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Strong last quarter leads Antofagasta to record copper output in 2018

Strong last quarter leads Antofagasta to record copper output in 2018

Chilean miner Antofagasta Plc. (LON:ANTO) ended 2018 on a very high note as it produced a record amount of copper in the final quarter of the year, which led it to post annual output at the higher end of its forecast. The company, majority-owned...

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Resource Weekly 333 – Record $93B private capital flows into natural resources

Resource Weekly 333 – Record $93B private capital flows into natural resources

Click here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.

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China’s Jiangxi Copper names industry outsider as new general manager

China’s Jiangxi Copper names industry outsider as new general manager

Jiangxi Copper Co, one of China’s top copper producers, on Friday named provincial government official Zheng Gaoqing as its new general manager. The appointment, confirmed at a board meeting during the day, marks the end of a six-month void...

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China Moly ups stake in giant Tenke copper mine to 80%

China Moly ups stake in giant Tenke copper mine to 80%

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo’s operation. The Chinese...

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Carube Copper finds high grades in Jamaica

Carube Copper finds high grades in Jamaica

Following a mapping and prospecting campaign in conjunction with a grid-based soil sampling program and follow-up rock channel sampling, Carube Copper (TSXV: CUC) reported the discovery of high-grade copper-silver mineralization at its Main Ridge...

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China News Weekly 93 – China copper imports hit record high in 2018

China News Weekly 93 – China copper imports hit record high in 2018

  Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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China copper imports hit record high in 2018

China copper imports hit record high in 2018

China’s unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 2018, customs data showed on Monday, boosted by the country’s crackdown on scrap metal shipments. For December, imports fell 4.7...

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Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources

Chile’s Collahuasi plans resource sharing with Canada’s Teck Resources

Chile’s Collahuasi copper mine is talking to Canada’s Teck Resources Ltd about resource-sharing as the two companies embark on ambitious expansion projects, its Chief Executive Jorge Gomez said on Wednesday. Collahuasi – owned by...

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Chile’s copper production to exceed 6 million tonnes for first time in 2019

Chile’s copper production to exceed 6 million tonnes for first time in 2019

Copper output in Chile, the leading producing nation, is expected to exceed 6 million tonnes for the first time this year and continue to rise by about 30% over the next 10 years, according to the country’s state copper agency, Cochilco...

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China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada’s Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the...

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Commodities cap another dismal year as ’19 offers tough test

Commodities cap another dismal year as ’19 offers tough test

Commodities had another poor year in 2018, hurt by substantial losses in energy and base metals, and raw materials will head into January burdened by concerns global economic growth is poised to slow. The Bloomberg Commodity Index, a gauge of...

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