Glencore and X2, a company set up by former Xstrata boss Mick Davis, are among the suitors of the Chilean copper assets put up for sale by global miner Anglo American.
Australia’s mining industry professionals (including geoscientists and mining engineers) have experienced a cut of almost 20 per cent in their salaries in the past two years.
The news come only a day after the project executive director in Chile, Eduardo Flores, told local media that Barrick was hopeful it could find a way forward with the long-delayed mine.
Finishing the project would take time and around $4 billion more of what Barrick has already invested.
A global survey of over 5,300 job seekers sheds some light on the issues in the war for talent which the Mining sector continues to face.
The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.
The move comes as Chile's Supreme Court halted the $3.9 billion gold and copper project last month.
Another contractor died at the mine only two weeks ago.
Costs and challenges for mining the Arctic, meanwhile, on their way up.
Data published by the National Statistics Institute of Chile (INE), shows the country’s copper output has dropped by 5% during the month of September this year.
Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.
It grants the world's No.1 copper miner an injection of US$4 billion for the next four years.
Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.
The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.
The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.
The firm is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces of gold resources (only two of the deposits have resource estimates on them).
The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.
The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.
The drop was mainly due to reduced shipments from Codelco and Collahuasi, official figures show.
AkzoNobel will present a paper at IMPC 2014, in Chile, proving a new three-component anionic collector for phosphate ore flotation that meets all the requirements for flotation efficacy and sustainability.
Chile’s government will seek talks with large-scale mining companies to make more land available for smaller mineral explorers as it seeks to expand the copper industry, the world’s largest.
Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.
In the official opening the firm said it expected to start shipping from Sierra Gorda in November
The massive figure includes a recently announced $23.5 billion for state-owned copper miner Codelco to revamp century-old mines that are running out of profitable ore.
Close to 2,800 miners at Chile's Escondida mine, jointly owned by BHP Billiton and Rio Tinto, did not show up for work Monday morning, iddling a 1.2 million tonnes a year operation.
Get Mining News and Alerts
sent to your inbox daily