Kipoi exceeds Tiger's expectations

ASX- and TSX-listed copper miner Tiger Resources has reported that the heavy media separation (HMS) plant at its Kipoi project, in the Democratic Republic of Congo, has been producing at 200% above its nameplate capacity. During May 12, the HMS...

Ivanhoe Australia says up to 8 bidders eyeing mine stakes

Gold and copper miner Ivanhoe Australia Ltd has received interest from up to eight bidders for stakes in its projects and may in the process end up with a new controlling stakeholder, said CEO Peter Reeve. Ivanhoe Australia, with a market value...

Altona waits on Xstrata to pull Little Eva trigger

A definitive feasibility study (DFS) into copper miner Altona Mining’s Little Eva development has proved positive; however, the miner said on Monday that the project financing would be dependent on diversified major Xstrata taking up a 51%...

Copper miner Grupo Mexico first-quarter profit rises 35%

Mexican copper miner and railroad operator Grupo Mexico reported on Wednesday a 35% jump in first-quarter profit compared to the same period a year ago, helped in part by higher production. Grupo Mexico said quarterly profit was about...

Simplified living space solutions provided for mine site accommodation

The speedykit, a simplified container conversion method has been incorporated into the product range of South Africa-based prefabricated site accommodation provider Speedspace.

KGHM clears Canada's net benefit test for Quadra bid

Ottawa has given Polish copper miner KGHM’s acquisition of Vancouver-based Quadra Mining the nod, clearing the way for the deal to close in the first week of March. The target firm’s shareholders voted in favour of the C$3-billion bid last...

Weatherly may extract resources at previously mined regions

Aim-listed copper miner Weatherly International is continuing investigations into exploiting the remaining resources by reopening previously mined areas of the company’s central operations Otjihase and Matchless mines, in Namibia. The mining...

Merged Glencore, Xstrata would take aim at iron ore

An $80-billion marriage of commodities trader Glencore and miner Xstrata could lead to a new round of takeovers in iron ore, creating a goliath eager to muscle its way onto one of mining's richest and most closely guarded industries. Glencore and...

Polish PGNiG, KGHM, PGE, Tauron join forces on shale gas

Poland's gas monopoly PGNiG said on Wednesday it will work with the country's largest copper miner KGHM and two top utilities PGE and Tauron, all state-owned, exploring for shale gas. The statement came after Warsaw said it wanted state-owned...

Oz ordered to clean up NT river copper concentrate spill

The Northern Territory safety regulator NT WorkSafe has ordered ASX-listed copper miner Oz Minerals to clean up a copper concentrate spill from the Edith river, following a train derailment late in December. A flash flood wiped out sections of a...

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...

MMG breaks ground on new WA openpit copper mine

Western Australia’s Mines and Petroleum Minister Norman Moore on Friday welcomed a $22-million investment from copper miner Minerals and Metals Group (MMG), which is expanding its Golden Grove openpit mine. The $22-million investment would...