BHP has announced an 8% year-on-year increase in copper production at the Escondida mine, the largest copper deposit in Chile, during the first fiscal quarter of 2024, spanning July through September. The mine reported producing 273,000 tons of copper, although this number signifies a 7% decrease from the last quarter. Higher Concentrator Feed Grade Spurs Production The notable rise in...
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Apollo Minerals to Acquire Belgrade Copper Project with Significant Exploration Potential
Apollo Minerals is in the process of acquiring the Belgrade copper project in Serbia, a project that holds the potential for world-class sedimentary-hosted copper deposits. Belgrade’s Studena, Donja Mutnica, and Kopajska Reka prospects were originally part of Reservoir Minerals’ Serbian assets before they were acquired by Nevsun Resources in 2016 for US$365 million and subsequently by Zijin Mining in 2018...