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Sumitomo Metal Mining May Keep 10 percent Copper Output Cut


sumitomo metal mining copper outputSumitomo Metal Mining Co., Japan’s second-biggest copper producer, may maintain a production cut of 10 percent in the year from April 1 because of lower processing fees,...

China to Invest Billions Dollars in Canadian Mining Company


china to Invest in canadian mining companyOne of the Asian economic superpower, China secretly increases investment in Canadian mining company. China investments through the purchase of...

Freeport-McMoRan To Increase Copper Mine Production, 2010


freeportmcmoran-copper-and-gold-logoFreeport-McMoRan Copper & Gold Inc said Wednesday it has decided to move forward on three deferred copper mining projects, citing a positive outlook for its metal markets and its ability to manage costs during the global economic downturn.

Congo Government Struggled Increase Production Of Copper And Cobalt Mines


copper-mine-explorationThe global economic crisis has made improving the mining sector in Congo region is slow, even some mining companies to stop the exploration activities. The increase in metal prices pushed mining companies to reactivate exploration and production activities of mining. The government hopes Congo copper and cobalt sector can increase production. Recovery of copper and cobalt production...