Chile a step closer to scrapping copper sales funding for military
The government is seeking to free mining giant Codelco from a decades-old mandate to fund the country’s armed forces.
Cecilia Jamasmie , Editor-in-Chief
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Barrick’s gold output for the year to hit upper end of forecast
Thanks mainly to strong performance from Loulo-Gounkoto in Mali and Veladero in Argentina.
Anglo American’s diamond unit takes sparkle away from results
Output from its De Beers unit dropped 14% amid weaker demand and lower prices.
Vale faces investors lawsuit linked to Brumadinho dam burst
Nearly 25 asset management firms and some pension funds are seeking compensation for losses derived from Vale's plummeting share price since the disaster.
Fresnillo cuts 2019 production, cites challenging times
The miner blamed lower-than-expected ore grades and delays in construction at one of its gold mines in Mexico for the output drop.
Acacia hit by fresh roadblock in Tanzania ahead of Barrick’s bid deadline
The miner has been told to stop using North Mara's tailings storage facility on the grounds of alleged breaches of environmental rules.
Fresh opposition to Southern Copper’s billion-dollar project in Peru
Locals claim the open-pit mine will damage crops and affect water supplies.
Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi
The first sustainable production is now expected between May 2022 and June 2023.
Avesoro leaves mining at its Burkina Faso gold mine in someone else’s hands
Contract awarded to Orkun Group Sarl, could ease project funding pressure on the junior.
Codelco chooses 33-year insider to replace Pizarro as CEO
Octavio Araneda will replace Nelson Pizarro at the helm of Codelco from Sept. 1.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
