copper

The University of Adelaide will lead a $14.6 million research consortium to develop technologies designed to increase copper production in South Australia.

KGL Resources plans to raise up to $12.4 million to accelerate its exploration program at the Jervois copper project in the Northern Territory.

Copper prices have rebounded following an advantageous sell-off last Friday that saw copper fall 3 per cent and zinc 3.1 per cent respectively on the London Metal Exchange.

Red River Resources has launched production at the Thalanga zinc operation in Queensland as prices for the metal have risen by about 20 per cent this year.

Western Australian miner Sandfire Resources has continued its strong performance at the DeGrussa copper-gold operation a year on from winning the coveted Mine of the Year accolade at the 2016 Prospect Awards.

Australia’s mining industry continues to spend more on exploration after several years in the doldrums for the sector.

BHP is confident the heap leach extraction technology it is testing at Olympic Dam has the potential to help lift the mine’s annual copper production to more than 450,000 tonnes, three times its guidance for the 2018 financial year.

MOD Resources plans to double its exploration budget at the Botswana copper project to $10 million.

The Northern Territory Government has granted KGL Resources an additional mining lease for it Jervois copper project, extending its production area.

NRW Holdings has reported that its participation in the early contractor involvement process at OZ Minerals’ Carrapateena copper-gold project in South Australia is nearing completion and it is now finalising contract negotiations.

OZ Minerals has given development of the $916 million Carrapateena copper-gold mine in South Australia the go ahead.

Australian junior Hammer Metals has formed a joint venture (JV) with Glencore after acquiring AuKing’s interest in properties at Mount Isa in Queensland.

BHP will spend $US2.46 billion ($3.12 billion) extending the life of the Spence open cut copper mine in Chile by more than 50 years.

Metals X has suspended underground operations at the Nifty copper mine in Western Australia to undertake remedial repairs.

Australian private equity firm EMR Capital plans to acquire Vale and African Rainbow Minerals’ (ARM) stake in the Lubambe copper mine in Zambia.

Heron Resources has ordered several items of equipment critical for the development of the Woodlawn zinc-copper project in New South Wales.

Anglo American is prepared to play a major part in redesigning the future of mining.

Terramin subsidiary Terramin Exploration (TEL) has entered a joint venture agreement with Environmental Copper Recovery (ECR) for the potential development of a new copper project in Kapunda, South Australia.

Anglo American has taken control of the Star Mountains copper-gold project in Papua New Guinea.

BHP plans to spend $350 million revamping its Olympic Dam smelter operations in a move that will see the South Australian mine’s copper production fall.