rapid recovery in China's economy diminish. Copper futures for delivery in July experienced a decrease of 2.74%...

Marimaca Copper infill drilling yields best results to date at oxide deposit in Chile

Marimaca Copper has released the final batch of reverse circulation (RC) drill results from last year’s infill drilling campaign at the Marimaca oxide deposit (MOD) in northern Chile, including the best copper intersection drilled to date on a grade-times-width...

Majuba Hill reports significant copper mineralisation at Porphyry project

Majuba Hill Copper released on Monday the latest drill results on its namesake property in western Nevada.  The company reported that 2022 core holes MHB-27 and MHB-28 intersected over 1,000 feet (304.8 meters) of plus 0.25% copper equivalent mineralization at...

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