Alara Resources has announced an update on its joint venture company, Al Hadeetha Resources’ Al Wash-hi – Majaza copper-concentrate production project in Oman. Alara holds a 51% interest in the joint venture. The first consignment of copper concentrate, comprising approximately 156 metric tonnes of copper and 6 kg of gold, was shipped in May. The second shipment is expected to...
Joshua Herring
Freeport-McMoRan Believes it can Boost Copper Production with Innovative Technology
Freeport-McMoRan, a major US mining firm, is leveraging new processing technology to significantly increase copper production without opening new mines. The company aims to add 800 million pounds of copper annually within three to five years, CEO Kathleen Quirk told Bloomberg. Quirk emphasized the difficulty of developing new copper supply, highlighting the necessity of this initiative amid growing copper demand...