September 27, 2018

Chile greenlights Latin America’s largest desalination plant

The ENAPAC project is meant to serve mainly the mining industry, which is very active in Chile’s dry, but copper and lithium-rich north.

September 27, 2018

Freeport, Rio formally yield control of giant Grasberg mine to Indonesia

Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.

September 26, 2018

Ford CEO says Trump metals tariffs took $1B of profit

Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.

September 26, 2018

Congo leader vows elections to proceed on schedule in December

DRC President Joseph Kabila vowed delayed elections will take place as planned this year.

September 26, 2018

Brazil’s Vale shareholders near deal to pay Eletron $692m

Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over…

September 26, 2018

First Quantum, Panama Gov’t study ruling that casts doubts on giant copper mine

The country' Supreme Court ruled Monday that Law 9, used to grant the mining concession for Cobre Panama copper project, was unconstitutional.

September 25, 2018

China Baowu Steel Group denies report about takeover of Magang – media

This deal would help entrench China's position as a serious competitor in global steel markets.

September 25, 2018

China copper smelters set Q4 treatment/refining charges lower than a year earlier

China's top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per pound.

September 25, 2018

Anglo American becomes latest top miner to land in Ecuador

Deal with Luminex gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three copper and gold concessions in Ecuador.

September 25, 2018

Glencore to double size of $1B share buyback program

Moves follows a growing number of world’s top miners returning more money to investors this year.