July 25, 2018 BHP final pay offer to Escondida workers falls short of union demands BHP has offer workers a signing on bonus of $27,000, up from an earlier offer of $23,000, plus a 1.5% salary increase, but still well under the bonus up to…
July 24, 2018 Chile’s copper agency said US-China trade war to hit metal price The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to…
July 22, 2018 Union at Chile’s Escondida mine sees little hope for contract deal Labor negotiations at Chile's Escondida copper mine, the world's largest, are frozen without signs of progress.
July 19, 2018 Rio Tinto opens Chicago office to be closer to US customers The new Rio Tinto office will allow for expanded engagement and provide opportunities for partnerships with new and existing customers.
July 19, 2018 De Beers buys Canada’s Peregrine Diamonds for $81 million Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.
July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 Guinea’s mining minister says there will be Simandou deal, talks go on Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]
July 18, 2018 Wreck of Russian warship carrying $130bn in gold found off South Korea The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well…
July 17, 2018 World’s biggest miners want more copper but nobody’s selling Nobody who owns a copper mine wants to give it up. Even when Glencore and Anglo American Plc were crippled by debt during the 2015 commodity slump, neither was willing…
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
