According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.
Copper Mining News
Mining has become the sixth most important sector when it comes to exports.
Aurubis now expects operating pretax earnings in its fiscal 2018/19 to decrease by more than 15% compared to the previous year.
Aurelia Metals is in talks with the Swiss miner and commodity trader about a possible acquisition of CSA underground mine, which produced 48,000 tonnes of copper concentrate last year.
Production dropped 6% in the quarter.
Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.
The Phoenix-based company posted first quarter net income of $31m, compared with net income of $692m in the year-ago quarter.
Ernst & Young’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — rose 5% fin the January-March period.
This second major cash injection brings the Chinese miner's total investment in Ivanhoe to $1 billion, which gives the Canadian company the equity cushion required to build its massive Kamoa-Kakula copper mine.
Codelco is undergoing a 10-year, $40 billion overhaul of its aging mines, including efficiency upgrades to boost productivity and lower costs.
After almost three years of rating the mining giant’s stock as overweight, JPMorgan downgraded it to neutral on Wednesday.
The document divides operations into six levels, from zero (entirely manual) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level and needs.
The company's star in the first quarter was its Centinela mine, which produced 68,800 tonnes of copper, 45.5 % higher than 2018.
The company has completed a 2,059-metre copper-zinc focused program at the No.8 deposit.
The world's second-biggest exporter of steelmaking coal posted an adjusted profit of C$568 million ($425.12 million) for the quarter ended March 31.
The initiative could see it ban or delist brands that can’t prove they are responsibly sourced by 2022.
The chairman and CEO also participated in the company’s rights offering last month.
Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.
Anglo American’s defense advisers are said to plan attacks on the quality of Vedanta’s portfolio compared to Anglo’s assets.
The Nueva Fuerabamba community is willing to organize a new blockade if the government doesn’t archive the criminal complaints filed against members of his community taking part in the protests against Las Bambas in Peru.
There are now 486 EV manufacturers registered in China.
The price would be underpinned by a 208,000 tonne deficit in the global market for 2019.
The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.
In Tamil Nadu, a small breakaway group is attempting to make inroads in one district by promising to shutter a copper smelter run by mining giant Vedanta Ltd.
Red Kite in 2017 sued Barclays for $850 million, alleging that the bank's traders were able to see the hedge fund's confidential trading positions on the London Metal Exchange.