Copper

Namibia Rare Earths Inc. has contracted SkyTEM Surveys ApS (SkyTEM) to carry out a detailed airborne electromagnetic and magnetic survey covering all the previously identified cobalt targets on its Kunene Cobalt-Copper Project in northern Namibia. According to the company, the survey will cover over 600 km2 and comprises 3,700 line …

Namibia Rare Earths Inc has increased private placement to Cdn$4,000,000, as the company raise capital to fund Kunene Cobalt-Copper. The development comes as a result of investor interest in the company. Rare Earths is increasing the non-brokered private placement previously announced in March from a maximum of Cdn$3,000,000 to a …

Global copper markets will be oversupplied for at least two years, executives at some of the world’s major producers of the metal and traders said recently, casting doubt on the chances of a prolonged rally in prices. That tempered assessment of the market at an industry conference in Shanghai came …

Weatherly plc is planning a resumption of activities at its dormant Matchless and Otjihase mines, Weatherly believing that the discontinued operations still offer much promise it said this week. “Otjihase, Matchless West and Old Matchless, still represent a significant opportunity for the Weatherly. Plans are being prepared to support a …

An Australian company with a stake in one of Botswana’s best copper discoveries this year says it wants to get to a final decision to start a prefeasibility study before the end of the year. The company’s representative also told delegates at an Australian mining conference that the Botswana government …

Canadian exploration and development company Kombat Copper president and CEO Paul Bozoki is confident that the Kombat copper mine, in the Otavi Mountainlands of Namibia, will start production in late 2016 and begin generating cash flow for the company. The Kombat mine historically produced 12.46-million tonnes of copper at an …

Aim-listed mining company Weatherly International’s Tschudi mine, in Namibia, has achieved a production of copper cathode of 4% above the mine’s nameplate production rate of 17 000 t/y. The mine produced 4 442 t of copper cathode in the quarter ended March 31, the company reported in a statement earlier …

Diversified mining company Anglo American has produced less diamond, copper, coal, manganese alloy and niobium in the three months to March 31. Diamond production fell by 10%, copper production by 19%, export thermal coal by 13%, export metallurgical coal by 9%, Eskom coal by 8% and niobium by 13%. Refined …

Geologists have developed a new and inexpensive technique to find copper deposits in volcanic rocks. With so much of the earth’s copper already dug up and companies desperately needing cost-effective ways to locate more reliable resources, could this technology prove to be a saviour?   The mining industry has faced …

Construction at Weatherly’s Tschudi Project remain on schedule and on budget according to Elamrie Kurz of Weatherly Mining Namibia. Construction of the project commenced towards the end of 2013 and remained in full swing ahead of its anticipated third quarter 2015 target. According to Kurz, bulk earthworks for the process …