After leaping 11% on Friday with 74m shares traded, copper giant is now worth $17.5 billion – up 274% from January lows.
Latin America Mining News
Top global producer sees surplus this year and next as mines pump out more metal and predicts decline in copper price from today's levels through 2017.
Vale’s results for the first three months of 2016 makes it the best-performing major iron-ore miner so far this year.
The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
Barrick Gold has reduced its debt load, reshuffle management and sold several assets.
The miner has scaled down the project and it now aim to produce 1.3 million tons of potash a year, down from the 4 million tons originally planned.
The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.
Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.
The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.
Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.
The new method would allow for specialized plants, which are critical for biodiversity, to be re-established faster around old iron ore mines.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
World's number one heavy equipment manufacturer arrests sales decline in March.
Full voting results will be released on Friday.
The Alliance for Responsible Mining announces today that Fairmined Ecological Gold from the Mongolian organization XAMODX and five mining organizations in la Llanada, Colombia is now available.
The gold and copper miner didn’t specified where the alleged misconduct took place.
The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.
Vale says 2016 output will come in at the lower end of expectations, potentially pushing the Brazilian giant to number two in global iron ore rankings.
The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.
Chile's Codelco said that it loses about 1,500 tonnes of copper output for each day El Teniente mine remains inactive.
The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).
A worker is missing following an accident at a Guatemala mine owned by Vancouver’s Goldcorp (TSX:G).
Operations at two of the world's largest copper mines have been suspended following a weekend deluge in central Chile.