July 30, 2018

First Quantum extends copper hedging, even as trade war clips prices

The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.

July 30, 2018

Copper price bears shrug $280B China stimulus package

And Chuquicamata stoppage, looming Escondida strike.

July 30, 2018

Codelco’s Chuquicamata copper mine hit by strike, blockage

Workers have downed tools and blocked access to the mine in protest of the "unjustified layoff" of two colleagues.

July 30, 2018

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

July 29, 2018

Environmentalists worried about prospecting in New Zealand’s South Island

The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.

July 29, 2018

Pebble’s Draft Environmental Impact Statement to be ready in January

A “scoping report” based on 175,000 comments will be published in August 2018.

July 29, 2018

Chile’s Escondida mine workers reject labor offer, to vote on strike

The vote began on Saturday and will continue through the middle of next week.

July 27, 2018

Workers at First Quantum’s mine in Spain go on strike

They are demanding hazard pay for subcontractors.

July 27, 2018

Will BHP’s CEO follow Top Miner’s shale unit out of the door?

BHP Billiton Ltd.’s $10.8 billion of deals to exit its troubled U.S. shale unit will allow Chief Executive Officer Andrew Mackenzie to shower investors with returns. It may also be…

July 27, 2018

Indian billionaire Anil Agarwal’s moves on Anglo

Billionaire Anil Agarwal in July said he planned to offer around $1 billion to take London-listed Vedanta Resources Plc private, a move that has rekindled speculation his ultimate aim is…