December 17, 2020

Rio Tinto taps finance head as new chief executive

Jakob Stausholm will have to rebuild Rio’s reputation following an international outcry over its destruction of sacred Aboriginal rock shelters.

December 16, 2020

Veteran copper executive sees mines avoiding major strike shocks

Just one mid-sized mine in Chile has halted operations because of strikes in the current wage cycle.

December 16, 2020

Ethiopia revokes licences of 63 mining companies

The companies were said to have breached contract rules, failed to renew their licenses, or not made royalty payments.

December 16, 2020

Freeport CEO sees banner years ahead after gains won in ‘battle’

CEO Richard Adkerson expects copper volumes to expand by 20% and gold by 70% next year, with rising outputs lowering costs.

December 16, 2020

SolGold faces rebellion from top shareholders

Mining heavyweights that backed the company and its huge Ecuadorian copper deposit are growing increasingly frustrated by the management’s decisions.

December 16, 2020

Rio Tinto’s $6.7bn Oyu Tolgoi expansion to begin in 2022

The update on budget and timeline for the expansion didn't provide clarity on the funding and economics surrounding the giant project.

December 15, 2020

Ero copper shares up on new results at Curaçá Valley

Company has released new results for its copper project in Bahia State, Brazil, and for its NX Gold Mine in Mato Grosso State.

December 15, 2020

Base metals get supercharged thanks to China rebound

Industrial metals are well on their way to being among the top performers of 2020.

December 15, 2020

Freeport lower 2021 copper charges signal sixth drop for benchmark

Spot treatment charges in China are languishing at their lowest level in eight years.

December 15, 2020

Strike averted at Centinela as union accepts offer

The agreement followed the company’s offer of a 36-month contract, a 2% salary increase and contract-signing bonus of $23,500 per worker.