Business
Copper prices fell to their lowest level in nearly five months overnight, after a Chinese diplomat ramped up rhetoric that could stoke the trade conflict between the United States and China and possibly erode metals demand.
News
The former state Environment Department boss sacked by Steven Marshall as part of his initial public service cull has landed a new job – with a mining company.
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The South Australian regions are alive with economic prosperity, and it’s not just South Australians who know it. SolarReserve and OZ Minerals, who have both moved into the state, speak to InDaily about the opportunities they’ll have on show at JOBEX.
The State Government is hailing the approval today of Australia’s largest undeveloped copper project – the $916 million Carrapateena mine development – as a “vote of confidence in the South Australian economy”.
Copper and gold producer Oz Minerals’ half-year profit has fallen by 43 per cent amid lower prices and the costs associated with legal action against the company.
Oz Minerals’ proposal to build a $150 million concentrate treatment plant in Whyalla is “great news” for the embattled region, says State Treasurer and Resources Minister Tom Koutsantonis.
Adelaide-based copper producer Oz Minerals says the company has had a strong start to the year with production on track.
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