A reworked sale process for plants located in the southeastern city of Cubatão was reportedly launched in recent days.
Copper Mining News
Majors and juniors swap roles in $7 billion a year mining exploration sector
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.
The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.
Glencore is upping its presence in the African mining landscape through the purchase of stakes in two mines it already partially owns.
EY’s Canadian Mining Eye index declined 13% in the last quarter last year as weak gold and nickel prices offset copper and zinc gains.
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.
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.
The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.
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.
Vancouver company pays $65 million cash for a 4% stream on El Morro deposit, half of NuevoUnion, its joint venture with Teck.
World number five producer adding 600,000 annual tonnes in six years.
Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.
Should the government go ahead with all the recommended shutdowns and suspensions, global supply of nickel will drop by about 8%.
The junior miner has begun proceedings against the Quebec Ministry of Forests, Wildlife and Parks (MFFP) in the superior court over a denied permit.
Taseko Mines (TSX:TKO) is not giving up on its plan to build a large copper-gold mine in north-central British Columbia, despite two earlier rejections by the Government of Canada.
Two Chinese state-owned mining companies plan to destroy an ancient Buddhist city in Afghanistan in order to get the copper underneath it, according to a new documentary.
The #1 ranked company was Cordoba Minerals Corp, a Toronto-based mineral exploration company, which had a total return of 466%.
The company's request for government mediation effectively extends talks and pushes back the start of a potential strike to Feb. 13.
Miner says that each month of delay in obtaining approval to export means production would be reduced by 70 million pounds of copper and 70,000 ounces of gold.
The US Securities and Exchange Commission is reconsidering the rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa.