Union claims BHP has laid off about 3% of the mine's workforce without a "legitimate reason."
Latin America Mining News
This is the third strike this year over profit-sharing staged by the company’s unions and it affects Southern Copper's two mines in the country — Cuajone and Toquepala.
Officials for the world’s largest copper mine say they are “adjusting production processes.”
Brazil's lower house passed a bill that would boost royalty rates on iron ore by 75%, as both houses voted in a win for President Michel Temer's reform agenda.
The world's largest copper miner, Codelco, may see a boost in investment cash regardless of who wins next month's presidential runoff in Chile, as both candidates have vowed to end the state-run firm's funding of the military.
The two firms are just the latest names in a long list of companies that includes major players such as Rio Tinto, interested in grabbing a stake in Chile’s Chemical and Mining Society (SQM).
The world's No. 2 copper and zinc producer has been trying to regulate small-scale and artisanal mining activities since 2002.
Some companies are good at takeovers. Rio Tinto Group isn't one of them.
The Critical Investor profiles a company exploring a high-grade zinc property, and explains why he believes the upcoming PEA could surprise markets.
Brazil's Vale SA denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
The miner denied it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), and added that its plan to find a partner is still a go.
The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.
The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.
Samarco said it would resume talks with two unions on Friday following Thursday meetings on the need to reduce staff to 1,135 from 1,735.
Changing glacier law intensifies Argentina’s pro-mining agenda; pipeline of $20 billion beckons as nation bets on extraction.
Miners' lawyers filed documents late Thursday requesting that the presiding judge suspend two civil suits from 2015 Samarco dam spill.
“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.
The mine was located on a 2,800-metre high mountain.
Union leaders say that the arrival of 100 officers of the Mexican Armed Forces to the mine spurred the protesters' anger.
Sebastian Pinera, front-runner in Sunday’s election, was so frugal with funding during first term that Codelco that company’s debt levels jumped 84 percent.
HSBC referred to the company as a “sector leader at a discount”.
More than in the past, the population is divided on whether globalization is a force for good or not.
According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.
The state-run firm also said that this year's output of electrolytic copper from its own concentrates will be 35,000 tonnes than the planned 401,000 tonnes due to an accident at its smelter.
Canadian gold miner provides an update on exploration activities completed to date in 2017.