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Tag: largest copper mine

Avrupa Minerals Options Alvito IOCG Project to OZ Minerals

Avrupa Minerals Options Alvito IOCG Project to OZ Minerals

Avrupa Minerals (TSXV:AVU) is pleased to announce that it has signed an earn-in option agreement with Australia-based OZ Exploration Pty. Ltd. (OZE), a wholly-owned subsidiary of OZ Minerals Limited (OZM), to explore on the Alvito iron oxide, copper-gold (IOCG) project located in southern Portugal. The agreement allows for OZE

BHP Approves Escondida Expansion

BHP Billiton (NYSE:BHP) has approved a US$200 expansion at its Escondida copper mine in Chile, SME net reported. Escondida is the largest copper mine in the world.

As quoted in the publication:
The Australian reported that BHP Billiton will overhaul its Los Colorados concentrator which will allow the company to capture 100

Zambia Won’t Raise Mining Royalty to 20 Percent

Roughly four months after Barrick Gold halted operations at its Lumwana mine in Zambia due to higher royalties in the country, the government is set to change its decision on the royalty hike. Zambia’s cabinet has approved a proposal to drop the rate increase, according to a report from Bloomberg.

Strike at Peru’s Antamina to Support Copper Prices?

On Monday, workers at Peru’s Antamina copper mine downed tools, beginning the first indefinite strike in the mine’s history. Operations have been partially affected at the mine, and as the largest copper mine in Peru, it’s unclear whether the disruption will help boost copper prices.

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