July 15, 2020

Covid-19 disrupts $8.8 billion of global mining output

In total, $8.84 billion in mining revenue is at-risk, with disruptions to 275 mine sites in 36 countries.

July 15, 2020

Kinross study pegs Lobo-Marte capex at $1 billion

The project’s economic returns are highly sensitive to the gold price.

July 15, 2020

Workers at Antofagasta’s Zaldivar mine enter mediation to stave off strike

Workers voted in favor of a walk-off late last week after rejecting a new contract offer, which they said had stripped some current benefits.

July 15, 2020

Nornickel board to discuss Rusal demands this month

Russia’s environmental watchdog demanded the mining giant pay damages of $2.1 billion after a fuel spill in Siberia.

July 15, 2020

Vale to set aside $1.4 billion for Brumadinho damages

The amount would ensure the enforcement of any potential fine or forfeiture of assets, rights and values related to the disaster.

July 14, 2020

BHP faces first step in $6.3 billion UK claim over Brazil dam failure

Claimants allege BHP ignored safety warnings as the Fundao dam's capacity was repeatedly increased by raising its height.

July 14, 2020

Funds buy into a copper rally fuelled by China and Chile

Hedge funds are starting to buy into the rally in copper, which continues to build upside momentum.

July 14, 2020

Congo gives mines a month to release confined workers

Workers have been told by managers to either stay and work or lose their jobs.

July 14, 2020

Lundin defends early retirement package for Candelaria workers

The company rejects claims by the mine supervisors' union that it is planning to lay off workers.

July 13, 2020

Workers at Antofagasta’s Centinela mine vote to strike

A stoppage could jeopardize the operational continuity of the mine.