August 10, 2021

Centerra ‘financially strong’ three months following Kumtor nationalization

Legal challenges mount in Kyrgyzstan as Kumtor potentially on the hook for $4.5 billion in claims.

August 10, 2021

Chile’s Caserones mine regrets union strike, open to talks

The union said on Monday talks had gone nowhere and that it felt it had no choice but to walk out.

August 10, 2021

Peruvian mining sector to pay record $3bn in taxes in 2021, says industry group

The group also forecasts that the mining sector will pay 17 billion soles in taxes on average each year from 2022 through 2026.

August 10, 2021

Chile’s mining industry sees 2-3 years of high copper prices

Diego Hernández, president of the National Society of Mining (SONAMI), said the electric vehicle revolution and booming renewable energy industry would prop up demand.

August 10, 2021

BHP gets closer to wage deal at Escondida

Negotiators asked labor authorities for a one-day extension in a mediation process.

August 10, 2021

Copper price bounces back on Chile supply concerns

Several mines in the world's top copper producer country are in the throes of tense labor negotiations.

August 10, 2021

Peru’s finance chief says mining taxes can rise without affecting competitiveness

He said the administration is committed to maintaining fiscal discipline and will reduce the deficit in 2022 by 1 percentage point compared with 2021.

August 10, 2021

Aluminum, copper, zinc usage from solar energy sector expected to double by 2040 – report

A report by Wood Mackenzie states that an expected increase of solar’s share in the global power supply presents opportunities for the base metals sector.

August 9, 2021

BHP, workers union at Escondida mine in Chile to extend talks by a day

Copper prices soared to record highs earlier this year, giving workers unions additional leverage in negotiations.

August 9, 2021

Union at Caserones copper mine in Chile to strike after talks collapse

Several mines in world top copper producer Chile are in the throes of tense labor negotiations, including BHP's Escondida and Codelco's Andina at a time when supply is already tight.