Rio Tinto has announced a major growth plan for its Kennecott copper complex outside of Salt Lake City, Utah – an expansion to mining that will also take its efforts underground, which it said holds “potential for significant and attractive underground development.” The miner has earmarked US$55 million for the landmark transition project on the century-old mine and said it…
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Teck, PolyMet form joint venture
Teck Resources and PolyMet Mining have agreed to form a 50/50 joint venture named NewRange Copper Nickel to advance PolyMet’s NorthMet project and Teck’s Mesaba mineral deposit.
Read MoreCourt upholds Rio Tinto land swap
In a 2-1 ruling, the 9th U.S. Circuit Court of Appeals has ruled that the federal government may give thousands of acres of land in Arizona to Rio Tinto for its Resolution Copper project, reported Reuters. The news agency said the ruling essentially defers to a 2014 decision made by Congress and then-President Barack Obama to give the land to…
Read MoreCapstone, Mantos close deal; introducing Capstone Copper
Canada’s Capstone Mining and Chilean miner Mantos Copper, which confirmed last December its plans to merge and create a new Americas-focused company, have completed the transaction and have officially unveiled Capstone Copper to the market.
Read MoreTeck, MEDATech to mark battery-electric milestone
Canadian miner Teck Resources has announced it is partnering with MEDATech on the pilot of a fully electric on-highway transport truck – marking the first use of a battery-electric truck to haul copper concentrate worldwide.
Read MoreAmerican Eagle Gold acquires NAK project in BC
American Eagle Gold has entered into an agreement to acquire a 100% interest in the Nakinilerak (NAK) property – a copper-gold porphyry exploration target – in the Babine Copper District of British Columbia, Canada.
Read MoreSolvay expands U.S. facility to meet global copper demand
Solvay has confirmed expansion plans for its Mount Pleasant, Tenn., facility that will increase copper solvent extraction product capacity by about 20%.
Read MoreMerger ahead for Capstone, Mantos
Canada’s Capstone Mining announced this week it will merge with Chilean miner Mantos Copper to create a new copper production company focused on the Americas called Capstone Copper.
Read MoreFirst Quantum picks Pascall for CEO
Canadian-based global copper miner First Quantum has appointed Tristan Pascall, the company’s current COO, to take over as CEO next year.
Read MoreProgress positive at Pumpkin Hollow: Nevada Copper
“Consistent progress” is the name of the game at Nevada Copper’s Pumpkin Hollow mine, with the miner reporting several changes and ramp-up advancements at the flagship complex in a new operational report.
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