Chile regulator approves $19m environment plan at KGHM copper mine 2016-09-27Chile's environmental regulator said on Tuesday it has approved a $19.1-million mitigation plan presented by KGHM's Sierra Gorda copper mine, after it found nine infractions at the operation. In March, the SMA environmental regulator pressed charges against Sierra Gorda, saying the copper mine could be fined up to $29-million and have its license revoked, for committing seven "serious" and two "mild" environmental infractions.
Poland's KGHM H1 net below forecasts on foreign asset losses 2016-08-17Poland's KGHM on Wednesday reported a bigger than expected fall in net profit in the first half of 2016 on the back of losses on its foreign assets driven by rising costs and falling copper prices. The state-run miner, which is Europe's No 2 copper producer, reported a 75% fall in its consolidated net profit to 296-million zlotys ($77.57 million), while analysts had expected the result to come in at 406-million zlotys.
Abacus Announces Filing of Updated Feasibility Study for Ajax Copper-Gold-Silver Deposit 2016-02-24
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 23, 2016) - Abacus Mining & Exploration Corporation ("Abacus" or the "Company") (TSX VENTURE:AME) announces that the updated feasibility study (the "updated FS") for the Ajax copper-gold-silver deposit entitled "Ajax Project, NI 43-101 Technical Report, Feasibility Study Update" dated February 19, 2016 has been filed on Sedar (www.sedar.com) and the Company's website at www.amemining.com.
Sierra Gorda copper mine in Chile begins commercial production 2015-07-01Sumitomo Metal Mining (SMM), Japan's second-largest copper producer, said on Wednesday the Sierra Gorda mine in Chile that it owns jointly with Polish producer KGHM Polska Miedz began commercial production at the end of June. The mine had been operating for more than 60 days at 65% of its designed capacity as of the end of last month, six months behind its schedule for establishing commercial output, the company's spokesperson Hirokazu Miyauchi said.
General 2015-05-10The Carlota Mine is a heap leach -- SX-EW operation in the west end of the Miami-Globe mining district of east-central Arizona. Carlota was discovered in the 1990's and came to be one of the first copper mines designated and permitted under modern environmental legislation. Owned entirely by KGHM International Ltd., the mine was commissioned in late 2008 and has produced an average of 25 million pounds of cathode copper annually for the last four years. Carlota has been implementing a mine-for closure plan which optimizes cash flow while advancing activities related to the winding down of operations. This plan is consistent with the life of mine objectives as described in the Carlota permits which called for a staged closure plan during the last years of mining. The mine's timeline for closure is in accordance with current permits and Arizona environmental regulations. Time and attention is spent on closure to ensure an end-used mined land to be reused for other purposes.
Nearby Location News
Copper Fox Announces Results of Permitting Analysis on the Van Dyke Copper Deposit 2016-08-03
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 3, 2016) - Copper Fox Metals Inc. ('Copper Fox' or the 'Company') (TSX VENTURE:CUU)(OTC PINK:CPFXF), through its wholly owned subsidiary Desert Fox Van Dyke Co., is pleased to provide the results of an analysis prepared by NV5 Inc. related to the permitting process for the Van Dyke in-situ leaching copper project located in Miami, Arizona.
Capstone Files Technical Report for Pinto Valley Pre-Feasibility Study 2016-02-24
VANCOUVER, British Columbia, Feb. 23, 2016 /PRNewswire/ -- Capstone Mining Corp. ("Capstone") (TSX: CS) has today filed on SEDAR a National Instrument 43-101 compliant technical report titled "Pinto Valley Mine Life Extension – Phase 3 (PV3) Pre-Feasibility Study",...
Pinto Valley life increases 2016-01-18… but cost profile doesn’t stack up at today’s copper prices
Capstone Mining 2015 Production Results 2016-01-13
VANCOUVER, British Columbia, Jan. 13, 2016 /PRNewswire/ -- Capstone Mining Corp. ("Capstone") (TSX: CS) today announced production results for the three and twelve months ended December 31, 2015. Combined production totalled 26,000 and 92,900 tonnes of copper in the fourth quarter and...
Copper Fox Files Van Dyke Technical Report on SEDAR 2015-12-24
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 24, 2015) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU)(OTC PINK: CPFXF) and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to report that it has filed on SEDAR a National Instrument 43-101 ("NI 43-101") technical report related to the Preliminary Economic Assessment ("PEA") on its Van Dyke copper project located in Miami, Arizona. The Technical Report titled "NI 43-101 Preliminary Economic Assessment Technical Report for the Van Dyke Copper Project" dated December 18, 2015, was prepared by Moose Mountain Technical Services ("MMTS"). The authors of the report are James (Jim) H. Gray, PEng, Tracey D. Meintjies, PEng, and Susan C. Bird, MSc, PEng of MMTS who are "Qualified Persons" as defined by NI 43-101 standards. The PEA for the Van Dyke project was disclosed in a previous news release dated November 25, 2015.