Called off strike at world's largest copper mine adds to pressure on copper price now down nearly 20% in little over two months.
Copper Mining News
Chilean copper producer Antofagasta said first-half core earnings fell 16.2 percent from a year earlier.
Chile, known for its vast copper deposits, is joining the search for cobalt amid soaring demand for a metal that’s mostly mined in the politically risky Democratic Republic of Congo, which holds 60% of the world's reserves.
The main union at Chile's Caserones copper mine said on Monday that both sides had agreed to extend government mediation of labor talks until Thursday.
Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers.
Chile's copper industry on Monday braced for the announcement of a potential strike at the world's biggest copper mine, Escondida.
Copper bears could get caught wrong-footed as a strike looms at the world’s biggest mine.
Two new studies reveal where ancient Egyptians got the red metal from.
Four of the five labor unions representing workers at the El Teniente copper mine in Chile have accepted the latest contract offer from state mining company Codelco.
The $4.9 billion-investment is part of Codelco’s 10-year, $39 billion overhaul of its core mines.
Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”
Vedanta Resources' Zambian unit said its Konkola Copper Mine operations have been stopped to allow for investigations, after one miner was killed in an underground accident.
Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp.
The two companies have just signed a non-biding letter of intent.
Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapacá Region in northern Chile. Yesterday, Teck said that the regional Environmental Committee of Tarapacá voted to approve the project's Environmental […]
The Canadian miner said it has a strong relationship with partner Ma’aden.
Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries.
Freeport reshapes Indonesia business in deal with govt.
Protectionism could limit future growth.
Westminster Resources to buy a land package in the Ronge district of Saskatchewan.
Not the first time.
The union had earlier asked the company to negotiate by 10:00 a.m. local time but said in a statement later on Monday that it had begun preparing for a strike.
Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.
The union at the world's biggest copper mine told the company it should prove its willingness to negotiate by Monday morning.