Mining industry
A devastating collapse at Chile's largest underground copper deposit, the El Teniente mine, has left one worker dead and five trapped, with authorities racing to determine the cause of the disaster. The incident, described as a "seismic event," occurred at around 5:34 p.m. local
Mining industry
An earthquake in Chile prompted the National Copper Corporation of Chile, Codelco, to suspend operations at its El Teniente mine. A partial collapse killed at least one person, with five others still unaccounted for. Rescuers were searching for the missing workers as the area experienced aftershocks, complicating the rescue efforts.
Mining industry
Orion Minerals, a Northern Cape base metals developer, has completed a share placement and share purchase scheme, raising funds to further develop its copper projects. The company has now shifted its focus to finalizing project financing and concentrate offtake agreements for its Prieska Copper Zinc Mine. Orion aims to achieve
Mining industry
Research from the Polytechnic University of Madrid has highlighted the growing importance of mining wastes as alternative sources of raw materials. The study, funded by the Ministerio de Ciencia, Innovacion y Universidades and the European Union NextGenerationEU, examined the potential of hydrometallurgical processes in extracting copper from tailings deposits. The
Mining industry
A rescue operation is underway at the Red Chris gold and copper mine in northwest British Columbia, Canada, to reach three miners trapped underground. The miners, who are safe in a sealed chamber, were 500 meters beyond the collapse location when they moved to a separate area before a second
Mining industry
The United States has announced plans to apply a new tariff on copper imports starting next month, threatening to exacerbate the global market's already existing concerns over supply and demand. Copper, a metal crucial for renewable energy infrastructure, artificial intelligence, and electric cars, is in short supply relative
Mining industry
As a remote-controlled scoop begins to remove debris from rockfalls, three workers remain trapped at the Red Chris mine in Western Canada. The workers, business-partner employees from British Columbia and Ontario, are sheltering in a MineARC refuge chamber designed to support 16 people, with additional refuge chambers available nearby. The
Mining industry
Transatlantic Mining Corp. has released an update on its exploration activities at the Anvil prospect, a key target within the larger Monitor Copper-Gold Project in Idaho, USA. The company confirms the presence of multiple copper fissure veins within a complex system that are anomalous in copper, supporting the potential for
Mining industry
Located in the Northern Cape, Hondeklip Bay is a frontier destination that offers a unique blend of history, wildlife, and natural beauty. The town's rich history is evident in its shipwreck-scattered coastline, where remnants of copper mines, diamond mining, and a former crayfishing industry can still be seen.
Mining industry
The proposal by Donald Trump to impose a 50% tariff on copper is aimed at bolstering the American metals industry and ensuring a steady supply for the US military, but it has an unintended consequence - it will drive down copper prices in London, benefiting the UK's renewable
Mining industry
Reko Diq, a copper-gold mine in Balochistan, offers a once-in-a-lifetime opportunity for local communities to experience sustained economic and social advancement, according to Mark Bristow, CEO of Barrick Gold Corporation. During a visit to Humai village, Bristow highlighted the mine's commitment to empowering the local population through job
Mining industry
The Lalla Aziza copper project, owned and operated by Carbomine SARL, has been the focus of exploration efforts by Royal Road Minerals Limited. The project is located in Morocco's Western High Atlas, approximately 90 kilometers southwest of Marrakesh. Initial scout drilling results have confirmed the presence of economically
