MINING.COM

BHP sees Chile uncertainties easing in investment climate boost

BHP, which operates the world’s biggest copper mine in Chile, has dangled $10 billion to develop more resources in the country if those uncertainties are finally resolved.

Bloomberg News | September 27, 2022 | 4:49 pm

Equinox Partners takes a stand against mining’s nonaligned directors

Chief investment officer Sean Fieler has witnessed declining levels of insider ownership at the GDX across a swath of companies in the last seven years.

Amanda Stutt & Henry Lazenby | September 27, 2022 | 3:27 pm

Another mine dam wall collapses in South Africa

There were no immediate reports of any injuries or deaths from the latest dam wall collapse at the dormant diamond mine, which was once owned by De Beers.

Reuters | September 27, 2022 | 3:11 pm

MMG expects to invest $2 billion in troubled Las Bambas copper mine in Peru

One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.

Reuters | September 27, 2022 | 1:55 pm

Revised Colombia tax bill still puts mining investment at risk – industry group

The Colombian Mining Association president said even the modified bill put an undue tax burden on miners, citing what was a 90% effective tax rate.

Reuters | September 27, 2022 | 12:16 pm

Norsk Hydro cuts aluminum output as demand falls

Hydro's Norwegian plants produce just over 1 million tonnes of aluminum annually.

Reuters | September 27, 2022 | 11:56 am

Nickel spreads collapse as banks face soaring financing costs

The jump in the dollar and borrowing costs have made it much more expensive for banks to finance London Metal Exchange positions in recent days.

Bloomberg News | September 27, 2022 | 11:42 am

Copper production to show “strong and consistent” growth for next decade

New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.

Staff Writer | September 27, 2022 | 11:08 am