Chile’s mining investment to lag while constitution rewritten, official says
The world-leading copper industry may see investment lag for at least two years.
Latest Stories
Billionaire Gina Rinehart’s wealth swells with Hancock’s A$4bn profit
Hancock Prospecting reported a A$4 billion ($2.9bn) net profit after tax for financial 2020, a 56% improvement from the A$2.6 billion logged last year.
Union at Candelaria rejects new deal, strike continues
Workers said will push forward with the nearly month-long strike that has shut down the mine in Chile.
Copper trading volumes rebound as speculators return
Copper volumes on world exchanges are climbing again as a buoyant economic recovery from covid-19 in top metals consumer China spurred speculators to pile back into the market.
Gold price retreats as US voting stretches on
Spot gold fell 0.4% after voting tallies showed a tight race in the US presidential election.
Marathon derisks Valentine with permitting milestone
In April, the company released a prefeasibility study for Valentine, which outlined a 12-year open pit and conventional milling operation producing an average of 175,000 oz. of gold annually in the first nine years of operation.
Australia accepts human rights complaint against Rio Tinto over Bougainville
The complaint alleges environmental and human rights violations caused by Rio's former Panguna mine on the island.
Wesdome on track to meet guidance, invests in Eagle River and Kiena
Company generated a total of 20,008 oz. from its Eagle River complex in Ontario in the third quarter of this year, at all-in sustaining costs of $1,047 per oz.
Australian Strategic Materials acquires Korean JV partner
The Western Australia-based company is now the main shareholder at Ziron Tech.
