Bingham Canyon Corp

Entity type image
Type: Company
Name: Bingham Canyon Corp
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Copper prices above Dollar 7 500 t is an opportunity to short: Barclays

LONDON (Commodity Online): There is further upside to the recent short covering in copper given positive demand signals from China and market positioning that is still short. And prices above $7,500/t is an opportunity to short copper, said Barclays in ... [Published CommodityOnline - 17 hours ago]
First reported May 16 2013 - Updated May 17 2013 - 2 reports

Kennecott landslide may be largest slide ever in North America

BINGHAM CANYON MINE, Utah – Geologists say last month’s massive landslide at the Bingham Canyon Mine appears to be the largest slide ever in North America, not counting those caused by volcanoes.University of Utah Professor of Geology, Jeffery Moore, ... [Published Fox13now - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

4 reasons why resources stocks are a natural bet

Today 8:05 AM ET (MarketWatch)LONDON (MarketWatch) -- Investors have fallen out of love with natural resources stocks, and not without cause.The sector has suffered prolonged poor returns, both in absolute terms and relative to many other stock market ... [Published TD Ameritrade - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Rio Tinto scouts for spot copper concentrate for US plant

Reuters reported that Rio Tinto Limited has started scouting the North American spot market for copper concentrate for its Kennecott copper smelter in Utah as it tries to recover from a devastating landslide at its nearby mine.Sources said that Rio has ... [Published Steel Guru - May 16 2013]
First reported May 14 2013 - Updated May 15 2013 - 1 reports

Copper slips on China jitters, stock rise

* Hopes for China policy easing fade, weak data in focus * LME stock jump by 12,000 tonnes, near decade high * Indian court to rule on Sterlite smelter restart * Workers trapped in Freeport tunnel collapse LONDON, May 14 (Reuters) - Copper fell nearly ... [Published Sharenet - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

Huge Landslide Halts Ore Production at Rio Tinto’s Bingham Canyon Mine

Operations at Rio Tinto’s flagship copper mine, the Kennecott Utah Copper Bingham Canyon complex near Salt Lake City, Utah, USA, have been severely curtailed by a massive pit-wall failure that occurred April 10. Latest estimates from the company indicate ... [Published Engineering And Mining Journal - May 14 2013]
First reported May 14 2013 - Updated May 14 2013 - 1 reports

RIO BUYS SPOT COPPER FOR US SMELTER

Salt Lake City , May 14Rio Tinto is scouting the North American spot market for copper concentrate for its Kennecott smelter in Utah as it tries to recover from a major landslide at its nearby Bingham Canyon mine.A spokesman confirmed Rio is looking for ... [Published Mining Business Media - May 14 2013]
First reported May 12 2013 - Updated May 13 2013 - 1 reports

Pillaged earth: Human impact on the natural landscape captured in series of breath-taking photographs

These impressive aerial photographs are the work of , who specializes in taking large-scaled, otherworldly pictures of natural terrain that has been modified by human intervention such as mining for valuable natural resources.Maisel has photographed such ... [Published Mail Online UK - May 12 2013]
First reported May 12 2013 - Updated May 12 2013 - 1 reports

Careful Monitoring: The Key to Pit-wall Safety

Engineering & Mining Journal FeaturesOn Friday, April 11, Rio Tinto issued a press release that read: “At 9:30 p.m. local time on April 10, 2013, Kennecott Utah Copper’s Bingham Canyon mine experienced a slide along a geotechnical fault line of its northeastern ... [Published Engineering And Mining Journal - May 12 2013]
First reported May 09 2013 - Updated May 10 2013 - 2 reports

Rio Tinto Hopes to Ship Copper From Oyu Tolgoi Soon to Offset Bingham Canyon Lag

Reuters reported that Rio Tinto is close to receiving approval from the Mongolian government to make copper shipments from their Oyu Tolgoi mine, which the company hopes to use to offset losses after a landslide at their Bingham Canyon mine.As quoted ... [Published Copper Investing News - May 09 2013]
First reported May 03 2013 - Updated May 04 2013 - 5 reports

Unknown number of layoffs causes Kennecott employees to worry

BINGHAM CANYON MINE Kennecott Utah Copper employees have questions after an announcement Thursday stating that layoffs were scheduled for May.The announcement marks the first time in 10 years that major layoffs were planned for Kennecott. Managers and ... [Published KSL-TV - May 04 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 3 reports

Kennecott expands ‘no work’ request to all workers

Kennecott Utah Copper is now asking all 2,100 of its workers to consider taking vacation or unpaid time off in the aftermath of a massive landslide in its Bingham Canyon Mine, which has raised the spectre that the company may have to at least temporarily ... [Published Salt Lake Tribune - Apr 23 2013]

Quotes

"As a federal agency," she said, "we usually don't come in unless we're asked or invited because it is private property."
...supply-side issues and strong demand growth continue to support an outlook for deficits that will remain in the future to palladium," TDS says. "In 2013, we currently expect a balanced market at +20k oz for platinum, but a -458k oz deficit for palladium, with annual average price forecasts of $1,656/oz and $788/oz, respectively. In 2014, TDS expects a -300k oz deficit for platinum and a much larger -900k oz deficit for palladium, with price forecasts of $1,800/oz and $906/oz, respectively."
The spokesman declined to comment on contracts under discussion. "With reduced volumes, we have said that we would be seeking additional sources of concentrate for the downstream operations to supplement internal concentrate production."
"It supplements the small amount (of concentrate) they're producing themselves so the smelter can operate at a reduced capacity. At least it's producing some metal" said a trader familiar with the matter

