July 29, 2022

Codelco copper slump underscores global mine supply challenges

The world’s biggest copper supplier saw production fall 9.3% last quarter from a year prior.

July 29, 2022

Miners’ profits face an unusual foe: extreme weather

It is an unusual situation for companies that have experience operating anywhere in the world.

July 29, 2022

Copper price expected to rebound further, poll shows

News of more infrastructure projects and support for China's property market boosted copper prices this week.

July 29, 2022

Codelco posts 35% drop in H1 pre-tax profit, production falls

The miner produced 736,000 tonnes of copper between January and June, a 7.5% fall versus the first half of 2021.

July 29, 2022

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

July 29, 2022

Eldorado Gold operating costs up more than 20% in Q2

The Canadian gold miner saw cash operating costs for the second quarter jump by 22%, while costs per ounce sold increased by 9%.

July 28, 2022

Copper producers step up campaign against Chile royalty proposal

Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments.

July 28, 2022

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

July 28, 2022

If Brazil legalizes more Amazon mining, it would drive deforestation, study says

Building new roads to reach mines would allow illegal loggers, land grabbers and ranchers easier access to relatively untouched parts of the forest, study says.

July 28, 2022

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.