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Global copper market in balance in 2015: Japan Mining Industry Association
Thu, 21 May 2015 03:56:00 +0100
Enjoy this exclusive slideshows treat TOKYO: The Japan Mining Industry Association (JMIA) expects the global refined copper market to be roughly in balance this year, which should lend support to prices, Shigeru Oi, chairman of the industry body ...

Chile strikes BHP Billiton copper project off development timeline
Wed, 20 May 2015 23:33:00 +0100
While BHP has prioritise the expansion of its massive Escondida copper mine in Chile in recent years, it has also signalled to investors its Spence Hypogene project in the north of the country could drive its supplies of the red metal over the medium term.

One Simple Graph: Copper At Constant Euro-Dollar Rate
Tue, 19 May 2015 10:47:00 +0100
The solution is removing currency-based changes from the price charts, resulting in one simple graph (OSG). I will try to make a mini-series on constant-currency graphs, covering all commodities. Today's patient is copper, which apparently is in an ...

Mongolia and Rio Tinto agree $5bn Oyu Tolgoi mine expansion
Tue, 19 May 2015 02:15:00 +0100
The deal allows Rio to take advantage of an expected upswing in metals prices, analysts said. The miner earlier this year took a more bullish view that copper prices would recover within the next two years, after years of cost-cutting amid plunges in iron ...

Base metals counter may remain under pressure, Copper 408-415 range
Sun, 17 May 2015 22:44:00 +0100
MUMBAI: Base metals counter may remain under pressure due to euro zone concerns and easing supply. Copper may move in the range of 408- 415. Production of refined copper in China fell 5.2 per cent from the previous month in April after producers limited ...

Copper River sockeye opening grounds price rockets on low supply
Fri, 15 May 2015 10:08:00 +0100
The first sign of yet another wild ride in sockeye hit with the Copper River opener on Thursday, as a disappointingly low harvest of 20,000 sockeye -- down from 30,000 last year -- sent the grounds price rocketing. I'm sick to my stomach right now, one ...

Chile: Copper bottomed
Mon, 27 Apr 2015 19:20:16 +0100
Facing higher costs and lower prices, copper producers are being asked to improve their environmental record

His baby's death and unfair arrest it was a heartbreaking night ...
Mon, 27 Apr 2015 03:50:00 +0100
So it proved in the final episode of the swashbuckling Seventies revival. Burdening Master Ross with another crisis involving the plummeting price of copper would not suffice, while our emotional turmoil about the smelting works had been exhausted.

Top copper mining executives speak in Chile
Fri, 17 Apr 2015 00:46:00 +0100
Reuters reported that top copper mining executives have flocked to Santiago, Chile, to discuss the state of the industry as companies' margins are pressed by a falling copper price that has forced the toughest cost cutting in years.....more

Codelco plans to raise copper output to 2 million tonnes by 2026
Thu, 16 Apr 2015 02:12:00 +0100
Reuters reported that Chilean state run copper miner Codelco expects its annual copper production to reach about 2 million tonnes by 2026 as it invests USD 25 billion in new mines and expansion projects to boost output.....more

Highlights-top Copper Mining Executives Meet In Chile
Tue, 14 Apr 2015 21:58:41 +0100
Top copper mining executives have flocked to Santiago, Chile, to discuss the state of the industry as companies' margins are squeezed by falling prices, which have forced the toughest cost-cutting in years. Productivity is a great challenge for the mining industry in Chile.

Column-as Copper Industry Meets In Chile, All Eyes On China: Andy ...
Tue, 14 Apr 2015 14:32:16 +0100
It's that time of year when the copper industry gathers for CESCO Week in Chile to chew the collective fat on what the future holds. Visible stocks have soared since the start of the year, particularly those held by the London Metal Exchange (LME), but the LME contract remains backwardated with over half of those stocks under the control of a single entity. In Chile this week the focus will be ...

Metso signs three-year life-cycle agreement with Kevitsa mine in ...
Tue, 14 Apr 2015 12:37:27 +0100
HELSINKI, Finland -- Metso has signed a three-year life-cycle service agreement with the Kevitsa copper and nickel mine in Sodankyla, Finland. Kevitsa is owned by First Quantum Minerals Ltd (FQM), a Canada ...

Zambia cabinet approves changes to mining royalties - presidency
Tue, 14 Apr 2015 07:53:36 +0100
Zambia's cabinet approved changes to controversial mining royalties on Monday after the finance and mines ministers proposed amendments, the president's spokesman said. "This follows extensive consultations with the mining industry in the light of significant changes in the fundamental assumptions upon which the law was based and the sudden fall in the price of copper," the presidency said in a ...

Antofagasta sees forecast global copper surplus disappearing in 2015
Tue, 14 Apr 2015 07:00:00 +0100
London-listed Antofagasta (LSE: ANTO.L - news) Minerals' newly installed chief executive sees the global copper market surplus practically disappearing this year due to kinks in output. What we've seen is that the surplus has been disappearing and we're probably talking about a market that is virtually in balance, Ivan Arriagada told Reuters in one of his first media interviews since assuming ...

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