Freeport-McMoRan Copper would reduce mining and crushed leach rates by 50 percent at its Morenci copper mine, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups. For full story, click here
Freeport-McMoRan Copper and Gold Inc said it would reduce mining and crushed leach rates by 50 percent at its Morenci copper mine, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups. For full story, click here
Gold, which gained nearly 9% last week, seems to be poised to extend its gains. For full story, click here
With OPEC planning to take decisive action, anyone looking to make a gold investment is likely to be tempted to enter at the relatively low current price. For full story, click here
Newcrest Mining plans to cut 400 jobs from its huge Telfer gold mine in Western Australia by the end of 2008 in an effort to cut costs. Newcrest, chief executive Ian Smith, said A reduction in numbers of about 400 people on site will be done by December, For full story, click here For company’s website, [...]
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