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Base Metals News

Omai Bauxite mine, South America 

By: Carla Thomaz     27th October 2006 Name: Omai bauxite mine. Location: The Omai bauxite operation is located 100 km south of Georgetown, Guyana, South America. Brief history: The Guyana bauxite industry stagnated in the 1950s, returning only in 1960 through the production of refractory A-grade super-calcined bauxite. Until 1971,... 

Konkola Deeps copper-mine project

27th October 2006 The project will involve the slipping and blind sinking of the VS3B shaft from the current depth of 594 m to 1 488 m below the surface, and enlarging the shaft diameter to 10,74 m. A new twin-module concentrator, using semiautogenous grinding and ball milling will be constructed to replace the... 

Deep-sea mining vessel

27th October 2006 Nautilus Minerals has announced that it has entered into a heads of agreement with Belgium-based Jan De Nul, to construct a specialised deep-sea mining vessel for Nautilus's Solwara project, in Papua New Guinea. 

Commodity specialist calls base-metals peak

By: Irma Venter     20th October 2006 London-based commodity specialist Natexis Commodity Markets (NCM), part of the French group Natexis Banque Populaires, notes that the base-metal market has peaked and that some metal prices are expected to fall going into 2007. 

Ruashi copper/cobalt project

20th October 2006 The project will entail the exploitation of the Ruashi and Etoile stockpiles and orebodies. The project site is about 10 km from Lubumbashi in the southern DRC. 

Konkola Deeps copper-mine project

20th October 2006 The project will involve the slipping and blind sinking of the VS3B shaft from the current depth of 594 m to 1 488 m below the surface, and enlarging the shaft diameter to 10,74 m. A new twin-module concentrator, using semiautogenous grinding and ball milling will be constructed to replace the... 

Roseby copper/gold project

13th October 2006 The proposed project involves the establishment of a copper/gold mine in North Queensland, Australia and is based on a stand-alone mining and processing operation, processing eight-million tons of ore a year over a nine-year mine life. Roseby has a total resource base of 860 900 t of contained... 

Konkola Deeps copper-mine project

6th October 2006 The project will involve the slipping and blind sinking of the VS3B shaft from the current depth of 594 m to 1 488 m below the surface, and enlarging the shaft diameter to 10,74 m. A new twin-module concentrator, using semiautogenous grinding and ball milling will be constructed to replace the... 

Dukwe project

6th October 2006 The project will entail the development of the Dukwe openpit mine (in phases) to produce about 15 000 tons of copper a year. The mine will be developed as an openpit to extract near-surface oxide ore amenable to heap leaching and later to be supplemented by underground mining of the sulphide ore... 

Roseby copper/gold project

6th October 2006 The proposed project involves the establishment of a copper/gold mine in North Queensland, Australia and is based on a stand-alone mining and processing operation, processing eight-million tons of ore a year over a nine-year mine life. Roseby has a total resource base of 860 900 t of contained... 

McArthur River zinc and lead mine expansion project

6th October 2006 McArthur River Mine (MRM), near the Gulf of Carpentaria, in the Northern Territory of Australia, is one of the world's largest zinc and lead deposits. Underground mining, however, is no longer viable at MRM and the development of an open-cut operation is the only way to access MRM's significant... 

New target

By: Jade Davenport     29th September 2006 North-western Mozambique has become the newest greenfields exploration target for Aim-listed platinum junior African Platinum (Afplats). 

McArthur River zinc and lead mine expansion project

29th September 2006 McArthur River Mine (MRM), near the Gulf of Carpentaria, in the Northern Territory of Australia, is one of the world's largest zinc and lead deposits. Underground mining, however, is no longer viable at MRM and the development of an open-cut operation is the only way to access MRM's significant... 

McArthur River zinc and lead mine expansion project

15th September 2006 McArthur River Mine (MRM), near the Gulf of Carpentaria, in the Northern Territory of Australia, is one of the world's largest zinc and lead deposits. Underground mining, however, is no longer viable at MRM and the development of an open-cut operation is the only way to access MRM's significant... 

Boliden shares fall, company denies BHP Billiton bid

By: Bloomberg     13th September 2006 Shares of Boliden AB, Europe's third-largest copper refiner, fell after CEO Jan Johansson denied a report in Dagens Industri that the company had received an offer from BHP Billiton Ltd. 

The last time inventory levels got this low, the world was bailed out by the collapse of the USSR

By: Helene Le Roux     8th September 2006 BHP Billiton CEO Chip Good-year suggests that decreasing inventory levels on the London Metals Exchange (LME) could be taking the world into uncharted territory, with little prospect of a bail-out. 

Ruashi copper/cobalt project

8th September 2006 The project will entail the exploitation of the Ruashi and Etoile stockpiles and orebodies. The project site is about 10 km from Lubumbashi in the southern DRC. 

Gibraltar mill-expansion project and solvent extraction/electrowinning (SX/EW) plant restart

8th September 2006 The project will involve the expansion and upgrade of the concentrator facility at the Gibraltar mine. This project will result in a 30% increase in annual metal production capacity and a 10% reduction in Gibraltar's site-unit operating costs by the end of 2007. 

Zambia copper project could offer uranium credits

8th September 2006 Australian miner Equinox says the uranium potential of its emerging $800-million Lumwana copper mine, in Zambia, is being re-evaluated, but adds that it will not detract from the company's core copper focus. 

