BHP to spend up to $14bn in Chilean copper expansion
BHP, which owns and operates the giant ndida copper mine in Chile, said the company will need to invest between $10 and $14 billion at a capital intensity of $23,000 per tonne of copper ...
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China's fast-growing copper champion is reshaping global
The mine produced almost 394,000 metric tons of copper concentrate in 2023 and Chen said Zijin was considering a pathway toward 1 million tons of annual output — ambitious, given the continued ...
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Proposed UP copper mine hits roadblock over $50M grant
A proposed copper mine in the Upper Peninsula hit a roadblock Tuesday when the Michigan Strategic Fund referred a $50 million grant request back to a subcommittee.
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U.S. Gold Corp.: Wyoming Gold And Copper Mine Prospects Strongly Up
The Wyoming gold-copper mine in Laramie County will be a profitable asset for 10 years of operation, assuming gold and copper continue to trade well above the base case scenario.
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Copper Mining & Processing: Everything You Need to Know
Learn the basics of copper mining and processing. After being mined, copper must be processed extensively for use in everyday items. Skip to main content. 815-455-3222. Top Menu. About. ... Enormous machines dig up the ground in stair-stepped layers (called "benches") until the copper is extracted using drilling equipment and explosives ...
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South32 eyes Alaska's copper amid Trump policy …
The proposed mine is expected to produce more than 159 million pounds of copper, 199 million pounds of zinc, 33 million pounds of lead, 30,600 ounces of gold and 3.3 million ounces of silver over ...
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$50M in state funds for proposed UP copper mine clears …
A major point of concern is the potential for mine waste to escape into Lake Superior, less than two miles away from the mine site. But others see the mine as a lifeline for the region's struggling rural economy, including Marty Fittante, CEO of InvestUP, an economic development organization based in Marquette. "The Upper Peninsula is my home.
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China opens up copper blending business to private firms
China is the world's largest copper consumer but only the fourth biggest mined producer, meaning it has to import concentrate – a material produced from crushed copper ore which is later ...
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Chile's Pampa Camarones copper mine is up for sale
Chilean private equity fund Minería Activa has put its Pampa Camarones copper mine up for sale in the country's far north amid an ongoing price rally that saw the bellwether metal passing ...
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How is Copper Mined and Processed?
Stage 2: Mining the copper deposit. Once a deposit has been discovered, the copper bearing rock will need to be mined. Mining can occur as an open pit or underground mine. ... Electric vehicles (EVs): EVs use up to four times more copper than traditional combustion engine cars, making copper a critical resource for the transportation industry.
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Controversial copper mine subsidy among $300M approved …
The company hopes to mine 64.6 million pounds of copper annually, but it's not yet known where the metal would end up. Fittante said the new mine could return prosperity to a region that has lost schools, hospitals, downtown businesses and more amid a population exodus that is happening because the region's "present economic structure ...
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State aid stalls for UP mine
IRON MOUNTAIN — The Michigan Senate has adjourned for the year without taking action on a proposed $50 million grant for the controversial Copperwood mining project in Gogebic County just outside Porcupine Mountains Wilderness State Park. Copperwood Resources, Inc., a U.S.-based subsidiary of the Canadian company Highland Copper, sought …
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Mining rush brings hope, dread to Upper …
Last week, they announced a major discovery: Their very first bore hole revealed the telltale shimmer of copper and nickel sulfide ore — rocks that could potentially be mined, crushed and purified to make electric vehicle …
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Mining rush brings hope, dread to Upper Peninsula, amid …
The UP's mining legacy reaches back thousands of years. In the continent's earliest known example of metalworking, Native Americans began fashioning copper tools, jewelry and weapons at least 8,000 years ago from shallow deposits in the Keweenaw Peninsula. Settlers arrived in the 1600s and later set up industrial-scale mines, eventually ...
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Saudi state mining giant steps up search for copper
Saudi Arabia's state mining giant is ramping up its domestic search for copper — a key ingredient for the energy transition — soon after announcing plans to explore the country for lithium ...
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U.S. Capital Wealth Advisors LLC Purchases New Shares in iShares Copper
iShares Copper and Metals Mining ETF Trading Up 0.6 %. Shares of ICOP stock opened at $26.32 on Thursday. The company has a market capitalization of $47.38 million, a price-to-earnings ratio of -9 ...
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Copper mine could bring jobs to the U.P., but not …
Highland Copper Company plans to develop a $425 million copper mine in Gogebic County that will create 380 jobs for the region and generate $121 million in tax revenue over an 11-year lifespan.
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Freeport cranks up copper output as rivals scour for deals to …
Another is in Indonesia, where it is expanding Grasberg, the world's second-largest copper mine. Freeport is also hoping to negotiate an extension of its mining rights beyond 2041 with the new ...
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Teck earmarks up to $3.9 billion to boost copper output
Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK), Canada's largest diversified miner, plans to invest up to $3.9 billion over the next four years to increase its copper production to about ...
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Yukon Metals samples up to 3.49% copper at AZ property
Last week, Yukon Metals announced that it has identified several high-priority drill targets at the Birch project, where rock chip sampling returned values up to 2.42% copper and 14.1 g/t gold ...
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Public hearing draws on big questions about U.P. copper …
Copperwood Resources Inc., the U.S.-based subsidiary of the Canadian company Highland Copper, plans to dig an underground mine and process that ore nearby. It would …
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Saudi state mining giant steps up search for copper
The Scoop Saudi Arabia's state mining giant is ramping up its domestic search for copper — a key ingredient for the energy transition — soon after announcing plans to explore the country for lithium, the company's chief executive told Semafor.
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Nickel & Copper Mining in Michigan's Upper Peninsula
An underground, high-grade nickel and copper mine located in western Marquette County of Michigan's Upper Peninsula. The mine is expected to produce 440 million pounds of nickel, 429 million pounds of copper, and trace amounts of other …
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Timber, Iron Ore & Copper Mines
Stop in to examine pre-Columbian copper and stone implements, a replica of Ontonagon's Founder's Cabin, copper mining tools and displays. Among the exhibits is a model of the "Ontonagon Copper Boulder" so you can visualize how huge it is. Porcupine Mountains Wilderness State Park, Ontonagon. Michigan's largest state park preserves ...
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$50M in state funds for proposed UP copper mine clears …
Earlier this year the Michigan Strategic Fund approved a $50 million grant for a controversial copper mine in the Upper Peninsula. Now, the state House Appropriations …
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Faraday's Copper Creek drill results show resource
The $2.7 billion capex project contains 4.2 billion lb. copper, 74.6 million lb. of molybdenum and 15.5 million oz. of silver.
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Public hearing draws on big questions about U.P. copper mining
A map of the proposed mine site, submitted as part of Highland Copper's air use permit application. (Credit: Highland Copper Company Inc.) Deep public concern None of the 20-some people who spoke at a virtual public hearing last week supported the mine, and many said the air permitting process wasn't enough to protect the area or the people ...
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Stauber reintroduces bill to reverse mining ban near
Environmental groups immediately pushed back against Stauber's bill, arguing it would strip important protections from more than 225,000 acres of land, and open it up to a kind of mining that ...
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Freeport cranks up copper output as rivals scour …
Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company ...
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Underground Mine Tours
The Adventure Mine is a copper mine near Greenland, Michigan that operated from 1850 to 1920. During that time, miners removed more than 11 million pounds of native copper from the ground. We invite you to step back in time in the world's greatest copper district to experience one of Michigan's best-preserved historic mines.
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