July 17, 2018 LME to launch monthly ‘implied pricing’ for base metals Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
July 17, 2018 Rio Tinto posts jump in iron ore output, flags stronger 2018 Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements…
July 15, 2018 Chilean government wants conflict at Escondida to be over The possibility of a strike was talked about over the weekend.
July 15, 2018 Copper trains ransacked by ‘Moles’ in full-moon desert heists A common target for the thieves is Antofagasta Plc’s logistics unit Grupo FCAB, which owns and operates about 700 kilometers of railway lines used to transport cathode and semi-processed copper.
July 13, 2018 Rio Tinto’s ‘world’s largest robot’ delivers first iron ore load The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled from Tom Price mine to the port of Cape Lambert
July 12, 2018 BHP makes contract offer to union at Escondida mine in Chile Labor talks at Escondida are in the final stretch before a 30-month contract expires at the end of July.
July 12, 2018 Rio Tinto to sell its largest pink diamond The 3.14-carat polished emerald cut diamond, known as The Argyle Alpha, is part of the line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle pink diamonds…
July 12, 2018 Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.
July 11, 2018 Chile eases way for foreign-backed miner to take control of Lithium deposit Salar Blanco, which is 50 percent-owned by Lithium Power International, has dropped a lawsuit against Chile to block state-run Codelco from exploiting a lithium deposit where both have claims.
July 11, 2018 Rio Tinto’s minerals sands operation in South Africa shut by protests A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier…
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
