Xstrata

If Glencore wants cheap energy for Mt. Isa, it should go solar

2019-02-14T13:44:47+00:00

Mt. Isa Mines (CC BY-ND 2.0). Photo by densbin, via Flickr. Mining magnate Glencore is rattling sabers about shuttering its copper mines at Mt. Isa in Queensland, largely due to the soaring cost of energy. If it follows through on its threat, the company will be scuttling at least 2,000 local jobs. But the firm’s woes Read More

If Glencore wants cheap energy for Mt. Isa, it should go solar2019-02-14T13:44:47+00:00

These 10 mines will set the copper price for the next decade

2019-02-18T13:42:54+00:00

Vince Peckham Via: Mining.com Chile's state-owned copper giant Codelco's announcement today of another round of layoffs is just the latest sign of an industry under stress. Copper has recovered from six-year lows struck late August on the back of supply cuts by major producers but at around $2.30 a pound or $5,000 per tonne on Tuesday Read More

These 10 mines will set the copper price for the next decade2019-02-18T13:42:54+00:00
Copyright © energyandmines.com. All Rights Reserved.