copper

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.

Chalice Gold Mines has confirmed widespread platinum-group elements (PGE) mineralisation at the Julimar project in Western Australia.

OZ Minerals has reported strong production results for the March quarter despite COVID-19’s impact on the resources industry.

Sandfire Resources has reaffirmed its commitment to continue the Yerrida North joint venture in Western Australia with Great Western Exploration (GTE).

Rio Tinto has enforced a force majeure on copper cathode contracts for the Kennecott mine in Utah, the United States, after an earthquake last month caused an emergency shutdown at the smelter.

OZ Minerals has not experienced any production impacts at its mine sites, leading the company to retain its full year guidance despite deferring around $150 million in growth capital.

Cassini Resources has reported promising drilling results for nickel and copper mineralisation at the Yarawindah Brook Project in Western Australia. 

Chalice Gold Mines has discovered a high-grade nickel-copper palladium sulphide zone at its Julimar project in Western Australia.

BHP has awarded NRW Contracting with a $48 million airport upgrade contract at the Olympic Dam project in South Australia.

Global copper mine production is set for steady growth over the next nine years, according to a recent report by Fitch Solutions. 

BHP holds a favourable outlook for its products in the long-term, beyond the market’s mixed short-term sentiment.

IGO chief executive and managing director Peter Bradford expects the growing electric vehicle and renewable energy markets to have a strong influence on future nickel and copper prices.

For many years mining companies have been urged to improve how they collaborate in the industry and their supply chain through joint ventures and partnerships.