It takes an average 24.1 years to develop a copper mine from discovery to production, but lead times vary widely across the world says a new snapshot. The study by S&P Global looked at 268 mines in 23 countries—including 13 mines in the US, 29 in Canada and 30 in Australia—and placed Australia 9th with […]
Today’s Waste Is Tomorrow’s Energy
With a squeeze on supplies of copper, manufacturers of everything from cable to cars are increasingly using recycled scrap to meet the demands of the future. Recycling copper is not new of course. Copper can be recycled indefinitely without losing its value or performance. Every ton of copper that is recycled means some 200 tons […]
Space Age Copper
Two Australian companies are teaming up to use space technology & AI to speed copper discovery here, reportedly one of the world’s biggest data driven searches. That’s exciting news for all sorts of reasons. Number one it’s great to see technology being harnessed for practical, real world impact when a lot of talk about technology […]
U.S. Can’t Keep Up With Copper Demand
A new report says the USA can’t mine Copper fast enough to meet its ambitious goals to electrify the country. Produced by Michigan University and commissioned by the International Energy Forum—IEF—the snapshot looked at 120 years of global data from copper mining companies. It concluded that current U.S. policy guidelines to transition the country’s electricity […]
Copper Cuts Climate Emissions
The carbon payback for additional copper ‘invested’ into improving energy efficiency is earned back 20 to 300 times over the lifetime of an energy system says a new European report. And for renewables, the carbon emissions for producing copper is earned back in a matter of 1 to 2 weeks. Increasing the cross section of […]
Copper’s Green Future In Asia Pacific
A new study by the CRU Group says copper’s future market share will be defined by the green energy transition and surging demand in India & Asia. Commissioned by the International Copper Association—ICA—the study found that copper demand will grow from 28.3M tonnes in 2020 to about 41M tonnes by 2040. The strongest growth in […]
Artificially Intelligent Copper
Artificial Intelligence, or AI, seems to be everywhere these days and so I guess its no surprise its come knocking on copper’s door too. And that’s good news. From discovering new deposits to helping improve mine operations, it seems AI is shaping up to be one of the most flexible and innovative technological breakthroughs mining […]
Cutting Emissions Key Step To Net Zero Copper Mines
A new report lays out the steps that copper mines will need to take on ventilation and emissions reporting if they are to reach the goal of net zero mining. Ventilation and Emission Reporting is the fifth roadmap to explore pathways to low emission copper mining following the earlier Roadmap, Water, Materials Movement, and Mineral […]
Discovering Copper Gets Critical
Australia hasn’t had a major copper discovery in over a decade, but growing global demand suggests we need to rapidly fast track exploration. The last big copper discovery in Australia was by Sandfire at DeGrussa in Western Australia in 2009. And while a spectacular high grade find at the time, it only lasted till last […]
Clean Energy For Big Copper Mine
Australia’s Clean Energy Finance Corporation is investing $99M to boost a South Australia wind farm to provide clean energy to BHP’s Olympic Dam copper mine. Olympic Dam, located 550 km north-northwest of Adelaide, has one of the largest copper deposits in the world. The Neoen Goyder South Stage 1 Wind Farm will generate 203 MW […]
Rewiring Australia For Clean Energy
A new report from Powerlink Queensland looks at the challenges of expanding Australia’s grid for renewable energy, and the trade-offs between overhead & underground transmission lines. At least $21.4T needs to be invested in electricity grids worldwide by 2050 to support a net-zero trajectory. Australia has set a goal of more than 80% of electricity […]
The Big Australian Mining
A new report from BHP this week called Recapturing Australia’s Competitiveness is a timely reminder of how important Australian mining is to our future given the challenges of climate change. Meeting our net zero goals will “only be possible through the scaling up of mineral production”. BHP says that may mean creating up to 140 […]
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