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Copper News

Cañariaco copper-gold porphyry project

15th December 2006 The Ca 

New JSE-listed companies reveal growing appetite for local mining investment

By: Jade Davenport     15th December 2006 The listing of nine mining-focused companies on the JSE this year is evidencethat the local bourse�s businessdevelopment initiative to attract companies to list in South Africa is yielding significant results. Traditionally, the Toronto Stock Exchange (TSX), Australian Stock Exchange and London�s... 

Copper-miner secures $583,8m loan for Zambia project

By: Nelendhre Moodley     13th December 2006 Copper miner Equinox Minerals has signed a $583,8-million bank debt facility for the construction and development of Lumwana project, located in the north-western province of Zambia. 

Gaby copper-oxide plant

8th December 2006 ABB has announced that it has won an order for the supply of rectifier systems for Codelco's Gaby plant. The aim of the Gaby project is to exploit and process copper oxide resources located in the Second Region of Chile, 120 km south of Calama and 203 km east of Antofagasta. 

Copper production from historic DRC mine may resume in April

By: Jade Davenport     1st December 2006 Toronto Stock Exchange-listed junior copper-miner Katanga Mining is set to resume production at the historically buoyant Kamoto copper mine, in the south of the Democratic Republic of Congo (DRC), by April next year. 

Frontier copper project

1st December 2006 The Frontier site is a greenfield development, with the advantage of being relatively close to significant existing mine developments in the Zambian Copperbelt. 

Kamoto mine redevelopment

24th November 2006 An independent feasibility study on the Kamoto mine has just been completed. The study confirms the proposed approach of a phased redevelopment and restoration of economically-viable operations within a very short time, with low capital costs relative to the restored-production capacity. 

Oyu Tolgoi mine

24th November 2006 An independent integrated development plan (IDP) has confirmed that Ivanhoe Mines' Oyu Tolgoi project in southern Mongolia has the potential to become one of the world's largest copper-and-gold producers. The study indicates that the mine will be capable of average annual production of over a... 

Oyu Tolgoi mine

17th November 2006 An independent integrated development plan (IDP) has confirmed that Ivanhoe Mines' Oyu Tolgoi project in southern Mongolia has the potential to become one of the world's largest copper-and-gold producers. The study indicates that the mine will be capable of average annual production of over a... 

First concentrate from Botswana copper project still expected in 2008

14th November 2006 Exploration and development company African Copper planned to start surface works and to erect a construction camp at its Dukwe project, in Botswana, ahead of obtaining a mining licence, which was expected by year-end. 

Galore Creek copper/gold/silver project

10th November 2006 The project will involve the construction of an openpit mining operation. The Galore Creek has a mineral resource of 13,75-million ounces of gold, 156,4-million ounces of silver and 12-billion pounds of copper-equivalent now in contained metal value to more than 40-million ounces of gold. 

Guelb Moghrein copper/gold project

10th November 2006 The Guelb Moghrein deposit consists of an openpit mineable, copper/gold deposit containing a measured and indicated resource of 23,7-million tons, grading 1,88% total copper and 1,41 g/t gold. 

SA gold miner mulling various development options for its massive copper-gold prospect in PNG

By: Laura Tyrer     10th November 2006 Africa’s third-largest gold producer Harmony is focusing its capital expenditure efforts for the next quarter on its Papua New Guinea (PNG) projects where it anticipates spending some R80-million during the December quarter. 

Anglo targets new area in South America

By: Keith Campbell     10th November 2006 Giant international mining group Anglo American is poised to start exploration activities in the far south of Peru. 

Lumwana copper project

3rd November 2006 Equinox Minerals owns 100% of the Lumwana copper project. Lumwana is covered by LML-49, a 1 355-km2 mining licence that hosts two large undeveloped copper-cobalt-uranium deposits, situated 7 km apart and named Malundwe and Chimiwungo. 

Guelb Moghrein copper/gold project

3rd November 2006 The Guelb Moghrein deposit consists of an openpit mineable, copper/gold deposit containing a measured and indicated resource of 23,7-million tons, grading 1,88% total copper and 1,41 g/t gold. 

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. 

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... 

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). 

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. 

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... 

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. 

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. 

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. 

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. 

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