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Company News
Aeris Resources achieves breakthrough at Stockman with material leach test improvements
Flotation and Albion leach test work results at Aeris Resources’ (ASX: AIS) Stockman polymetallic deposit in Victoria have demonstrated an ability to materially improve project returns. Tests were completed on a bulk concentrate prepared from a modified flotation flowsheet containing copper, zinc, gold and silver, with results showing the ‘full leach’ of copper and zinc […]
Copper theft on the rise as market tightens and metal prices vault higher
It is not often the activity of criminals provides an investment idea, but when they start stealing copper wire from power stations, or from building sites, then you know it’s time to brush up on copper miners. Kingston in South Australia, a coastal centre more famous for Larry the big lobster, hit the headlines a […]
Goldman Sachs raises 12 month copper price target to US$10,500/t
At the moment, nothing seems to be able to stop the rush into copper. With a poor recent record of major new discoveries combined with the explosion of electric vehicle manufacture and copper’s other electricity applications, the metal is in the box seat. This was shown by its price hitting a 10-year high last Friday, […]
BHP pulls ahead of rival Rio Tinto with a major copper find near Olympic Dam
The copper race is on between long-time rivals BHP (ASX: BHP) and Rio Tinto (ASX: RIO), with BHP announcing it had pulled out of the ground what some experts call the thickest high-grade copper intersection seen in many years near its Olympic Dam mine in South Australia. The mining giant reported a whopping mineralised intersection of 425.7m comprising […]
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