START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x
Jan 14, 2013

http://harrygrant.tigblog.org/post/8577311

harrygrant tig blog

Remenber the two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost their copper output. The mining site that will produce molybdenum concentrate and copper is expected to have a yearly production of around 60,000 tonnes. Moreover, BHP expects that this resumption of operations will provide for 650 new jobs. Majority of the money is set to be invested in the Escondida operation located in the southeastern part of Antofagasta, Chile. In addition to this, BHP is also planning to resume its operations at the Pinto Valley in Arizona before the year ends.The recovery in ore grades combined with current work at Escondida should aid them in their target production of over 1.3 million metric tonnes by 2015. This is exclusive of the 60,000 tonnes of copper concentrate that the Pinto Valley is capable of producing yearly, according to BHP.

Production of copper has been steadily decreasing worldwide for the past few years, triggering an aggressive pursuance for a big copper prospect like the Oyu Tolgoi in Mongolia and the Olympic Dam in South Australia.BHP is planning to release USD 2.6 billion on 2 projects to increase their mining output while Rio (with their USD 1.4 billion stake) and Japanese consortium JECO’s respective stakes are going to take care of the rest.Companies in the mining industry are aggressively investing in minerals and key metals as they maintain an optimistic view that demand from China and other developing countries will continue to grow. In order to improve their overall output by 80%, the biggest copper mine is showing optimism regarding the long-term demand for metals.

Related:

http://visual.ly/tigblog-blackhawk-mines-corp-old-article-review-copper-demand-expected-rise

http://issuu.com/harrygrant/docs/blackhawk_mines_corp_reacts_on_shelved_expansion_p

http://blackhawk-mines-corp.spruz.com/pt/TIGBLOG--Blackhawk-Mines-Corp-Old-Article-Review--Copper-demand-expected-to-rise.1-14-2013/blog.htm

Visibility: Everyone
Posted: Monday January 14, 2013, 8:41 pm
Tags: mines blackhawk corp tigblog spruz [add/edit tags]

Group Discussions
Comments
Or, log in with your
Facebook account:

Author

Harry Grant
male ,
USA
HARRY'S SHARES
Apr
1
(0 comments  |  discussions )
Justice Denied to Indigenous People Affected by Mining | Guatemala- Frequent conflicts had been repeatedly ongoing due to Guatemala’s mining sector.  These conflicts caused an increase in threats, criminalization and violence in the pa...
Jan
22
(0 comments  |  discussions )
Opinion Forum - World's Largest CFB Biomass Power Plant (Blackhawk Mines Corp) Now? World's Largest CFB Biomass Power Plant Now in Commercial Operation Using Foster Wheeler Advanced Technology ZUG, Switzerland - Foster Wheeler AG (NAS: FWLT) anno...


SHARES FROM HARRY'S NETWORK
No shares


MORE MEMBER BLOGS
Mar 31
Blog: How to Extend the Life of your TRIAD Boilers by Kayleigh L.
(0 comments  |  discussions ) — How to Extend the Life of your TRIAD Boilers   Corliss Engine Review Every user desires to prolong the life of a unit. TRIAD assists their clients in achieving this important objective by informing them of ways they can avoid problems and sh... more
Feb 27
Blog: Dr Oz Weight Loss - The 100% Natural And Very Efficient Diet Pill by Debra S.
(0 comments  |  discussions ) — Yes, Dr. Oz called Garcinia Cambogia Extract (HCA) the Holy Grail of Weight Loss. He went on to say, “Anytime I see a scientist get this excited about something like Garcinia Cambogia Extract and when I looked through some of this research and ... more
Blog: My Favorite Websites by krysta I.
(0 comments  |  discussions ) — IFAW: www.ifaw.org OCEANA: www.oceana.org PETA: www.peta.org EARTH 911: www.earth911.org ANIMALs ASIA: www.animalsasia.org more
Feb 21
Blog: testing one two three by Geoff M.
(0 comments  |  discussions ) — hello world more
Blog: Garcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20 by Dany M.
(0 comments  |  0 discussions ) — Garcinia Cambogia Reviews From Actual People Garcinia Pure Extract Is A Huge Success February 20 Garcinia Cambogia System The Dr. Oz Lose Weight Quick Process Without Having Side Effects He went on to say, “At any time I see a researcher get ... more
 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.