First Quantum Minerals (TSX:FM), a Vancouver, British Columbia based mining and metals company, is facing a drop in production over the political uncertainty of its future of mining in Congo.
A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation from Canada and Tethyan Copper Company from Chile.
Xstrata Copper has concerns over finding skilled workers in Queensland given the high volume of mining activity taking place in the state and in Western Australia.
Environmental concerns are affecting China's mining activities again. Zijin Mining Group was required to shut down a copper plant in Shanghang in the Fujian province after a team of government investigators found a substantial leakage of waste water on July 3, 2101.
Oz Minerals (ASX:OZL) hopes to create 250 new jobs at its Prominent Hill operation now that the new federal mining law does not affect copper ore. Prominent Hill is a open cut copper and gold mine.
Indophil Resources (ASX:IRN) is looking for potential buyers after Zijin Mining Group Co. decided to terminate a takeover offer relating to the open pit ban in South Cotabato province of the Philippines which impacts its Tampakan Copper-Gold Project.
Peel Exploration Managing Director Rob Tyson is excited about a significant deposit that may be found in the historic May Day mine.
Rio Tinto wants more than to be a side line partner for Ivanhoe Mines in Mongolia. The Canadian miner Ivanhoe was assisted by Rio to end lengthy and complicated 5 year old negotiations under Mongolian mining law for the largest undeveloped copper deposit in the world.
Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia.
Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.