Our northparkes copper production cash cost

Rio to sell mine project, flags more deals MarketWatch

Rio Tinto agrees to sell nickelcopper project for US325 million cashBuyer Lundin expects to spend US400 million bringing Eagle into production

Copper mining costs fell for the third consecutive year | CRU

CRU's 2017 Copper Mining Cost Model, released last week, indicates that Cash Costs Including ByProduct Credits fell for the third consecutive year in 2016 since reaching an all time peak in 2013. We estimate that Cash Costs Including ByProduct Credits fell by 13% yoy at the average copper mine and are down 20% since 2013.

Northparkes driverless trucks head deep underground

Annual production at Northparkes is running at 50,000 tonnes of copper and 46,000 ounces of gold, with the gold revenue helping to deliver one of the lowest cash costs in the business (US68c a ...

Production costs of the nonferrous metals in the EU and ...

From Fig. 2(a), it can be seen that the minimum of total production costs in EU copper smelters is similar to the Chinese average. Chilean smelters, on the other hand, as already seen, had much higher total production costs than EU, although Chile represented the majority of European imports of final copper products in 2012 and 2013.

2011 interim results Rio Tinto

• Unit cost efficiency impacted by lower volumes • Maintenance cost and volumes effected by weather events • Mining and localised inflation • Input price pressure including labour costs • Significant investment in new operations and ramp up activities 21 Breakdown of cash cost variance Other production and oneoffs (182m) Grade ...

Keeping costs in check is a challenge for Australian ...

Industry cash costs for copper are forecast to rise Global average industry cash costs for copper are forecast to rise at a compound annual growth rate of around 5% over the next five years. Similarly, following a slight decline from 2017 to 2018, the return of cost inflation is expected at Australian copper mines out to 2022.

Quadra FNX Partners With Sumitomo Announces Feasibility ...

May 15, 2011· Significant copper mining partnerships include Morenci Copper Mine in Arizona, Cerro Verde Copper Mine in Peru, Candelaria Copper Mine and Ojos del Salado Copper Mine in Chile, Northparkes Copper ...

Date: 30 March 2018 For Immediate Release

tonnes and million tonnes, respectively; and Australiabased Northparkes’ (NPM) copper and gold production was 34,900 tonnes and 28,200 ounces respectively. The Company's main metal production outputs remained stable. In 2017, the cash cost of the molybdenum business was RMB 54,638 per tonne; the tungsten cash cost was RMB 17,896 per ...

Copper Investing 2016 Energy and Capital

The company's site production and delivery costs ran per copper pound, with unit net cash costs at /lb. in 2015. Of particular note concerning the company's copper business, Freeport expects its consolidated copper sales to increase some 340% to billion pounds in 2016.

Our story | Northparkes

Since 1993 Northparkes has been celebrated for our highquality copper deposits, low cost operations and loyal, committed people. CMOCNorthparkes Mines (Northparkes) is a copper and gold mine located 27 kilometres northwest of Parkes, in the Central West of New South Wales, Australia.

Tiger Resources: Undervalued; Kipoi Financing To ...

Tiger is now the fourth largest ASX listed copper producer by volume and forecasts 41,00043,000 tonnes of copper production in 2013 at a cash cost of US/lb, and 21,000 tonnes of copper ...

World Copper: New Projects Arrive as Prices Slide | E MJ

The Top 10 Copper Companies The top 10 leading copper companies produced million mt of copper between them last year (See Figure 6), accounting for more than 55% of the world’s total output of million mt.

Indonesia’s World Class Copper Gold Champion

• The flagship Tujuh Bukit mine is a world class asset comprising an extremely low cost producing gold project with a ~9 year mine life and an enormous underground copper/gold resource to be developed in phases over the coming decades. • Gold production began in March 2017 and is delivering substantial free cash flow which is

Cash Cost Investopedia

Cash cost is a term used in cash basis accounting that refers to the recognition of costs as they are paid in cash; cash costs are recognized in the general ledger at the point of sale.

Overview of Mining Costs Gold Convention

produced at cash costs lower than 1,033 per ounce during the third quarter of 2011. The flatness of the gold cash cost curve makes gold 1,600 1,800 2,000 2,200 2,400 1,600 1,800 2,000 2,200 2,400 Cash Cost /Ounce Cash Cost /Ounce Annual Average Gold Price in 2011 = 1,569 Gold Mine Cash Costs in 2011 production relatively less

Northparkes Copper and Gold Mine Australia Mining ...

