Brazil studying auction of rights to six unexplored mining areas in 2019
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
Latest Stories
Union official at Chile’s Escondida mine predicts ‘overwhelming’ vote against BHP offer
Union members have until Wednesday to finish voting on the company's proposal.
First Quantum extends copper hedging, even as trade war clips prices
The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.
Copper price bears shrug $280B China stimulus package
And Chuquicamata stoppage, looming Escondida strike.
US State Department sees ‘minimum’ impact from Keystone XL new route
The alternate route approved last year by Nebraska regulators is expected to have minor to moderate effects on three of the eight environmental categories the U.S. State Department assessed.
Turkish steel makers eye exports to West Africa amid US tariff setbacks
Turkey was looking to boost its trade with West Africa and sub-Saharan countries, where there is demand for the less capital-intensive steel products.
Fate of South African gold rests on giant, loss-making mine
The South Deep mine was built to target the world’s second-biggest known body of gold-bearing ore, a deposit that could produce for the next 70 years.
Indonesia unlikely to change coal supply, pricing rules until 2019
Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.
Anil Agarwal given more time to make firm offer for Vedanta Resources
He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion).
