Copper – Codelco’s plan to spend nearly $4 billion to convert its Chuquicamata open-pit copper mine into an underground mine should pay off for the world’s largest producer of the red metal.
Articles Tagged "underground mining"
Copper – African Copper Plc (LON:ACU) announces receipt of a Mining Licence from the Botswana Government for its Thakadu copper-silver deposit some 80 km from the Company's Mowana Mine in the north east of the country.
Gold Investing News reports gold prices rised to over $900 an ounce and a little Quebec town is sitting on a gold mine. The streets of Malartic in northwestern Quebec may not be paved with gold, but the ground underneath them is. Some time next year, Osisko Mining Corp. plans to start ripping up those [...]
Overview Allana controls potash concessions covering 150 km2 in the Danakil Depression. The property has an Inferred Mineral Resource of 105,200,000 tonnes with a composite grade of 20.8 % KCl. The unique environment at Dallol suggests low CAPEX and OPEX may be achievable using solution mining, solar evaporation and geothermal energy. What we like about [...]
Coal Investing News reports coal prices are at the bottom however with the credit markets working, the only way is to go up. While US President Barack Obama’s cap-and-trade anti-emissions policy may sound scary for coal, Joy Global CEO Mike Sutherlin is not nervous and looks to China for huge demand. China is “doing everything right” with [...]