The Anglo-Australian miner has until mid-June to respond to the union's demands.
Copper Mining News
Copper prices will rise.
The two companies jointly own the Coimolache mining company in Peru, and are both junior partners in large mines in Peru controlled by U.S.-based companies.
In early May, China implemented a 30-day ban on all scrap-copper imports, part of wider limits on all sorts of imported waste.
The Halifax, Nova Scotia-based miner also said it had launched an offering of common shares to Mongolian residents, as well as a concurrent non-brokered private placement, which in combination are expected to raise up to $4.4 million.
Regulations to implement the new code are due to be signed into law next week.
The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.
While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.
Time to curb your enthusiasm about the electric vehicle boom and surging demand, prices for lithium, cobalt, nickel, rare earth and graphite?
The mining companies insist the government reinsert a stability clause, present in the former code.
About 13 people died at the site last week after police opened fire as locals protested against alleged pollution.
The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.
Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.
Worldwide there are over 30,000 exploration projects.
A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.
Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 tonnes-a-year operation. This time it seems to be forever.
It will expand to include more commodities, including zinc, lead, nickel, tin and silver, in the next step.
In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.
They deposited copper on the ion-bombarded graphite.
According to Labrador Gold, the Florence Lake belt is significantly underexplored for gold compared to greenstone belts elsewhere in the world.
A company executive says Vedanta is not looking to set up plant elsewhere.
Codelco just achieved a new, less enviable mantle -- the only major mining company with an all-male board and senior management team.
Codelco chief executive Nelson Pizarro said a strong copper price in early 2018 had offset the impacts of rising production costs.
Benavides had previously led Falabella, one of Latin America's largest retailers with operations spanning department stores, supermarkets, malls and more.
As follow-up to the audit, the environment minister issued two decrees that gave Freeport six months to overhaul management of its mine waste at Grasberg.