November 28, 2019 Chile protests threaten to dethrone world’s top copper producer Codelco planned to spend $20 billion to modernize its aging mines, but protests have undermined the state-owned miner's push.
November 28, 2019 Oz Minerals to kick off construction at $35 million mine in Brazil after series of Vale deals Pedra Branca underground mine is expected to have an annual production of about 18,000 tonnes of copper and 11,000 ounces of gold over an eight-year mine life.
November 27, 2019 Rio and Centre of Excellence to grow indigenous participation in minerals development in North America Rio Tinto is the first resources company to join the partnership with a contribution of A$1 million over 5 years.
November 27, 2019 Anglo CEO urges South Africa to upgrade rail, ports to boost mining The government must tackle unresolved issues in the mining charter and “bring stability” to Eskom.
November 27, 2019 First Quantum may team up with Rio Tinto to develop Peru copper mine First Quantum owns the Haquira deposit in southern Peru and Rio owns the La Granja porphyry copper project in the South American country.
November 27, 2019 Vale to shutter Mozambique coal operations for 3 months The move could have severe implications for the country’s balance of payments and currency, as coal is by far its biggest source of export earnings.
November 27, 2019 BHP’s Henry signals new technology a focus in first speech Henry said a BHP team had built an Internet of Things sensor gateway, which collects real time data from sensors on mobile and fixed equipment.
November 27, 2019 Anglo American sells stake in Australian coal mine for $141m A 12% interest in the Grosvenor coking coal mine is being acquired by a consortium of Japanese companies.
November 26, 2019 Rio Tinto invests $749 million in Pilbara iron ore mine The company said the project is expected to deliver internal rate of return with a capital intensity of about $25 per tonne of production capacity.
November 26, 2019 Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down Vale said its annual assets review of its base metals and coal business is still underway and further impairments charges that would also impact fiscal year 2019 cannot be ruled…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
