March 31, 2019

Sierra Gorda union agrees deal with KGHM to avert Chile copper mine strike

The union threatened strike action in mid-March.

March 30, 2019

MMG’s subsidiary in Peru rejects blockade at Las Bambas, asks for dialogue

Since early February, the Indigenous community of Nueva Fuerabamba has been blocking a national highway called Corredor Minero del Sur.

March 29, 2019

Brazil’s Vale proposes increase of board, more mining execs

According to a securities filing on Thursday night, three board members will be independent and nine will be appointed by controlling shareholders.

March 29, 2019

Chile’s Codelco copper output drops in 2018, profits plunge

Pizarro said 18 labor negotiations at Codelco's mines affected its bottom line but that productivity increases kept costs in line with industry averages.

March 29, 2019

Maverix to buy most of the silver from Ascendant’s Honduran mine

The Vancouver-based company will make an advance payment of $7.5 million for the right to purchase 22.5% of the silver produced from El Mochito mine.

March 28, 2019

Brazil’s Vale slashes iron ore sales estimate after dam burst

Vale SA estimates selling up to 75 million tonnes less iron ore this year, after several mines were halted following its second deadly dam burst in less than four years.

March 28, 2019

Chile’s Codelco to boost production at El Teniente copper mine

Output increase would position the mine, which produced 465,000 tonnes of the red metal in 2018, among the world's five largest copper operations.

March 27, 2019

Brazil’s Vale announces writedowns, profit after dam disaster

Vale posted fourth-quarter profit of $3.786 billion, compared with $771 million a year earlier.

March 27, 2019

Newmont readies leadership team post-merger with Goldcorp

Newmont's $10-billion acquisition of Canada’s Goldcorp is expected to close in the second quarter of the year.

March 27, 2019

UNEP, ethical investors join miners’ quest for global tailings rules

Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.