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Archive for May 18th, 2011

Copper Mining News: Copper surplus to pressure prices in 2013 – CRU

05.18.2011 · Posted in NEWS

Global copper production is set to rise in the next two years, leading to a surplus which will put pressure on prices in 2013, said an analyst with industry consultants CRU Group on Tuesday. Christine Meilton, chief consultant at CRU, said new copper production capacity would come onstream in North America and Australia in 2012 ...

Dimonds News: Decision on Gahcho Kué this year – De Beers

05.18.2011 · Posted in NEWS

De Beers Canada said on Tuesday it would make a board decision on whether to build the Gahcho Kué in the North West Territories, in which it has a 51% stake, this year. The company said there were “just a few areas requiring minor amendments” in the project’s feasibility study that De Beers’ partner Mountain ...

Gold Project: Extorre gets enviro approval for Argentina gold/silver project

05.18.2011 · Posted in NEWS

Vancouver-based junior Extorre Gold Mines has received a key approval for its Cerro Moro precious metals project in Argentina, after the provincial government in Santa Cruz gave the green light to an environmental-impact assessment submitted in September last year. Extorre expects to complete a prefeasibility study on Cerro Moro in June, and will then be ...