The University of New South Wales is using geology and Artificial Intelligence to create a virtual model of the Earth to reveal deposits of copper for a world that needs it more than ever. The International Energy Agency, as well as global financial giants Goldman Sachs and Bloomberg have all recently signalled a looming global […]
“Green Copper” Fuels Brave New World
Fitch Solutions has put copper on its “Commodities of the Future” Index, saying that the world’s ‘green transition’ will mean “a surge in demand over 2021-2030”. Demand for copper will come from three broad categories of building construction, infrastructure and manufacturing, but Fitch says that green copper demand will increasingly come from the energy and automotive sectors. They […]
The Copper Supply Crisis
The CRU Group just told an international seminar that copper supply is facing a nearly 6M tonne shortfall. Filling it, they say, will be tough. Erik Heimlich, principal copper analyst at CRU Group, told the June Navigating the Green Revolution in Base Metals seminar, the world will see the supply gap opening up from the […]
Copper Shines In South Australia Mining Boom
South Australia’s mineral resource production for the 2020 calendar year breached the $7B mark, up from $6.9B in 2019, and the second-highest year on record behind the $7.312B produced in 2014. According to the LEAD newspaper, Copper continued to be the state’s largest contributor in 2020 with $2.429B worth of production. “This included $1.35B […]
Unlocking Copper In Mine Waste
43 million tonnes of copper has been mined but never processed over the last decade, trapped in mine waste from Australia to America. But that might be about to change. The lost copper has been too difficult to extract using conventional mining methods, but if extracted could help overcome a looming shortage as the world […]
Mining Water Technologies
Two years ago consultancy group Wood Mackenzie predicted copper demand would keep rising, warning that water use at mines would also soar, with all the costs and problems that entails. It’s the sort of threat that is urging mines right around the world to find more sustainable, efficient ways to use water. And it’s the […]
No Digging Copper Mines?
I keep getting amazed at the innovation I’m seeing around copper these days, with a recent breakthrough boosting efforts to rethink conventional mining. A new “key-hole surgery” method to extract copper from the earth without first digging it up could be revolutionary by not being actually groundbreaking. It speaks to the power of smart partnerships […]
Newmont launches Robot Trucks
Gold and copper miner Newmont has started production use of an autonomous haul truck fleet at its Boddington in Western Australia. Newmont said it is the first gold mining company to use autonomous haulage system (AHS) technology in an open pit mine. The announcement comes as the company said it had hit a milestone in […]
1OM More Tonnes Of Copper In A Decade?
The world may need 10 million tonnes more copper to meet demand in just 10 years says new snapshots from global resource and market analysts including Bloomberg Intelligence. The copper industry needs to spend upwards of $100B to close what could be an annual supply deficit of 4.7M metric tons by 2030 as the clean […]
“Responsible Copper” Is Here
The ‘Copper Mark’ seal means copper produced to meet the highest standards and that’s about to be a big deal says John Fennell. Plumbers and home owners may not think much about the copper pipes they’re using apart from price and quality, but that’s about to change. A new standard called “Copper Mark” is […]
NSW $750M Green Mining Plan
Mining in New South Wales—Australia’sbiggest economy—looks set to benefit from a $750M plan to cut carbon emissions by just over a third by 2030. The new money was announced this week by NSW Environment Minister, Matt Kean, who said he wanted to deliver a “clean industrial revolution”. The money will be spent over the next […]
Water And Copper Mining
Water is the first theme being tackled by the Zero Emission Copper Mine of the Future project and results of the ‘deep tech dive’ due mid 2021. The Technology Roadmap on the Zero Emission Copper Mine of the Future (ZECMotF) launched last year highlighted 5 emission themes—material movement, minerals processing , discovery, ventilation and water. […]
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