The steelmaking ingredient has shed almost $10 a tonne in just a week.
BHP Billiton Mining News
Vale said the US District Court for the Southern District of New York annulled the majority of a class action lawsuit against the company and executives over the 2015 deadly accident.
Workers ended their strike and invoked a rarely used legal provision that allows them to extend their old contract, which leaves them in the exact same situation they were before they downed tools.
Prices for the raw material have dropped below $90 a tonne as doubts gather about the strength of demand in China at stockpiles hit record highs.
Freeport restarts supply to domestic smelter in Indonesia, but the copper concentrate export ban at iconic mine remains in place.
A 39-day-long stoppage at the world’s largest copper mine may continue for up to three months.
Around 1,300 unionized miners plan to start an indefinite stoppage at Peru's largest copper mine beginning March 24.
The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.
China releases scorching industry output growth, fixed investment numbers for January-February. Third attempt to restart talks at giant Chile mine fails.
Disputes at BHP Billiton’s Escondida mine in Chile, the world's biggest copper mine, and Freeport’s Grasberg and Cerro Verde mines, are also having a significant effect on global supplies of concentrate.
The mine produced just under 500,000 tonnes of the red metal last year, making it Peru's largest copper operation.
Strike at Freeport's giant Peru mine takes offline world's three biggest mines, but worries about demand drops copper after huge jump in warehouse stocks.
The country’s copper output is predicted to have fallen by 12% last month when compared to February 2016, while GDP dropped 1%.
Freeport sees "fundamental shift" at iconic mine as Indonesian spat gets heated and dispute at giant Escondida copper mine in floods-hit Chile turns ugly.
Incidents come despite a local judge ruled late Tuesday that a deferred payment from 2016 should go out to workers within 48 hours.
The shortage of copper predicted for the next five years has the potential to skyrocket prices due to upcoming supply issues.
The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.
BHP Billiton still sees potash as a key commodity in which to base its future growth despite prices for the fertilizer remain weak.
Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.
Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.
Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.
Expansion has the potential to increase production to 140,000 barrels of oil per day from the about 80,000 barrels it currently generates.
BHP Billiton says more help is needed from both governments and industry to promote the adoption of carbon capture and storage (CCS) technology.
The company's request for government mediation effectively extends talks and pushes back the start of a potential strike to Feb. 13.