Production and costs. During fiscal year 2007, a total of 5,297t of ore was mined at Northparkes’ operations. Approximately million tons of copper (50% less than in 2006) and 79 million ounces of gold (20% down on 2006) were produced. Copper head grade for 2007 was %, % for gold. Both were down on the previous year.

CMOC to Acquire Freeport’s Indirect 56% Interest in Tenke ...

In 2015, Tenke produced 204 thousand tonnes of copper and 16 thousand tonnes of cobalt ( basis) at a net cash cost of approximately US per pound of copper.

BHP Billiton Copper

BHP Billiton Copper Strong fundamentals, unrivalled resource, worldclass operations ... costs or production output and anticipated lives of operations, mines or facilities include our ability to profitably produce and ... BHP Billiton Investor Briefing, Copper Overview 6 1. Unit cash costs presented net of oneoff items, byproduct credits ...

More bad news for copper price |

According to the study by the Chilean Copper Commission, mine level cash costs at Chile's 19 largest mines fell to an average of per pound during the first three months of the year, down 13 ...

Welcome to China Molybdenum Co., Ltd.

In 2012, Northparkes produced thousand tonnes of copper and 72 thousand ounces of contained gold in concentrate at a cash cost of less than USD1 per pound of copper (net of byproducts) and generated over AUD200 million operating cash flow, and is the fourth largest producing copper …

These 10 mines will set the copper price for the next ...

In 2014, copper, gold and 7,900t molybdenum were produced at a C1 copper cash cost of /lb. Copper and molybdenum production has been declining in …

6 Takeaways Following Cliffs Natural Resource Earnings ...

At Bloom Lake, cash costs dropped 9% to 89 per ton, while at Wabush mine, cash costs were up 12% to 135 per ton. For 2013, Cliffs still believes it could operate the mine at an average cost of ...

Northparkes Mining Atlas

Northparkes produced 51 thousand tonnes of copper and 62 thousand ounces of gold up to December 2013 (100 per cent basis). In July 2013, Rio Tinto announced an agreement to sell its 80 per cent interest in Northparkes to China Molybdenum Co., Ltd. (CMOC) for US820 million. The transaction closed on 1 …

Margins in Mining

Fully Allocated Cost (C3) is the sum of the production cost (C2), indirect costs and net interest charges. The M3 margin is defined as metal price received minus C3. Indirect Costs are the cash costs for: The portion of corporate and divisional overhead costs attributable to the operation. Research and exploration attributable to the operation.

China Molybdenum Co., Ltd. to acquire Northparkes for US ...

Northparkes produced thousand tonnes of contained copper in concentrate and thousand ounces of contained gold in concentrate in 2012 ( basis) at a net cash cost of approximately A per pound of copper. Northparkes is Australia’s fourth largest producing copper mine, based on 2012 production.

Guidance Outlook | Lundin Mining Corporation

Eagle cash costs are to remain well positioned in the lowest quartile of the global nickel producer cost curve. At NevesCorvo, estimated C1 cash costs for 2018 are expected to approximate /lb copper after zinc and lead byproduct credits.

Cash cost Mining Moneyterms: investment, finance and ...

Cash costs, in mining, are the costs of production, at site level, per unit of output. ... The value of the byproducts is deducted from the final cash cost of the metal. For example, if a copper mine produces gold as a byproduct, then the value of the gold produced will be deducted from the cash cost of the copper. This is the usual ...

LOS CALATOS PROJECT– INDEPENDENT MINING SCOPING …

respectively over the LoM. An annual copper equivalent metal production profile for the LoM is presented in Appendix 3. Cash operating costs, net of byproduct credits, are expected to average US/lb of copper over the LoM, with the average operating cost per pound of copper over the life of the open pit being similar to that for the

Taseko Mines: Solid Copper Production, But Costs Have Been ...

Taseko's Q2 2018 copper production was inline with expectations and back to normal levels postwildfire operating costs and capitalised stripping costs …

Sandfire makes opportunistic bid for Northparkes ...

Sandfire makes opportunistic bid for Northparkes. ... it has fallen short of its production guidance of 65,000t of copper and 44,000oz of gold. ... cash costs for this financial year expected to ...

Australia approves China Molybdenum’s Northparkes deal ...

It produced thousand tonnes of contained copper in concentrate and thousand ounces of contained gold in concentrate last year at a net cash cost of approximately per pound of ...

Rio Tinto sells Northparkes mine stake for 820m ...

Rio Tinto has sold its controlling stake in the Northparkes coppergold ... cash proceeds” from the sale of noncore businesses in 2013 and has pledged to strip out more than 5bn of costs by ...