More Content

All (266) | News (251) | Reports (5) | Blogs (10) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Copper prices above Dollar 7 500 t is an opport... [Published CommodityOnline - 17 hours ago]
Kennecott landslide may be largest slide ever i... [Published Fox13now - May 17 2013]
Utah landslide believed to be continent's large... [Published Pasadena Star News - May 16 2013]
4 reasons why resources stocks are a natural bet [Published TD Ameritrade - May 16 2013]
Rio Tinto scouts for spot copper concentrate fo... [Published Steel Guru - May 16 2013]
Diversifying Beyond Gold Investment [Published BullionVault.com - May 15 2013]
Huge Landslide Halts Ore Production at Rio Tint... [Published Engineering And Mining Journal - May 14 2013]
Tips for diversifying beyond gold [Published Resource Investor - May 14 2013]
INTL FCStone: Copper Price Decline In Face Of B... [Published Kitco - May 14 2013]
Copper slips on China jitters, stock rise [Published Sharenet - May 14 2013]
RIO BUYS SPOT COPPER FOR US SMELTER [Published Mining Business Media - May 14 2013]
Rio Tinto forced to buy spot copper concentrate... [Published Yahoo! UK and Ireland - May 13 2013]
Rio Tinto forced to buy spot copper concentrate... [Published London South East - May 13 2013]
American CuMo: One Step Closer To Low-cost Prim... [Published TheStreet.com - May 13 2013]
Pillaged earth: Human impact on the natural lan... [Published Mail Online UK - May 12 2013]
Careful Monitoring: The Key to Pit-wall Safety [Published Engineering And Mining Journal - May 12 2013]
Turquoise Hill And Rio Tinto In Spotlight As Oy... [Published Seeking Alpha - May 10 2013]
Carlyle bids for Rio Tinto stake in [Published Yahoo! UK and Ireland - May 10 2013]
Carlyle bids for Rio Tinto stake in Australian ... [Published Reuters - May 10 2013]
UPDATE 1-Carlyle bids for Rio Tinto stake in Au... [Published Reuters - May 10 2013]
Kennecott offers mine workers early retirement [Published Investors Business Daily - May 09 2013]
Rio Tinto Hopes to Ship Copper From Oyu Tolgoi ... [Published Copper Investing News - May 09 2013]
UPDATE 2-Rio Tinto expects Mongolia nod for cop... [Published Reuters - May 09 2013]
UPDATE 1-Rio Tinto expects Mongolia nod for cop... [Published London South East - May 09 2013]
UPDATE 1-Rio Tinto expects Mongolia nod for cop... [Published CNBC - May 09 2013]
Kennecott offers $20K retirement settlement to ... [Published Deseret Morning News - May 09 2013]
Early-retirement plan may limit expected layoff... [Published Salt Lake Tribune - May 09 2013]
Kennecott, unions agree to early retirement off... [Published Fox13now - May 08 2013]
Kennecott meets with union leaders to discuss l... [Published Fox13now - May 08 2013]
TD Securities: Chinese Gold Imports Surge in Ma... [Published Kitco - May 07 2013]
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Blogs

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Massive landslide rocks Utah copper mine [Published Treehugger - Apr 23 2013]
Tim Heffernan at BoingBoing explains how a massive landslide at the world's largest open-pit copper mine in Utah is a reminder that "sometimes it's still the earth itself that shakes the world."The lost equipment was worth tens of millions of dollars, ...
Inside a mile-deep open-pit copper mine after a... [Published Boing Boing - Apr 22 2013]
For the past few months I’ve been reporting a big story on the copper industry for Pacific Standard . It takes a broad look at how the global economic boom of the past decade, led by China and India, is pushing copper mining into new regions and new ...
Guest Post: Unintended Consequences Are Increas... [Published Zero Hedge - Apr 18 2013]
Submitted by Chris Martenson of Peak Prosperity , With the financial experts claiming, some gleefully, that gold has "lost its safe haven status" in the aftermath of its biggest tumble in 30 years, many commentators thought (hoped?) that the dramatic ...
Rio Tinto’s Landslide Fallout and 4 Other Hot S... [Published Wall St. Cheat Sheet - Apr 16 2013]
Johnson & Johnson ( NYSE:JNJ ): The health and beauty product manufacturer has reported a strong first quarter, with sales clocking in at $17.5 billion, 8.5 percent over the first quarter of 2012. Excluding special items, first quarter earnings ...
This Is Bad News For Rio Tinto’s Top Institutio... [Published Wall St. Cheat Sheet - Apr 16 2013]
Rio Tinto  ( NYSE:RIO ): Following a stock slide across the board for mining companies on Monday, the industry is showing a little bit of rebound in the markets. However, Rio Tinto has reported that its 2013 refined copper production  may be cut  by as ...
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