Up nearly 4% on Monday; rallying after weeks of intense selling.
The internal probe is reportedly focused on claims that BSGR bribed Guinean officials to get lucrative rights over Simandou.
Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.
Colbun hopes to keep the massive $9 billion HidroAysen power project alive.
A 25-year-old female truck driver died when her vehicle flipped over near Antofagasta Minerals' Los Pelambres copper mine.
From the 5.8 million tons of copper produced last year, 1.2 million tons came from operations that are facing closure or conversion in 10 years.
But some of the nation's resources that are considered among the world’s largest, such as the Simandou iron ore deposit, face both financial and political challenges.
President Danilo Medina vetoed bill creating a National Park, which would have blocked the expansion of Glencore's Falcondo mine.
Authorities say the firm violated 16 environmental rules at El Soldado copper mine, located about 130 km northwest of capital Santiago.
Deutsche Bank analysts foresee a 2% to 3% earnings increase for the miners.
Phoenix-based copper giant want to to sell its Candelaria copper-gold mine to Canada's Lundin Mining.
Pre-tax profit dropped 27% in the first half to $1.3 billion.
The country’s legislators approved this week a ruling that declares the region surrounding the mine a national park, affecting Glencore's ability to expand it.
Around 15,000 of the total 55,000 licences in effect risk fines and even losing all privileges over the land.
Chinese backers are now behind one-third of all Peru’s new mining investments by value.
The news comes only a day after MMX announced it was temporarily halting operations at its only producing mine.
The project is considered vital for Vale as the miner has been losing market share to Rio Tinto and BHP Biliton.
Jean-Paul Luksic, who was appointed in 2004, will now take a non-executive role with effect from Sep. 1st.
Increased output from its mines in Peru and Argentina also helped the company slash first-half interim loss.
Shares in the company fell by almost 8% on the news, hitting an all-time low.
The Peruvian firm will develop the deposit as an underground mine, instead of as an open-pit project.
He sees it as a key part of the firm's ambitious investment strategy, which in the next stage will plow $25 billion to overhaul older mines.
After the WHO declared the current outbreak an “international public health emergency.”
Currently Vale supplies 12% to 14% of China’s consumption of the steel-making ingredient.
Japan already allocates 90% of its investment in Chile to mining.
This is the third project in the past four moths to be given the go-ahead after an initial unfavourable ruling.
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