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Chile Copper Mining Industry At a Turning Point -BHP Executive
11/16/2012| 10:07am US/Eastern
SANTIAGO, Chile--The Chilean copper mining industry, which accounts for a third of the world's copper, is at a turning point as ore grades are retreating and bigger capital expenditures are needed to maintain production levels, a BHP Billiton Ltd. executive said Friday.
Showing posts with label Copper Mining. Show all posts
Showing posts with label Copper Mining. Show all posts
Friday, November 16, 2012
Monday, November 12, 2012
Sunday, November 11, 2012
Update On Copper Mining In Chile
**Update On Copper Mining In Chile**
Sunday, 11 November, 2012
By: Charles Kubach, Mine-Engineer.Com
Copper mining costs are being reported ranging from around $2/pound to a high of $3.20 per pound. As China's economy cools to a 5% growth rate, they require fewer resources, such as steel and copper, so the demand weakens, but if American and European economies ever recover, copper will again rise to the $4 per pound level. The trick is to still be in business when that happens, and keeping mines profitable and costs in line is how a mining company will do that. By utilizing process efficiencies, convincing the government to not tax and fee the industry into oblivion, and keeping mine costs in line with projected income will determine if Chile's copper thrives or moves on to another continent.
Sunday, 11 November, 2012
By: Charles Kubach, Mine-Engineer.Com
Copper mining costs are being reported ranging from around $2/pound to a high of $3.20 per pound. As China's economy cools to a 5% growth rate, they require fewer resources, such as steel and copper, so the demand weakens, but if American and European economies ever recover, copper will again rise to the $4 per pound level. The trick is to still be in business when that happens, and keeping mines profitable and costs in line is how a mining company will do that. By utilizing process efficiencies, convincing the government to not tax and fee the industry into oblivion, and keeping mine costs in line with projected income will determine if Chile's copper thrives or moves on to another continent.
Sunday, November 4, 2012
Copper Mining in Chile - Overview
http://www.mbendi.com/indy/ming/cppr/sa/cl/p0005.htm
Copper Mining in Chile - Overview
Overview
Chile is the world’s largest copper producer, producing 5 390 thousand metric tons in 2010 as opposed to 5 520 in 2009. Chile has approximately 24% of the world’s known copper reserves.
Copper Mining in Chile - Overview
Overview
Chile is the world’s largest copper producer, producing 5 390 thousand metric tons in 2010 as opposed to 5 520 in 2009. Chile has approximately 24% of the world’s known copper reserves.
Friday, March 16, 2012
Copper Mining in Chile
Copper Mining in Chile
Katarzyna Staniewska / Chile
For many a century, mining – and especially copper mining – has played an important part in the Chilean economy. Chile’s copper mines are mostly situated in the Atacama Desert. As of now, they experience a boom due to the ever-increasing demand on copper worldwide. But while the mines of today are still expanding, in future decades copper recycling and substitution will make necessary a re-orientation of the Chilean economy.
Katarzyna Staniewska / Chile
For many a century, mining – and especially copper mining – has played an important part in the Chilean economy. Chile’s copper mines are mostly situated in the Atacama Desert. As of now, they experience a boom due to the ever-increasing demand on copper worldwide. But while the mines of today are still expanding, in future decades copper recycling and substitution will make necessary a re-orientation of the Chilean economy.
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