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Copper price rises

The price of copper on the international market recorded a marginal rise of 0.2 percent yesterday on the back of tight supply in China’s domestic market despite a stronger dollar and expectations of high supply next year. According to Reuters, three-month copper on the London Metal Exchange (LME) edged up …

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Sandvik To Unlock Zambian Copper Ore Body

Sandvik Mining and Rock Technology has entered into a long-term agreement with NFC Africa Mining Plc (NFCA) to supply the necessary equipment and skills to effectively mine the lucrative South East Ore Body (SEOB) of the Chambishi copper mine in Zambia. With the assistance of Sandvik Zambia, the mine will …

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Why mines consume such large amounts of electricity

Because of the huge amount of work, heat and processing required to produce metals, mining is one of the most energy-intensive industries in the world and accounts for an estimated 5% of global electricity consumption. In all mining countries, the industry typically represents a significant – and sometimes the largest …

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