Zambia copper back to 1970s heyday by next year, govt official predicts

By: Martin Creamer     7th September 2006 Zambia's copper production would be up to heyday Seventies levels next year, Zambia's permanent secretary Lennard Nkhata said on Thursday. Nkhata predicted a production of 700 000 t at the end of 2007 when the new large Lumwana copper mine would be brought on stream. He said that the situation... 

Miner fast-tracking Burkina Faso zinc project

7th September 2006 ASX-listed Aim Resources hopes to slash the expected start-up time of its Perkoa zinc project, in Burkina Faso, by up to 12 months, and mining is expected to start in mid-2007, MD Marc Flory said on Thursday. 

Metorex pursuing strong copper expansion, exploration programme

By: Jade Davenport     1st September 2006 With the recent shedding of its coal asset Wakefield Investments last month, diversified mid-tier mining house Metorex is embarking on a strongly copper-cobalt orientated expansion strategy in the central African region. 

Perkoa zinc project

1st September 2006 Aim Resources plans to develop the first zinc mine in West Africa. The feasibility for the Perkoa zinc project has been completed and the report indicates that the mine should produce 116 000 t/y of zinc concentrate for 14 years. 

Perseverance zinc mine project

1st September 2006 The project will involve the development of a zinc mine. Perseverance has measured and indicated resources of 5,1-million tons grading 15,8% zinc, 1,24% copper, 29 g of silver a ton and 0,38 g of gold a ton. 

Exports of aluminium scrap to China undermining beneficiation goal

By: Laura Tyrer     25th August 2006 Local scrap aluminium beneficiation is losing out as a result of China’s duty free import of scrap aluminium and taxation on imported aluminium ingots, says Aluminium Federation of South Africa (AFSA’s) Dr Tony Paterson. 

Tenke Fungurume copper/cobalt project

25th August 2006 The Tenke Fungurume copper/cobalt deposits comprise one of the world's largest known copper/cobalt resources and are capable of being developed into a large-scale, long-life low-cost mine. 

Perkoa zinc project

25th August 2006 Aim Resources plans to develop the first zinc mine in West Africa. The feasibility for the Perkoa zinc project has been completed and the report indicates that the mine should produce 116 000 t/y of zinc concentrate for 14 years. 

Anglo confirms strong project pipeline, commits $154m to global exploration

By: Jade Davenport     18th August 2006 Diversified mining house Anglo American has announced plans to focus greater attention on a strong project pipeline, which is estimated to be worth $6,2-billion, as well as concentrating on a global exploration strategy that currently spans 33 countries. 

Mount Isa zinc-lead concentrator revamp project

18th August 2006 Xstrata Zinc has announced two projects to upgrade the zinc-lead concentrator at Mount Isa and expand the production of zinc concentrate. The first project involves the use of second-hand equipment, sourced from Xstrata Zinc's George Fisher mine and abroad to increase existing throughput capacity... 

Metorex streaks to under-12-month completion of DRC copper-cobalt plant

By: System Author     15th August 2006 Johannesburg Stock Exchange-listed miner Metorex had completed construction of its copper-cobalt Ruashi phase one processing plant in the Democratic Republic of Congo in under 12 months, the company said in a media release on Tuesday. 

Cerro Casale project

11th August 2006 Cerro Casale is one of the world's largest undeveloped gold and copper deposits, with a mineral reserve (100%) of 1,035-billion tons containing 23-million ounces of gold and 6-billion pounds of copper, with an average grade of 0,69 g/t of gold and a copper grade of 0,25%. 

Copper flash smelting plant

4th August 2006 The Environmental Council of Zambia (ECZ) has approved a new flash smelting plant for Konkola Copper Mines (KCM), which will produce 300 000 t of finished copper a year. 

Kinsenda restart project

4th August 2006 Copper Resources Corporation (CRC) has started construction of its processing plant at the Kinsenda underground mine. The plant will treat 1,2-million tons of 5,1%-grade Kinsenda ore to produce, at full capacity, 54,000 t/y of contained copper in the form of a rich, 45% concentrate. 

Ghana bauxite mine and alumina refinery

28th July 2006 Alcan and the Republic of Ghana have signed a memorandum of understanding to form a joint venture to explore the feasibility of developing a bauxite mine and alumina refinery, with an initial capacity of 1,2-million to 1,5-million metric tons a year. 

Kinsenda restart project

28th July 2006 Copper Resources Corporation (CRC) has started construction of its processing plant at the Kinsenda underground mine. The plant will treat 1,2-million tons of 5,1%-grade Kinsenda ore to produce, at full capacity, 54,000 t/y of contained copper in the form of a rich, 45% concentrate. 

Ruashi copper/cobalt project

28th July 2006 The project will entail the exploitation of the Ruashi and Etoile stockpiles and orebodies. The project site is about 10 km from Lubumbashi in the southern DRC. 

Ghana bauxite mine and alumina refinery

21st July 2006 Alcan and the Republic of Ghana have signed a memorandum of understanding to form a joint venture to explore the feasibility of developing a bauxite mine and alumina refinery, with an initial capacity of 1,2-million to 1,5-million metric tons a year. 

Kinsenda restart project

21st July 2006 Copper Resources Corporation (CRC) has started construction of its processing plant at the Kinsenda underground mine. The plant will treat 1,2-million tons of 5,1%-grade Kinsenda ore to produce, at full capacity, 54,000 t/y of contained copper in the form of a rich, 45% concentrate. 

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