June 4, 2021

Costa Rica wins arbitration case over open-pit gold mine

An international arbitration panel ruled Costa Rica does not owe Canadian miner Infinito Gold any compensation from a project cancellation 10 years ago.

June 4, 2021

Chilean union, BHP kick off labor talks at Escondida

The union has requested a one-time signing bonus equivalent to "1% of dividends paid to the mine's owners".

June 4, 2021

Vale closes mines after evacuation order at Xingu dam area

Company has interrupted production at its Timbopeba mine and part of its Alegria mine after prosecutors ordered the evacuation of an area around the nearby Xingu dam.

June 4, 2021

Court order forces steelmaker CSN to upgrade dam safety in Minas Gerais

A judge ordered the company to work on the safety of the Fernandinho dam or pay a daily fine of $197,667.

June 4, 2021

BHP to pay $93m for environmental harm at Escondida

The figure is part of a plan drawn up to resolve a lawsuit from the state over water use and related damage to a sensitive area.

June 3, 2021

Workers again block rail line supplying Colombia coal miner Cerrejon

Cerrejon, jointly owned by BHP, Anglo American and Glencore, has had repeated disagreements with nearby Wayuu indigenous communities and its largest union, which held a three-month strike last year.

June 3, 2021

Copper price crashes through $10,000 as China premium hits 9-year low

China's appetite for overseas metal seems to be fading, with Yangshan copper import premiums falling to $28.50 a tonne, the lowest since at least 2012.

June 3, 2021

Iron ore rises despite China’s moves to lower prices

Bank of America forecasts iron ore will average $172.2 a tonne this year; then $143.8 a tonne in 2022.

June 3, 2021

RMI unveils set of rules to help miners fulfill ESG expectations

Companies are feeling increased pressure from shareholders and institutional investors to prioritize ESG factors.

June 2, 2021

Chile ‘pretty confident’ of tempering tax bill

Chile’s government is confident of paring back a copper tax bill in order to stay competitive with other major producers, the mining minister said.