Latin America key to Xstrata 60% copper growth target

Swiss-listed diversified miner Xstrata said on Tuesday that the expansion of its copper projects in Latin America would be fundamental to achieving its 60% copper-output growth over the next three years. Speaking at the first day of the 2012...

Copper miners see H1 output ebb, H2 pickup

Stubbornly dwindling ore grades and disruptions are seen cutting copper supply in the first half of this year, potentially driving spot treatment and refining charges (TC/RCs) lower, but key miners expect output to rebound in the final six months...

Origin buys 51% stake in Xstrata’s Chile clean energy project

ASX-listed Origin Energy has partnered with Xstrata Copper to pursue a clean energy project, in Chile. Origin on Wednesday reported that it would acquire a 51% interest in hydroelectric development firm, Energia Austral, from Xstrata Copper.

Xstrata sees big copper growth in South America

The copper division of diversified miner Xstrata has announced an increase in the mineral resource at its Las Bambas and Corroccohuayco projects, in southern Peru and at El Pachón in Argentina. “Our significant and expanding mineral resource...

Xstrata eyes benefits from global copper supply woes

Xstrata, the world's fourth-largest copper miner, expects to benefit from supply troubles hitting the metal globally, it said on Tuesday, as it reported increased resources and said its own key projects were on track and on schedule. A drastic...

Company Announcement: Xstrata announces further significant increases to mineral resources in South America

Xstrata Copper announces significant increases to total Mineral Resources at the Las Bambas and Corroccohuayco projects in southern Peru and at El Pachón in Argentina from ongoing focused exploration and Mineral Resource expansion programmes in...

Xstrata, Goldcorp and Yamana announce Agua Rica pact

Toronto-based Yamana has signed an agreement with Xstrata Copper and Goldcorp that would facilitate the ultimate integration of its Agua Rica project in Argentina into Minera Alumbrera. Minera Alumbrera is a joint venture between Xstrata Copper,...

Xstrata, Peru ink contract for $4,2bn copper mine

Xstrata Copper is on track to start construction at its Las Bambas project, in Peru, in a year's time, after receiving mining titles for the operation by the Peruvian government on Thursday. President Alan Garcia, Xstrata Copper CEO Charlie...

Xstrata approves $1,47bn copper mine in Peru

Diversified miner Xstrata has approved $1,47-billion in capital expenditure to develop the Antapaccay copper project, in southern Peru, which forms part of the group’s overall strategy to grow its copper output by 50% to just under 1,5-million...

Philippines election result won't likely mean good news for mining

That two of the world’s biggest miners, BHP Billiton and Anglo American, recently decided to bail out of the Philippines does not bode well for the country’s mining industry. And the impending outcome of the recent elections in the country,...

Copper project pipeline insufficient to meet demand – Xstrata

Copper supply would fall up to one-million tons short in 2009, while economic growth in the developing world would continue to boost demand for copper, base-metals miner Xstrata Copper CE Charlie Sartain said in an investor presentation on...

Daily podcast – December 3, 2009

Xstrata Copper will invest $542-million to extend the life-of-mine of its Ernest Henry Mining operations to at least 2024; and Aurora Empowerment Systems secures its fourth gold-mining asset.