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BHP Billiton to Spend $15b to Increase Copper and Uranium Production at Olympic Dam

BHP Billiton is planning on spending $ 15 billion on the planned expansion of the Olympic Dam copper and uranium mine.

From BHP Billiton Plc 29 Sep 2010

Old Copper Mine at Nymagee, NSW Shows Promise

YTC Resources (ASX:YTC) has had an excellent start to its exploration activities at the Nymagee Copper Mine in New South Wales.

28 Sep 2010

Rescue Cage Arrives at Chilean Mine Site

The rescue operation for the 33 miners trapped underground at the San José copper-gold mine, Chile reached a milestone when the 'Phoenix Capsule' reached the mine site on Saturday.

26 Sep 2010

Cudeco Raises $20 Million via Sophisticated Global Investor

Cudeco (ASX:CDU) has picked up $20 million to ease market volatility via an institutional investor. The company has issued 10 million new shares at the rate of $2 each to the investor. The announcement made Cudeco shares rise by 12 cents, closing the week out at $2.15 per share.

24 Sep 2010

Orsu Metals Initiates Kazakhstan Copper Mine Feasibility Study

The Orsu Metals Group is starting its feasibility study at the sulphide copper mine it owns in Kazakhstan. The London based mineral exploration company is examining the use of Chinese equipment to reduce its operational costs and to seek potential clients who would be interested in purchasing copper concentrate.

19 Sep 2010

International PBX Ventures Discovers New Copper Zone

International PBX Ventures Ltd. has announced the discovery of a new copper porphyry mineralized zone called Copper South. The zone is located about 2.5 km west of the Sulfato South and Cerro Moly Zones in Chile.

15 Sep 2010

Goldcliff Resource Corp Upbeat on Copper Mountain Potential

The company holds 20,503 hectares of land in the Tulameen region near Princeton in British Colombia. This is a combination of 56 mineral claims. The project property is an ideal geological setting for a copper gold mine.

From Goldcliff Resource Corporation 15 Sep 2010

Rio Tinto Increases Stake in Ivanhoe Mines

Rio Tinto announced that it is increasing its stake in Ivanhoe Mines, a Canadian mineral exploration and development company which is currently developing the world's largest undeveloped copper-gold project in the South Gobi region of Mongolia.

From Ivanhoe Mines Ltd 14 Sep 2010

Ivanhoe's Oyu Tolgoi Mine in Mongolia on Schedule

The construction of Ivanhoe's Oyu Tolgoi Copper Gold complex in Mongolia is proceeding as per schedule. The President and Chief Executive Officer of Ivanhoe Mines Ltd. John Macken said that the successful ramp up to full scale construction was a remarkable achievement by the project's workforce and contractors.

From Ivanhoe Mines Ltd 8 Sep 2010

Zijin Mining Group Calls Off Platmin Congo Acquisition

The Zijin Mining Group Company has called off the acquisition of Platmin Congo Ltd. after it was saddled with regulatory probes in China over a recent toxic spill.

7 Sep 2010