copper

Glencore has been awarded a financial lifeline by the Queensland Government to extend the operation of its Mount Isa copper smelter and Townsville refinery beyond 2022. 

DGO Gold has expanded its land holding around a prospective copper target on the Stuart Shelf in South Australia, which also hosts BHP’s Olympic Dam and OZ Minerals’ Carrapateena deposits.

BHP has awarded local construction materials manufacturer Adbri a four-year contract extension at the Olympic Dam mine in South Australia.

Copper prices have continued to rise this week to almost $US6800 per tonne ($9345) as global concerns of a lack of supply continue.

Rio Tinto has started rotary air blast drilling at the Janice Lake sedimentary copper-silver project in northern Saskatchewan, Canada.

The Northern Territory Government has approved all 10 of Middle Island’s exploration licenses for the Barkly super-project.

Copper prices have rebounded this week as Chinese demand for the metal reached record levels during July.

With the COVID-19 pandemic outbreak catching multiple companies and entire industries off guard, it might be time for mining companies to re-assess their supply chain risks and build more resilience. Tara Hamid writes.

Chalice Gold Mines has discovered a “new style” high-grade copper-gold-PGE (platinum group elements) mineralisation at the Julimar project in Western Australia.

IGO has exceeded full-year production guidance for all metals at the Nova nickel-copper-cobalt mine in Western Australia, despite challenges caused by bushfires and the COVID-19 pandemic.

Copper prices have continued their resurgence, finishing yesterday’s trading on the London Metal Exchange worth $US6112.50 ($8781) a tonne.

The McGowan Government has amended its mining regulations to further support tenement holders seeking an expenditure exemption.

The University of Sydney has released a report that maps out how Australia’s copper mining operations can target zero emissions within the next 30 years.

OZ Minerals is set to acquire Cassini Resources, giving it complete ownership of the West Musgrave nickel-copper project in Western Australia.

OZ Minerals has signed a deal to export copper concentrate from its Carrapateena mine in South Australia through SIMEC Mining’s Whyalla Port.

Metals X has locked in a $32 million joint venture with IGO at the Paterson base metals exploration project in Western Australia.

Copper has risen to a three-month high of $US5700 ($8193) per tonne this week in a sign the base metal is bouncing back from its COVID-19 slump.

Legend Mining is honing in on what could be a potential Nova-style discovery, recording its best drill hole result so far at the Rockford project’s Mawson prospect in Western Australia.

The South Australian Government has advanced BHP’s proposal to increase copper production at the Olympic Dam mine from 200,000 to 350,000 tonnes per annum.

Legend Mining’s latest diamond drillhole results at the Rockford project in Western Australia have provided further evidence that a large mineralised system is present at the Mawson prospect.