Things took a turn for the worse Friday, when a worker was shot dead by police near the company's smaller Salvador mine in northern Chile.
Power restrictions could hit output of most copper mines operating in the country.
The company is also slashing 30% of its foreign employees and 15% of the local workforce.
Brisbane-based Minquest says buying plant of bankrupt zinc miner could save it $150m–200m to bring nearby copper project into production.
Canadians can expect the value of the loonie to drop even further this summer, reaching US$0.75 — or perhaps even lower — according to economists at BMO.
This trailblazing company is ahead of the game in the fastest growing region in the world.
Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.
“It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”
Study shows half of a mining project's value can be lost due to permitting delays.
Mark Fellows, director of metals consulting at SNL Metals & Mining, explains why permitting delays happen, what they’re costing our economy and how to fix it.
Global miners could be at risk of losing valuable exploration and operating licences unless they step up their efforts to award work to suppliers in the locality of contracts.
Implementation of “free, prior and informed consent” policies vital tool to prevent conflict and costs to companies, reveals study published Thursday by Oxfam.
The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.
World's second largest gold miner ups 2015 production to 5.2m–5.5m ounces after second quarter earnings jump 30% and costs fall 14%.
According to the Chilean Copper Commission (Cochilco) it would happen due to lack of appropriate technology.
The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.
Dispute over Roşia Montană gold and silver project.
The deals represent two ground-breaking initiatives to make Canada’s mining industry more fuel-efficient and environmentally friendly.
Federal Natural Resources Minister, Greg Rickford, argues that the federal government is taking the right steps through new legislation.
Not a typical cycle.
This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.
Don't hold your breath kid. It’s bleak out there and we have a 10-year super commodity bull to work off this time.
The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
New data by International Copper Study Group predicts copper mine output will grow 5.7 million tonnes by 2018 as Peru, Zambia and Mexico ramp up production.
We lost nearly everyone on that journey which began so optimistically—and naively.
It would be the first time since 2009 that Anglo has to cut dividends.
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