The company reported $2.567 billion in revenues for the fourth quarter, down slightly from a year earlier.
Copper Mining News
The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.
According to the industry group, such reform would encourage additional investment in capital and technology.
The wet season in the austral summer has caused havoc in northern Chile.
The layoffs come as Glencore considers a plan to stop mining oxide ores at Mutanda.
Mopani is one the biggest mining companies in Zambia -- Africa's No. 2 copper producer.
SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.
Codelco has halted operations at its Chuquicamata and Ministro Hales copper mines; Freeport-McMoRan suspended El Abra.
Two phases are planned to de-risk and expand on the current resource report last November.
Last year, Chile's total copper production rose by 6 percent to 5.83 million tonnes.
The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.
Rescue efforts were hampered by dangerously high levels of toxic gas underground.
Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.
Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.
The company staked 35 new claims that cover potential extensions to the high-grade ore previously mined at the site.
Output of cobalt rose 43.8 percent to 106,439 tonnes, while gold production increased by 22.6 percent to 28,539 kg.
The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”
“There is no renegotiation taking place because a law has been passed in parliament to change the tax regime."
Even those who don’t follow mining or invest in it could probably tell you that a global energy transition will mean the world is going to need a lot more copper.
The offers relate to the ministry's 17% holding in ZCCM-IH and a sale would be subject to cabinet approval.
Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.
The Planalto project is located in the northern Carajás province.
Effective June 1, 2019.
People are often not aware of where their most prized devices really come from.
OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.