July 23, 2020

Freeport CEO says no change of plans despite copper price rally

US copper giant Freeport McMoRan swings to profit in second quarter after cost-cutting program.

July 23, 2020

Zaldivar mine workers extend talks to avoid strike

Antofagasta and workers decided to extend government-mediated talks for a new union contract.

July 23, 2020

Rio Tinto seeking solutions that transform heat from underground mines into electricity

The world’s second-largest miner wants to launch a pilot project at its Arizona operation with the idea of extending it worldwide.

July 23, 2020

Teck’s Chile expansion delayed by up to six months

Teck said it could see its Quebrada Blanca Phase 2 expansion project in Chile delayed, at a cost of up to $290 million.

July 22, 2020

Map shows global mining “relatively unscathed” by pandemic

"It’s likely that miners will need to boost investment in local communities for some time as the full impact of covid-19 continues to play out."

July 22, 2020

Most mining mega deals involve Canadian companies – report

PwC says Canadian miners played a key role in delivering a successful year for the world’s biggest mining companies in 2019.

July 22, 2020

Perfect storm in scrap is copper’s hidden bull driver

Global scrap trade flows have dropped significantly over the past two years as China has closed the import door.

July 22, 2020

Antofagasta copper output steady despite pandemic

Production volumes in the second quarter were 5% ahead of expectations, but lower than in the first quarter.

July 21, 2020

Callinex starts drilling in Pine Bay, shares up

The campaign in Manitoba will complete up to 1,500m of drilling at the project to test two newly identified Borehole Pulse Electromagnetic anomalies.

July 21, 2020

High gold, iron ore prices drive Brazil mining revenue

In Q2 2020, mining companies reached a production value of $7.5 billion, 9% higher than Q1.