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Zambia Consolidated Copper Mines (ZCCM), which operated ten mines, three smelters, two refineries and a tailings leach plant. ZCCM was owned by Zambia Industrial and Mining Corporation (60.3%), an Anglo-American subsidiary ZCI Holdings (27.2%), RST International (7.0%) and the public (5.5%). ZCCM was sold in 1998 for just US$627 million, split ...
Tin mining is one of the earliest type of mining operated in Malaysia, starting in the 1820s in Perak and in 1824 in Selangor. [1] The development of mining industries in Malaysia attracted many Chinese immigrants who came to the state in 18th and 19th centuries to work and develop the mines. [2] The majority of Malayan tin mined prior to the ...
Mamut Mine (Malay: Lombong Mamut) is an abandoned open-pit quarry mine located in the Ranau District of Sabah, Malaysia where from 1975 to 1999 various minerals primarily copper including some gold and silver were mined. The mine is known as Malaysia's only copper mine. It came to public attention due to major environmental harm it caused. [2] [3]
The growth of data centers and AI could boost global copper demand by 3.4 million tonnes a year by 2050, the Financial Times cites BHP’s CFO Vandita Pant. Pant told the FT that BHP Group expects ...
Freeport-McMoRan. Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
Mopani Copper Mines PLC (also known as Mopani) is a Zambian company that produces and sells copper and cobalt to the international market, being one of the biggest mines and exporters in the world. After being owned by ZCCM Investment Holdings [1][2] since its founding, the company had a 51% stake sold to International Resources Holding (IRH ...
Bougainville Copper Limited (BCL) is a mining company of Papua New Guinea (PNG) that is listed on the Australian Securities Exchange (ASX). BCL operated the copper , gold and silver mine at the Panguna mine on Bougainville Island in PNG from 1971 (53 years ago) ( 1971 ) to 15 May 1989 (35 years ago) ( 1989-05-15 ) , when mining operations were ...
The Poseidon bubble was a stock market bubble in which the price of Australian mining shares soared in late 1969, then crashed in early 1970. It was triggered by the discovery by Poseidon Nickel of the early indications of a promising nickel deposit in September 1969. In the late 1960s, nickel was in high demand due to the Vietnam War, [1] but ...