Thursday , June 13 2024

Tag Archives: Copper

Copper prices to hit ‘rock bottom’ in next two years

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 …

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Planned resumption at Matchless, Otjihase mines

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 …

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Botswana government eyes own copper smelter

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 …

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Home-grown Value Addition

Weatherly is a London-based resources company active in Namibia, producing copper from the Otjihase, Matchless and Tschudi operations in Namibia, with more prospects still under development and exploration. Tschudi is the most recent mine in the Weatherly stable to be put into operation, having produced its first copper a year …

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Up down copper prices not the same as stop start factories

Copper, the commodity, is fondly known by economists, market analysts, traders and investors alike as doctor copper. It is the one commodity that is ubiquitous in its use, and pervasive in its manifold industrial applications from heavy industry to sophisticated electronics. Copper reflects the well-being of any industrialised economy. In …

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