Freeport shares dented by output drop, higher 2020 spending
The US miner has spent billions in the switch from a depleting open pit and to develop a coexisting underground mine.
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One year after Vale’s Brazilian dam burst, burying Brumadinho
One year ago, a Brazilian dam operated by Vale gave way to a tsunami of 9.7 million cubic meters of mining sludge that buried part of a town and killed 270 people.
Lundin Gold CEO looking for acquisitions, open to a takeover
The company’s largest shareholder, Newcrest Mining, is supportive of a potential acquisition.
Codelco requests exploration permits for Chile’s second largest salt flat
Licences would allow the miner to determine concentrations of lithium on the flat, estimate the size of the resource and identify necessary next steps.
Codelco kicks off production at El Teniente expansion ahead of schedule
Phase one was completed 15 months ahead of schedule and for $50 million less than originally expected.
Barrick irons out issues in Tanzania with “historic” deal
The agreement formally ends a long-running tax dispute, setting a template for negotiations with other firms.
Centerra receives permits to re-start mining at Kumtor
Open pit mining is ramping up with full production rates expected in the next few days.
Lynas on track to get new Malaysia permit by March
The company said growth in the EV market is expected to result in a sharp rise in demand for heavy rare earth elements.