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Mar 20, 2019· The latest offtake agreement covers ore tolling and concentrate purchase between BHP Nickel West and Mincor and replaces the 20-year agreement that expired last month. Under the terms of the agreement, BHP Nickel West will process a minimum of 200,000 tonnes per annum (tpa) up to a maximum 600,000tpa of nickel ore using Mincor's Kambalda ...
Aug 11, 2021· Anglo-Australian mining giant BHP has reached a deal with the workers' union at the world's biggest copper mine, in Chile, which could prevent them …
Phoenix, Arizona--(Newsfile Corp. - March 11, 2020) - Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce that the Company has entered into a purchase and sale agreement (the "Offtake Agreement") with Trafigura Trading LLC ("Trafigura") for of copper cathode production during 2020 from the Gunnison Copper Project in Southern ...
Aug 11, 2021· Minera Escondida, controlled by BHP Billiton, reported on Tuesday night that it reached an agreement with the union within the framework of the collective bargaining process that they hold, which would imply avoiding a strike in the largest copper deposit in the world, which it represents about 5% of global metal production. "We inform that the company and the board of the Union No. 1 of ...
Mar 24, 2021· Processing agreements: There is a likely prospect of negotiating processing agreements with BHP regarding toll treating and offtake agreements. Exploration results: Drill results from known high-grade prospects are imminent. Resource definition: The establishment of a maiden resource at Leinster and expansion of the resources at Nepean and Saints.
2 · BHP Group Ltd and the union at its Escondida copper mine in Chile said on Tuesday that they had reached a tentative deal for a new contract, although the union will take two more days to submit ...
Jun 09, 2021· The off-take agreements contain standard, international commercial terms, including copper payables and treatment and refining charges based on the annual benchmark across the copper industry. The ultra-high-grade, clean concentrate produced by Kamoa-Kakula is expected to contain approximately 57% copper and very low levels of impurities.
Jun 09, 2021· The companies have signed copper concentrate and blister copper off-take agreements for of Kamoa-Kakula's phase 1 copper output. The mine, which started producing copper concentrate in May, is estimated to produce nearly 200,000 tonnes of copper per year in the first phase. Under the agreements, CITIC Metal and Zijin's subsidiary Gold ...
Jul 27, 2021· In addition, the C$0.55 per share Offer price is C$0.235 per share, or 75%, higher than the C$0.315 per share proposed by Wyloo in its announcement on May 25, 2021. Noront CEO, Alan Coutts: "This transaction provides a significant premium to Wyloo's indicative offer, and crystallizes immediate and certain value through an all-cash offer.
Jun 18, 2021· European Metals targets offtake agreements over summer. Australian and UK-listed lithium junior European Metals is looking to wrap up offtake agreements for …
Aug 04, 2020· Offtake agreements can also be complicated and can take a long time to set up. For mining companies that want to move forward quickly with project development, spending that …
Aug 05, 2019· BHP signs nickel offtake, unveils growth ambitions. KALGOORLIE (miningweekly.com) – ASX-listed junior Mincor Resources has inked a binding ore tolling and concentrate purchase agreement …
Jun 11, 2021· Chairman of the Board at Kamoa Copper S.A., Ben Munanga, has announced that Kamoa Copper has signed copper concentrate and blister copper offtake agreements, on competitive arm's-length commercial terms, for of Kamoa's phase 1 copper output (copper concentrate and blister), which is anticipated to be approximately 200,000 tonnes of copper per year.
Jun 16, 2021· Minto is a proven copper producer generating cash flow from its Minto Mine (as defined below) in Yukon. ... with a long-term offtake agreement with Sumitomo Canada Limited. ... BHP …
1 · BHP, union reach tentative wage deal at world's biggest copper mine. • BHP and the union at its Escondida copper mine say they reached a tentative agreement on a new labor contract, easing fears of a strike; the …. Whoops, The EU Made This Tiny Retro EV More Expensive Than Regular...
Jun 09, 2021· Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) has signed a copper concentrate and blister copper off-take agreement on competitive arm's length commercial terms for of the company's Kamoa-Kakula project's Phase 1 copper output. This is a decisive step in the right direction, as the projected output for Kamoa-Kakula is expected to hit 200,000 ...
Jun 11, 2021· Kamoa Copper signed off-take agreements with CITIC Metal (HK) Limited (CITIC Metal) and Gold Mountains (H.K.) International Mining Company Limited, a subsidiary of Zijin Mining Group, for 50% each of Kamoa's copper products from phase 1. The remaining 50% of products will go to a multiple of other partners.
Jun 14, 2021· Kamoa Copper signed off-take agreements with CITIC Metal (HK) Limited (CITIC Metal) and Gold Mountains (H.K.) International Mining Company Limited, a subsidiary of Zijin Mining Group, for 50% each of Kamoa's copper products from phase 1. The remaining 50% of products will go to a multiple of other partners.
Heron Resources Limited – zinc, copper and lead concentrate offtake agreements with Louis Dreyfus Company Metals for the Woodlawn Project. Sirius Resources NL – nickel concentrate offtake agreements with BHP Billiton Nickel West and Glencore and copper concentrate offtake agreement with Trafigura Pte. Ltd for the Nova-Bollinger Project.
May 25, 2021· Highlights: Following the successful completion of the jointly designed validation program, BHP has exercised its option to enter into a farm-in and joint venture agreement covering the 4500 km 2 Elliott Copper Project in the Northern Territory (NT).; BHP may earn up to a 75% interest in Elliott by spending up to US$22 million over 10 years.
Jun 10, 2021· Kamoa Copper signed off-take agreements with CITIC Metal (HK) Ltd. (CITIC Metal) and Gold Mountains (H.K.) International Mining Co. Ltd., a subsidiary of Zijin Mining Group, for 50% each of Kamoa's copper products from phase 1. The remaining 50% of products will go to multiple other partners. The demand for Kamoa's copper is due to its ...
An offtake agreement is an arrangement between a producer and a buyer to purchase or sell portions of the producer's upcoming goods. An offtake agreement is normally negotiated before the ...
Aug 10, 2021· BHP Group and union leaders at the Escondida complex in Chile are getting closer to a wage deal that would avert a strike at the world's biggest copper mine. Negotiators asked labor authorities for a one-day extension in a mediation process to continue working toward an agreement that could be put to workers Tuesday.
1 · BHP and workers at the Escondida copper mine have reached a tentative wage agreement, causing global copper prices to drop. (In 2020, Chile's copper mine production was estimated at 5.7 million metric tons of metal content, representing 28.5 percent of the global copper production that year ...
2 · BHP Group and union leaders at the Escondida complex in Chile are getting closer to a wage deal that would avert a strike at the world's biggest copper mine. Negotiators asked labor authorities ...
respectively, and its copper concentrate contract with Trafigura which is due to expire in December 2019. A binding concentrate offtake agreement for a three-year term has been executed with Trafigura for 50% of nickel concentrate and for of copper concentrate produced from Nova. An offtake term sheet with BHP
Jun 09, 2021· The off-take agreements are evergreen for the production volumes from Phase 1, including copper concentrate and blister copper resulting from processing of copper concentrates at the Lualaba Copper Smelter.
Aug 01, 2021· The union of workers at BHP Group Ltd's Escondida copper mine in Chile, the world's largest, said on Saturday it had voted to reject the company's final labor contract offer, prompting BHP ...