COPPER
COPPER
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,...
COPPER
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
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%...
COPPER
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...
COPPER
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...
COPPER
Rio Tinto venture makes strategic investment in Regulus Resources
Nuton, a Rio Tinto venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources for $15 million.
Nuton’s technologies have the potential to process arsenic-bearing copper sulphides with a lower carbon footprint and...
COPPER
Chilean company develops AI-powered technology to detect failures in large-tonnage mobile mining equipment
Chile’s National Piloting Center (CNP), a non-profit organization linked to the Production Development Corporation, has selected mining equipment monitoring technology Vitech as the winner of the Impact Mining 2022 contest, which will grant almost $30,000 to the creators of...
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