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Copper imports boom from China
Copper import boom. Imports of raw copper amounted to 618,000 tonnes in October, bringing the total for the year to 5.6 million tonnes, already an annual record two months in advance. This surge seems to be a recovery from the financial crisis of ten years ago. Then,...
Rio Tinto and Bluejay sign exploration agreement in Finland
Bluejay Mining signed a joint venture agreement with Rio Tinto on Tuesday to advance the Enonkoski nickel project in Finland. The agreement could see Rio progressively earn up to 75% interest in the project by injecting $20 million into Enonkoski, either by covering...
The development of Kakula has been completed over 50%
Ivanhoe Mines announced on Monday that the overall development of the Kakula copper mine in the Democratic Republic of Congo (DRC) is more than 58% complete, a concentration plant of 3.8 million tonnes per year (Mtpa), which will go into operation in July 2021. The...
JX Nippon buys the share of the Caserones copper mine
Japan's leading foundry, JX Nippon Mining & Metals, is buying a stake in the Caserones copper mine in Chile, which was put up for sale on Monday by its partners in the Mitsui & Co and Mitsui Mining and Smelting operation. The relocation is no surprise, as...