The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes.
Copper Mining News
The government of new Peruvian President Martin Vizcarra said it would not "impose" mining projects on nearby communities that object to them.
It expects to have sold 90% of its nickel sulphate supply by the end of 2019, two years earlier than anticipated.
Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.
The Mining Committee of the Lower Chamber met with Codelco executives, employees, and other stakeholders.
Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.
Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.
The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO.
The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.
Canada's largest diversified miner Teck Resources is amping up its corporate social responsibility game.
China's copper imports bounce back in the first quarter and is now up more than 7% year-on-year and iron ore shipments remain on pace for another record.
The project, being considered by the federal government, may cost as much as A$5 billion ($3.9 billion), according to one industry estimate.
The parent group's Executive Chairman Chaochun Li has replaced him as acting CEO.
The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.
There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.
Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.
The past couple of months have featured a broad retracement of the metals complex, away from the recent highs.
Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday
Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.
Proxy adviser Glass Lewis criticised the firm for paying out bonuses in 2017, a year when two employees died at work.
The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.
The rejection comes amid almost daily protests against a proposed expansion of the smelter by the people of Thootukudi.
Copper production will peak in the second half of 2019, making a growing supply deficit much more real.
Once these projects are completed, Mantos Copper expects its production to nearly double to 165,000 tonnes annually.
Collahuasi, owned by Anglo American Plc and Glencore Plc, is located in northern Chile and is among the world's largest copper mines.