When I heard one of the world’s biggest car makers wants to go all electric by 2035 I knew this was going to be a very disruptive bit of news. Global auto giant GM—which had sales of over 2.5M cars and light trucks last year—announced last week that it aims to stop selling all gasoline […]
Copper And Urban Mining
Cities are potentially rich & sustainable sources of metals like copper, but a new study says there are still limits to “Urban Mining”. Everything made by people like gadgets or cars or plumbing is said to belong in the “anthroposphere”, something Urban Mining aims to manage as a source of raw materials. The Urban Mine continues […]
OZ Minerals Progresses Prominent Hill Expansion Study
Australian copper & gold miner OZ Minerals plans to invest $47M toward the potential expansion of its Prominent Hill mine in South Australia. The recently released Prominent Hill Expansion Study update confirms feasibility of a vertical hoisting shaft to replace truck haulage, with the expansion having the potential to lower site operating costs by $10-$15 […]
De-Carbonate Or Decline
In a sign of the times the NSW Government has rolled out a $32B investment roadmap for 12 GigaWatts of new wind, solar and storage based electricity. The plan targets new private sector investment in electricity infrastructure by 2030, including the development of renewable energy zones and energy storage projects. But it’s just another vote […]
BHP Backs Responsible Copper
Major global copper miner BHP has committed to the Copper Mark Responsible Production Framework covering areas like the environment, community, human rights and governance. In a media statement BHP said it has submitted its Letter of Commitment to the Copper Mark to cover the company’s copper assets in Escondida and Spence in Chile, and Olympic […]
PanAust’s Covid-19 Response
Copper miner PanAust responded quickly to the pandemic to “ensure the safety of its workforce and local communities and safeguard the future of the business.” At the onset of the COVID-19 pandemic, PanAust and its subsidiary companies responded quickly to implement strict safety measures. The measures were guided by direction from the Company’s shareholder, Guangdong […]
Pandemic Speeds Mining Re-Think
I was struck recently by an article in the Australian Fin Review talking about the future of mining in light of a potential pandemic re-set. Written by Accenture’s David Burns, who heads the company’s natural resources practice globally, it says the shock of Covid’s impact on mining operations is “accelerating its digital transformation”. He says […]
6,500-Year-Old Copper Workshop Discovered
Israel has unearthed a workshop for smelting copper ore that once operated in the Neveh Noy neighborhood of Beer Sheva, the capital of the Negev Desert. Tel Aviv University and Israel Antiquities Authority which are jointly conducting the study believe copper-producing technology was a closely guarded secret. The new study, which began in 2017, […]
“Copper Mark” Tipping Point?
The copper industry’s ‘responsibly produced copper’ program “Copper Mark” has already signed up a number of miners, but now also has major partners in Google, Ford and Wieland. Copper Mark Partners are organisations in the copper value chain that use or rely on copper in their business and who make a public commitment to the […]
Freeport-McMoRan Commits To “Copper Mark”
American copper major Freeport-McMoRan has announced its commitment to the ‘Copper Mark’, a global standard to ensure responsible production and trading of copper. The company has started the process for six of its operating sites and has future plans to validate all its operating sites against the Copper Mark requirements. Copper Mark is the first […]
Australian Copper Set To Soar
Resources market analysts Fitch Solutions have just published research predicting a rosy future for Australia’s copper miners. The gold ones will do well too they say. They put this down to to their low costs of production, high-grades and good government regulations over the next decade. They also expect five years of growth for copper […]
First Miner Gets Responsible ‘Copper Mark’
Rio Tinto’s Kennecott site in the US is the first producer to be awarded the Copper Mark, the copper industry’s new independently assessed responsible production program. The Kennecott operation in Utah has demonstrated it meets over 30 criteria for responsible environmental, social and governance practices. The Copper Mark is the first and only program for […]
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